IJTEF 2011 Vol.2(2): 99-102 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2011.V2.85

Correlation Analysis Between the Health System and Human Development Level Within the European Union

OPREANA Alin, MIHAIU Diana Marieta
Abstract—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.

Index Terms—correlation, effects, effort, health expenditure, Human Development Index.

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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.

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