Health care expenditures in the United States and five industrialized economies: A pooled time-series cross-section model.
This thesis empirically analyzes the determinants of national health care expenditures in the United States and five other industrialized economies. A reduced-form model for national health care expenditures, based upon a partial-adjustment mechanism, is specified as a function of supply and demand factors in interrelated markets in the medical sector and estimated for the United States for the period 1960 to 1990. A pooled model is also estimated for a cross-section of six industrialized economies based upon time series data from 1976 to 1990 for each country. The results suggest that income, technological change, and inflation have a significant impact on national health care expenditures.
Authors: | Shah, Sandhya K. |
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Institutions: | Florida Atlantic University |
Subject: | Theory | Health Sciences | Public Health |
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