Özet:

Goal: With the development of internal growth models, the concept of human capital has become an important factor for economies. The human capital element is directly related to education and health expenditure for individuals. There are many studies in literature that study the impact of human capital on growth in economies. In this study, Turkey has also tried to study the impact of health expenditure on economic growth, which is an important factor in the formation of human capital in 34 OECD countries. The main objective of the study is to analyze the impact of the total health expenditure in the OECD countries on growth in these economies. Method: In accordance with the purpose of the study, first panel unit root tests and panel integration were done and then the panel fully adjusted the smallest square forecast and the vector error correction model was used. The findings: The findings obtained in the analysis section of the study show that there is a linear relationship between health expenditure for OECD countries and non-profit domestic resources. The increase in health expenditure in these economies also increases national income. In addition, the Vector Error Correction Model results also discuss the bilateral causal relationship between the variables addressed.

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