Erdil, Erkan; Yetkiner, I. Hakan - Forschungsstelle Nachhaltige Umweltentwicklung (ZMK), … - 2004
This study provides evidence on income-health causality by employing a large micro panel data set with a VAR representation. The findings verify that dominant type of causality is bidirectional which cast doubt on the performance OLS estimates in the literature. Moreover, one-way causality...