Moscone, F.; Tosetti, E. - In: Health Economics 19 (2010) 12, pp. 1385-1403
This paper investigates the long-run economic relationship between health care expenditure and income in the US at a State level. Using a panel of 49 US States over the period 1980–2004, we study the non‐stationarity and co‐integration between health spending and income, ultimately...