Analysis of the Health Spending and GDP in the Visegrad Group and in Germany

Martina Hedvicakova , Alena Pozdilkova , Arkadiusz Piwowar


The aim of this article is to analyze health care expenditures in Czech Republic and in states of Visegrad Group and Germany as a comparison. Correlation analysis with significance testing and time series prognosis will be used. Data for analysis were obtained from Eurostat and OECD. Correlation coefficients for health care expenditures and GDP per capita were calculated for individual states of the Visegrad Group and for comparison of Germany. Most correlated are these variables in Poland, where computed value is 0.9905, which is very closed to one. It means, that trend of heath care expenditures and GDP per capita is almost the same. Subsequently, prognosis of heath care expenditures was carried out in the Czech Republic, which showed a further increase in health care expenditures by 2028, which corresponds to the demographic and economic trend. There is a similar trend in other analysis countries.
Author Martina Hedvicakova - University of Hradec Kralove
Martina Hedvicakova,,
, Alena Pozdilkova - University of Pardubice
Alena Pozdilkova,,
, Arkadiusz Piwowar (E&F / DMaFE)
Arkadiusz Piwowar,,
- Department of Economics and Organization of Agri-Food Economy
Publication size in sheets0.5
Book Jedlicka Pavel, Maresova Petra, Firlej Krzysztof, Soukal Ivan (eds.): Proceedings of the International Scientific Conference Hradec Economic Days 2020, vol. 10, no. 1, 2020, University of Hradec Kralove, ISBN 9788074357763, 917 p., DOI:10.36689/uhk/hed/2020-01-000
Jedlicka_P_Maresova_P_Firlej_K_Soukal_I_Hradec_Economic_Days.pdf / 42,09 MB / No licence information
Keywords in Englishhealth care expenditures; costs; correlation analysis; GDP; prognosis
Languageen angielski
Hedcicakova_M_Pozdilkova_A_Piwowar_A_Analysis_of_the_Health.pdf 789,4 KB
Score (nominal)5
Score sourcepublisherList
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UwagaThe paper is supported by the project of Technological Agency of the Czech Republic, TL01000300 Treatment and care of people with Alzheimer's disease - economic burden in the context of the development of new drugs.
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