Wu, Po-Chin; Liu, Shiao-Yen; Pan, Sheng-Chieh - In: Empirica 41 (2014) 4, pp. 713-729
This paper employs a panel of 16 OECD countries over the period 1975–2009 to reexamine the health care expenditure (HCE)-income relationship by considering a lagged ratio of public expenditures on health as the transition variable in panel smooth transition regression (PSTR) models. PSTR...
