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Theoretical and Applied Economics
No. 3 / 2019 (620), Autumn

Relationship between mortality and financial crisis. The case of Greece

Dimitrios DAPONTAS
University of Peloponnese, Greece

Abstract. This manuscript is presenting the facts of crisis in Greece and especially the mortality raises. Using a set of seven variables proposed by earlier authors (Alcohol and tobacco consumption, crisis(lagged) and unemployment(lagged), Number of heart attacks and suicide attempts and health expenditure per capita) respectively. Under an exact statistic method (Robust Least Squares) for a 38-year period (1979-2016). The results show that six variables had positive relation to mortality but the effect of the two lagged variables needed one year to show. Health expenditure per capita cuts had the expected negative effect.

Keywords: crisis, health expenditure, mortality, unemployment.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016


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