Impact of Health Expenditure on Income in Turkey: Cointegration Analysis in the Sample of TR32 Region

The impact of the health expenses in TR32(Ayd？n, Denizli, Mu？la) provinces on the economic growth of these three provinces was analyzed by using Engle-Granger Cointegration Analysis for the period of 2006Q1:2015Q4. The result of the analysis shows a cointegration of the serials. This study finds out that the health expenses in the region sample studied here have a positive impact on the economic growth. As for the short term analysis error-correcting mode functions, i.e. deviations emerged among the serials in the short term converge long-term balance level