Abdullah, S. M.; Siddiqua, Salina; Huque, Rumana - In: Health economics review 7 (2017) 4, pp. 1-12
addressed the issue of cross section dependence and used Westerlund (2007) panel cointegration test which is robust against … cross section dependence and heterogeneity for detecting the presence of panel cointegration. By applying Fully Modified OLS … (FMOLS) and Dynamic OLS (DOLS) it was found that the long run elasticity of Health Care Expenditure (HCE) with Gross Domestic …