The Impact Factor of Health on the Economy using the Cycle of Money

• Author: Challoumis C.
• Position: National Kapodistrian University of Athens
• Pages: 125-136

Bulletin of the Transilvania University of Braşo v

Series V: Economic Sciences • Vol. 11 (60) No. 2 – 2018

THE IMPACT FACTOR OF HEALTH ON THE

ECONOMY USING THE CYCLE OF MONEY

Constantinos CHALLOUMIS1

Abstract: This paper is about the comparison of the cycle of money with the

impact factor of health, and without it. Hence, this thesis is based on the cycle of

money and on the impact factor of health. This means that we should have the

appropriate health system for the support of the financial market and of the

economy. Thus, the impact factor of the health is important as it enforces the

economic dynamic of any economy. This is not obvious as there is taxation of

factors which are not returned back to the market. Therefore, we extract

conclusions about the importance of this impact factor, and for the purposes of the

Q.E. method and a real case scenario are used.

Keywords: health, the cycle of money, economy, robust

1. Introduction

In this scrutiny using the Q.E. method extracted conclusions, about the behavior of the

healthcare system on the economy. For the extraction of these conclusions needed to

the one case to use the impact factor of health, and to the other case to avoid it. The

health care impact factor is about the administration of the public sector, to the private

sector, and the returns of taxes to the market. Additionally there should be mentioned

that any other rewarding taxes are excluded from this study to estimate the utility of

this factor. The sense of a generator and of multiple axiomatics in a fuzzy logic concept is

crucial for this work. Health has a significant impact on the dynamic of the economy as

would be shown in the next sections, using a quantification method by the appliance o f

computational tools and a real case approach. The purpose o f the paper is to show the

impact of the health on the economy from the point of view of the cycle of money,

which is analyzed to the next sections. A real case scenario is also used to reveal the

approximation of the Q.E. method about the health impact factor to the economy. The

health system is not just a public expenditure about the taxation system, but provides

crucial economic feedback to other economic units, empowering the dynamic of the

economy. These topics are to be presented in the next section.

2. Cost sharing and the Applied Methodolog y

The contracts and agreements between the participants of control transactions are

these which determine the allocation of profits and losses. To the agreements should be

1 National Kapodistrian University of Athens, challoumis_constantinos@yahoo.com