This paper updates the mortality cost of expenditures. Because changes in income lead to changes in mortality risk, regulatory expenditures costing more per life saved than a threshold cost-per-life saved cutoff level are expected to increase mortality risk. This article discusses the mechanisms...

The Canadian Institute for Health Information's annual National Health Expenditure (NHEX) is a vital source of data on how much Canadians and their governments are spending on healthcare generally, as well as on specific categories. Because the NHEX reports give both preliminary numbers based on...

Public drug expenditures increased markedly in recent years across Italian Regions and they have become an important issue in the debate on health care cost containment. This paper uses Italian regional data to investigate the determinants of pharmaceutical expenditures. The study differs from...

A primary purpose of health insurance is to protect families from medical expenditure risk. Despite this goal and despite the fact that research has found that Medicaid can crowd out private coverage, little is known about the effect of Medicaid on families' spending patterns. This paper...

The importance of health expenditure has gone on to becoming a crucial sector of public investment irrespective of the economic status of a nation. The prime importance of sustainable healthcare has also been acknowledged in the United Nations' 2030 Sustainable Development Agenda in which SDG 3...

Governments of developing countries typically spend between 20 and 30 percent of gross domestic product. Hence, small changes in the efficiency of public spending could have a major impact on aggregate productivity growth and gross domestic product levels. Therefore, measuring efficiency and...

Enhancing the efficiency of education and health spending is a key policy challenge in G7 countries. The paper assesses this efficiency and seeks to establish a link between differences in efficiency across countries and policy and institutional factors. The findings suggest that reforms aimed...

This paper provides empirical evidence of Medicaid crowd out of demand for private long-term care insurance. Using data on the near- and young-elderly in the Health and Retirement Survey, our central estimate suggests that a $10,000 decrease in the level of assets an individual can keep while...