Analyzing economic feasibility for investing in nursing care: Evidence from panel data analysis in 35 OECD countries.

ABSTRACT:

Objective

To analyze economic feasibility for investing in nursing care.

Method

The number of practicing nurses' density per 1000 population as a proxy for nursing staff and Gross Domestic Product (GDP) per capita (current US$) were collected in 35 member countries of Organization for Economic Co-operation and Development (OECD) over 2000-2016 period. The statistical technique of panel data analysis including unit root test, cointegration analysis, Granger causality test, dynamic long-run model analysis and error correction model were applied to measure economic impact of nursing-related services.

Results

There was a committed bilateral relationship between nurse-staffing level and GDP with long-run magnitudes of 1.39 and 0.41 for GDP-lead-nurse and nurse-lead-GDP dir

SUBMITTER: Amiri A 

PROVIDER: S-EPMC7031164 | biostudies-literature | 2020 Jan

REPOSITORIES: biostudies-literature