Hi all, I'm doing fyp with the title of the determinant of healthcare expenditure in 2011-2020. Here are my variables: government financing, gdp, total population.
first model is: healthcare expendituret=B0+B1gov financingt + B2gdpt + B3populationt + et
second causal relationship model is healthcare expenditure per capitat= B0 + B1gdp per capitat +et
It is possible to use unit root test then ADRL for the first model and what test can use for the second model?
Thank you in advance for those reply me :)
You should read the Global Burden of Disease articles on health care financing. Their appendices fully disclose their variables (& they've spent a lot of time & effort dettermining the best ones) and they provide their (sophisticated) statistical code. Lead author on most of that work is Joseph Dieleman or something like Global Burden of Disease Health Financing Collaborator Network. A full biblio of this work is at https://www.healthdata.org/about/joseph-dieleman if you click on the publications tab. The pubs are all open-access & most are on ResearchGate. :-)
The easiest route to analyse the data facts is to graph them individually (study the trend and noise) and together. It is after establishing data facts that one can decide on the analytical method given the low level of degrees of freedom.
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