The Econometric quantitative analysis of the relationship among Medical Expenses Growth, Aging of Population and Economic Growth
Guoqiang Ren, Fuzhen Wang
Available Online March 2015.
- https://doi.org/10.2991/etmhs-15.2015.21How to use a DOI?
- Economic Growth; Aging of Population; Medical Expenses; Econometric Analysis.
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
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 -