Modelling the trends of the healthcare funding in the EU countries
2021, 2021, No. 1
Bratislava University of Economics and Management (Bratislava, Slovakia)
The Business School (formerly Cass), City University of London (London, Great Britain),
School of Economics and Management in Public Administration in Bratislava (Bratislava, Slovakia)
Kharkiv Institute of Trade and Economics of KNTEU (Ukraine)
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Abstract
Healthcare is one of the most important sectors of the public economy in the EU countries. An important task in the analysis and prediction of the values for healthcare funding is the development and application of quantitative models based on different mathematical methods. Three of the most popular indicators used for the macroeconomic description of the funding of healthcare are: (1) total government expenditure on health as a percentage of GDP; (2) total government expenditure on health as a percentage of total general government expenditure; and (3) total government expenditure on health per capita. The aim of this research is to study the trends for the main indicators of healthcare funding on the macroeconomic level and to develop models based on time series methods for analysis of the features of the trends and the prediction of the values for the next time period.
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