Investigation of the Relationship between Macroeconomic Factors and Health Expenditures and Ministry of Health Budget in Turkey through ARDL Bounds Testing Approach

The aim of this study is to reveal the relationship between macroeconomic factors and health expenditures and Ministry of Health budget, whether the changes in macroeconomic factors affect these variables in Turkey. In this context, real GDP, unemployment, inflation and health expenditures between 1974 and 2015 were examined using the ARROL (Autoregressive Distributed Lag) bounds testing approach. As a result of the study, it is concluded that the increase in income increases the resources allocated to health in Turkey, that expansionary policies are generally preferred in public health expenditures in Turkey and, that the capacity to prevent possible negative health effects of macroeconomic changes has increased with the strengthening of the social security system, especially in the last decade, in Turkey