An International Comparison of Health Care Expenditure Determinants
نویسنده
چکیده
In this paper, we estimate a health care demand function for 18 OECD countries for the period 1972-1995. We consider a demand side approach where health expenditure depend on per capita GDP and the relative price of health care. We use panel data unit root and stationarity tests to characterize our data. Then, we test cointegration between our variables with Kao[16] panel data cointegration tests. As we accept cointegration, we compare different estimators (OLS, FMOLS, DOLS). Results give conflicting evidence for the value of health expenditure income elasticity. The least biaised estimator gives a value that exceeds unity. JEL classification : C12; C22; C23; I10
منابع مشابه
Determinants of Healthcare Utilisation and Out-of-Pocket Payments in the Context of Free Public Primary Healthcare in Zambia
Background Access to appropriate and affordable healthcare is needed to achieve better health outcomes in Africa. However, access to healthcare remains low, especially among the poor. In Zambia, poor access exists despite the policy by the government to remove user fees in all primary healthcare facilities in the public sector. The paper has two main objectives: (i) to examine the factors assoc...
متن کاملHealth care expenditure in the Islamic Republic of Iran versus other high spending countries
Background: In all countries, health expenditures are a main part of government expenditure, and governments try to find policies and strategies to reduce this expenditure. Overall expenditure index has been raised 30 times during the past 20 years in Iran, while in the health sector, the growth in health expenditures index has been 71 times. The present study aimed at examining health care exp...
متن کاملThe Effect of the Presence of an Elderly Member on Health Care Costs of Iranian Households
Objectives Over the past few decades, Iran has faced rapid demographic changes, including a sharp decline in birth rates and increased life expectancy. This has led to an increase in the average age of the population and an increase in the percentage of the elderly people which is called “the phenomena of aging”. The occurrence of this phenomenon in Iran is rapidly increasing, and therefore the...
متن کاملDeterminants of Healthcare Expenditure in Economic Cooperation Organization (ECO) Countries: Evidence from Panel Cointegration Tests
Background Over the last decade there has been an increase in healthcare expenditures while at the same time the inequity in distribution of resources has grown. These two issues have urged the researchers to review the determinants of healthcare expenditures. In this study, we surveyed the determinants of health expenditures in Economic Cooperation Organization (ECO) countries. Methods We us...
متن کاملبررسی رابطه کیفیت محیط زیست و هزینههای بخش سلامت در کشورهای در حال توسعه
Introduction: Any rise in health expenditure is the main concern of householders and policymakers. A few studies have been conducted on assessing the determinants of expenditures and environmental quality from a macroeconomic point of view. This paper aimed to investigate the relationship between health expenditure and environmental quality in more than 114 developing countries between 1995 and...
متن کامل