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DOI10.1111/1477-8947.12485
Projecting a long-term healthcare expenditure in the United States: Do climate change, globalization, and technological innovation play a major role?
Nwosu, Laurine Chikodiri; Awosusi, Abraham Ayobamiji; Ozkan, Oktay; Kirikkaleli, Dervis; Adebayo, Tomiwa Sunday
发表日期2024
ISSN0165-0203
EISSN1477-8947
英文摘要Recognizing the paramount importance of health, the United Nations Development Program has outlined sustainable development goals, emphasizing Goal 3, which focuses on ensuring and promoting healthy lives and well-being for all. Consequently, this study delves into the determinants of healthcare expenditure (HCE), specifically focusing on financial development (FDV), tourism (TOR), technological innovations (TINs), economic growth (EG), and climate change in the United States. The investigation utilizes data spanning from the first quarter of 2000Q1 to the fourth quarter of 2020Q4. To achieve this objective, we employed innovative quantile-based methodologies, including wavelet quantile regression and quantile-on-quantile Granger causality. These approaches facilitated a comprehensive exploration of the dynamic interactions between HCE and its influencing factors across various quantiles and periods. The wavelet quantile regression and quantile-on-quantile regression analysis findings consistently indicate a positive impact of CO2, TOR, EG, globalization, FDV, foreign direct investment, and TIN on HCE in the United States. Furthermore, the results obtained from the quantile-on-quantile Granger causality demonstrate that CO2 emissions, TOR, EG, globalization, FDV, foreign direct investment, and TIN significantly predict HCE across all quantiles. These insights have informed the formulation and implementation of various policies addressing the complex interplay between healthcare spending and its driving factors.
英文关键词climate change; financial development; healthcare expenditure; technological innovations; the United States; tourism
语种英语
WOS研究方向Environmental Sciences & Ecology
WOS类目Environmental Sciences ; Environmental Studies
WOS记录号WOS:001214526100001
来源期刊NATURAL RESOURCES FORUM
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/309514
作者单位Cyprus International University; Near East University; Gaziosmanpasa University; Lefke Avrupa University; Lebanese American University; Cyprus International University
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GB/T 7714
Nwosu, Laurine Chikodiri,Awosusi, Abraham Ayobamiji,Ozkan, Oktay,et al. Projecting a long-term healthcare expenditure in the United States: Do climate change, globalization, and technological innovation play a major role?[J],2024.
APA Nwosu, Laurine Chikodiri,Awosusi, Abraham Ayobamiji,Ozkan, Oktay,Kirikkaleli, Dervis,&Adebayo, Tomiwa Sunday.(2024).Projecting a long-term healthcare expenditure in the United States: Do climate change, globalization, and technological innovation play a major role?.NATURAL RESOURCES FORUM.
MLA Nwosu, Laurine Chikodiri,et al."Projecting a long-term healthcare expenditure in the United States: Do climate change, globalization, and technological innovation play a major role?".NATURAL RESOURCES FORUM (2024).
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