The Econometric quantitative analysis of the relationship among Medical Expenses Growth, Aging of Population and Economic Growth

摘要

According to the statistical data in recent years, we make cointegration test and Granger causality test on the correlation of medical expenses growth, economy and the aging of the population and find out that when it is adjusted by price deflation factor, the Income elasticity of China's medical spending is around 1; It is a long-term relationship of the influence of economic growth, aging of population on the growth of medical expenses, but the short-term impact is not serious; the impact of aging of population on medical expenses growth is significantly lower than the role of economic growth; economic growth, medical expenses growth are all Granger reasons why the proportion of elderly people increase.