Demand for traditional medicine in Taiwan: a mixed Gaussian-Poisson model approach
Hurdle count models are used to examine the participation and consumption decisions in Chinese medicine use. Motivated by a household production model, a second censoring mechanism is introduced into existing single-hurdle models, and the resulting specification accommodates conscientious abstainers, as well as economic non-consumers, and admits excessive zeros in the sample. In contrast to previous studies that found few predictors, empirical results based on a Taiwanese national sample suggest that Western medicine is a gross substitute to Chinese medicine, and both time price and money price play more important roles than income. Insurance, lifestyle and demographics also determine the use of Chinese medicine. Copyright © 2001 John Wiley & Sons, Ltd.
Year of publication: |
2001
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Authors: | Yen, Steven T. ; Tang, Chao-Hsiun ; Su, Shew-Jiuan B. |
Published in: |
Health Economics. - John Wiley & Sons, Ltd., ISSN 1057-9230. - Vol. 10.2001, 3, p. 221-232
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Publisher: |
John Wiley & Sons, Ltd. |
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