Proceedings of the 2015 International Conference on Education Technology, Management and Humanities Science

The Econometric quantitative analysis of the relationship among Medical Expenses Growth, Aging of Population and Economic Growth

Authors
Guoqiang Ren, Fuzhen Wang
Corresponding Author
Guoqiang Ren
Available Online March 2015.
DOI
https://doi.org/10.2991/etmhs-15.2015.21How to use a DOI?
Keywords
Economic Growth; Aging of Population; Medical Expenses; Econometric Analysis.
Abstract
According to the statistical data in recent years,we make cointegration test and Granger causality test on the correlation of medical expenses growth ,economy and the aging of the population and find out that when it is adjusted by price deflation factor, the Income elasticity of China's medical spending is around 1; It is a long-term relationship of the influence of economic growth,aging of population on the growth of medical expenses,but the short-term impact is not serious;the impact of aging of population on medical expenses growth is significantly lower than the role of economic growth; economic growth ,medical expenses growth are all Granger reasons why the proportion of elderly people increase.
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This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Guoqiang Ren
AU  - Fuzhen Wang
PY  - 2015/03
DA  - 2015/03
TI  - The Econometric quantitative analysis of the relationship among Medical Expenses Growth, Aging of Population and Economic Growth
BT  - 2015 International Conference on Education Technology, Management and Humanities Science (ETMHS 2015)
PB  - Atlantis Press
SP  - 90
EP  - 94
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-15.2015.21
DO  - https://doi.org/10.2991/etmhs-15.2015.21
ID  - Ren2015/03
ER  -