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health care and national income. Using a panel threshold regression model, we derive country-specific and time …-specific income elasticities for 17 OECD countries over the period 1975-2003. In contrast to many previous analyses, our empirical … income seems rather nonlinear, changing over time and across countries …
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aggregate health-care price inflation rate series, using the data on health-care inflation rates for a panel of 17 major US … generation panel unit root tests and the panel stationary test developed recently by Carrion-i Silvestre et al. (2005) that …
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regression method for a dynamic panel model with fixed effects. The results show that the determinants of per capita health care … the short and long run income elasticities are smaller than one, and health care is a necessity. The density of physicians …
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