The impact of employment, inflation, and health expenditures towards economic growth / Nor Baizura Ab Rahman

This study attempt to investigate the determinant of economic growth in a few selected develop countries. The dependent variable is economy growth(GDP) and the independent variables are health expenditure public (% of gdp), health expenditure private(% of gdp), employment to population ratio(%) and inflation.(gdp annual %). This study will involve selected 20 developed countries in period of 2007 to 2014. By using panel data analysis namely the OLS regression, Unit Root Test, Normality Test, OLS Result, and Diagnostic Check. This study have found a presence of significant, insignificant, positive and negative relationship between the dependent and independent variables. Employment and public health expenditures have significant impact towards economic growth while inflation and private economic growth have insignificant impact towards economic growth. Employment and inflation have positive relationship with economic growth while both health expenditures have negative relationship with economic growth.