Healthcare Expenditure and It's Impacts on Socio-economic Indicators: a Study of BRICS Nations

Author(s)	Keya Patel
Country	India
Abstract	The study outlines the impact of healthcare expenditure by BRICS nations on socio-economic indicators and vice versa. The relationship has been established by performing a correlation analysis followed by an Augmented Dickey-Fuller test for stationarity, a Granger's Causality test for casual relationships, and a regression analysis to quantify the impact. The data analysis has been done using time series data from World Bank and using Excel and R Studio
Keywords	Healthcare Expenditure, GDP, Infant Mortality, GNI
Field	Sociology > Economics
Published In	Volume 6, Issue 4, July-August 2024
Published On	2024-07-28
Cite This	Healthcare Expenditure and It's Impacts on Socio-economic Indicators: a Study of BRICS Nations - Keya Patel - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.25260
DOI	https://doi.org/10.36948/ijfmr.2024.v06i04.25260
Short DOI	https://doi.org/gt5hh9

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