INCOME AND THE USE OF PRESCRIPTION DRUGS FOR NEAR RETIREMENT INDIVIDUALS
SUMMARY In this paper, we estimate how demand for prescription drugs varies with income for a sample of near retirement individuals. The analysis is based on a novel panel data set with information about the purchase of prescription drugs for a large number of Danish individuals over the period 1995–2003. Our preferred model performs better in an external validation test than models that can be estimated on cross section data. Results indicate that demand does respond to variations in income and that reforms affecting income will therefore affect the use of prescription drugs. Copyright © 2013 John Wiley & Sons, Ltd.
Year of publication: |
2014
|
---|---|
Authors: | SØren Leth‐Petersen ; Skipper, Niels |
Published in: |
Health Economics. - John Wiley & Sons, Ltd., ISSN 1057-9230. - Vol. 23.2014, 3, p. 314-331
|
Publisher: |
John Wiley & Sons, Ltd. |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Income and the Use of Prescription Drugs for Near Retirement Individuals
Leth‐Petersen, Søren, (2010)
-
Housing Wealth and Consumption: A Micro Panel Study
Browning, Martin, (2013)
-
Estimation of Panel Data Models with Two-Sided Censoring
Alan, Sule, (2009)
- More ...