—This study aims to test the correlation between the
effects, effort and efficiency of health expenditure in the
European Union and Human Development Index (HDI).
Although we observe a correlation between HDI, effects and
effort in the health system, however, HDI is not correlated with
the health system efficiency calculated as the ratio between
effect and effort. This aspect shows that the elasticity of the
effects of health system reported on the financial allocation
(effort of the health system which is expressed as a percentage
of GDP) decreases, as the increase of financial allocation in GDP.
—correlation, effects, effort, health expenditure,
Human Development Index.
Cite:OPREANA Alin, MIHAIU Diana Marieta, "Correlation Analysis Between the Health System and Human Development Level Within the European Union," International Journal of Trade, Economics and Finance vol.2, no.2, pp. 99-102, 2011.