Sensitivity of elasticity estimates for OECD health care spending: Analysis of a dynamic heterogeneous data field

Health Economics

Volumn 8, Issue 5, 1999, Pages 459-472

  Roberts, Jennifer ^a  

^a UNIVERSITY OF SHEFFIELD   (United Kingdom)

Author keywords

Data fields; Dynamic heterogeneous panels; Health care expenditure

Indexed keywords

ARTICLE; DATA ANALYSIS; ECONOMETRICS; HEALTH CARE COST; HEALTH ECONOMICS; PRACTICE GUIDELINE; PRIORITY JOURNAL; STATISTICS; THEORY;

EUROPE; EUROPEAN UNION; HEALTH EXPENDITURES; HEALTH SERVICES RESEARCH; HUMANS; MODELS, ECONOMETRIC; RESEARCH DESIGN; SENSITIVITY AND SPECIFICITY;

EID: 0032863596     PISSN: 10579230     EISSN: None     Source Type: Journal    
DOI: 10.1002/(SICI)1099-1050(199908)8:5<459::AID-HEC454>3.0.CO;2-U     Document Type: Article

References (47)

1. Newhouse, J.P. Medical care expenditure a cross-national survey. Journal of Human Resources 1977; 12: 115-125.
2. McGuire, A., Parkin, D., Hughes, D. and Gerard, K. Econometric analyses of national health expenditures: can positive economics help to answer normative questions? Health Economics 1993; 2: 113-126.
3. Quah, D. International patterns of growth I: Persistence in cross-country disparities. Mimeo, Economics Department, MIT, Cambridge, MA, 1990.
4. Organisation for Economic Co-operation and Development. Health care systems in transition: the search for efficiency. Social Policy Studies No. 7. Paris: OECD, 1990.
5. Parkin, D., McGuire, A. and Yule, B. Aggregate health care expenditures and national incomes: is health care a luxury good? Journal of Health Economics 1987; 6: 109-127.
6. Gerdtham, U. Pooling international health care expenditure data. Health Economics 1992; 1: 217-231.
7. Abel-Smith, B. Cost containment in healthcare. London: Bedford Square Press, 1984.
8. Organisation for Economic Co-operation and Development. Financing and delivering healthcare. Social Policy Studies No. 4. Paris: OECD, 1987.
9. Gerdtham, U., Sogaard, J., Andersson, F. and Jonsson, B. An econometric analysis of health care expenditure: a cross-section study of the OECD countries. Journal of Health Economics 1992; 11: 63-84.
10. Leu, R.E. The public-private mix and international health care costs. In: Culyer, A.J. and Jonsson, B. (eds.), Public and private health services: complementarities and conflicts. Oxford: Blackwell, 1986.
11. Hsiao, C. Analysis of panel data. Cambridge: Cambridge University Press, 1986.
12. Hitiris, T. and Posnett, J. The determinants and effects of health expenditure in developed countries. Journal of Health Economics 1992; 11: 173-181.
13. Hitiris, T. Health care expenditure and integration in the countries of the European Union. Applied Economics 1997; 29: 1-6.
14. Roberts, J. Spurious regression problems in the determinants of health care expenditures: a comment on Hitiris. Applied Economics Letters 2000; forthcoming.
15. O'Connell, J.M. The relationship between health expenditures and the age structure of the population in OECD countries. Health Economics 1996; 5: 573-578.
16. Blomqvist, A.G. and Carter, R.A.L. Is health care really a luxury? Journal of Health Economics 1997; 16: 207-229.
17. Pfaff, M. Differences in health care spending across countries: statistical evidence. Journal of Health Politics, Policy and Law 1990; 15: 1-67.
18. Murillo, C., Piatecki, C. and Saez, M. Health care expenditure and income in Europe. Health Economics 1993; 2: 127-138
19. Saez, M. and Murillo, C. Shared 'features' in prices: income and price elasticities for health care expenditures. Health Economics 1994; 3: 267-281.
20. Getzen, T.E. and Poullier, J. International health spending forecasts: concepts and evaluation. Social Science and Medicine 1992; 34: 1057-1068.
21. Kendix, M. and Getzen, T.E. US Health services employment: a time series analysis. Health Economics 1994; 3: 169-181.
22. Engle, R.F. and Granger, C.W.J. Cointegration and error correction: representation, estimation and testing. Econometrica 1987; 55: 251-276.
23. Hansen, P. and King, A. The determinants of health care expenditure: a cointegration approach. Journal of Health Economics 1996; 15: 127-137.
24. McCoskey, S.K. and Selden, T.M. Health care expenditures and GDP: panel data unit root tests results. Journal of Health Economics 1998; 17: 369-376.
25. Hansen, P. and King, A. Health care expenditures and GDP: panel data unit root tests results - comment. Journal of Health Economics 1998; 17: 377-381.
26. Zellner, A. On the aggregation problem: a new approach to a troublesome problem in economics. In: Fox, K.A. et al. (eds.), Economic models, estimation and risk programming: essays in honor of Garhard Tintner. Berlin: Springer-Verlag, 1969.
27. Pesaran, M.H. and Smith, R. Estimating long-run relationships from dynamic heterogeneous panels. Journal of Econometrics 1995; 68: 79-113.
28. Pesaran, M.H., Smith, R. and Im, K.S. Dynamic linear models for heterogeneous panels. In: Matyas, L. and Sevestre, P. (eds.), The econometrics of panel data: handbook of theory with applications, 2nd edn. Amsterdam: Kluwer Academic, 1995.
29. White, H. A heteroscedasticity consistent covariance matrix and a direct test for heteroscedasticity. Econometrica 1980; 48: 817-838.
30. Wickens, M.R. and Breusch, T.S. Dynamic specification, the long-run and the estimation of transformed regression models. Economic Journal 1988; 98(Supplement): 189-205.
31. Bewlay, R.A. The direct estimation of the equilibrium response in a linear model. Economics Letters 1979; 3: 357-361.
32. Organisation for Economic Co-operation and Development. OECD Health Data 1996. Paris: OECD, 1996.
33. Dickey, D.A. and Fuller, W.A. Distribution of the estimators for autoregressive time-series with a unit root. Journal of the American Statistical Association 1979; 74: 427-431.
34. Phillips, P.C.B. and Perron, P. Testing for a unit root in time series regression. Biometrika 1988; 75: 335-346.
35. Im, K.S., Pesaran, M.H. and Shin, Y. Testing for unit roots in heterogeneous panels. DAE Working Papers 9526, University of Cambridge, 1995.
36. Holden, D. and Perman, P. Unit roots and cointegration for the economist. In: Rao, B.B. (ed.), Cointegration for the applied economist. Basingstoke: St Martins Press, 1994.
37. Johansen, S. Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models. Econometrica 1991; 59: 1551-1580.
38. Pesaran, M.H., Shin, Y. and Smith, R. Testing for the existence of a long-run relationship. DAE Working Papers 9622, University of Cambridge, 1996.
39. Godfrey, L.G. Specification tests in econometrics. Cambridge: Cambridge University Press, 1988.
40. Bera, A. and Jarque, C. Efficient tests for normality, heteroscedasticity and serial independence of regression residuals. Economics Letters 1980; 6: 255-259
41. Chow, G. Tests of equality between sets of coefficients in two linear regressions. Econometrica 1960; 28: 591-605.
42. Dunne, J.P., Parshardes, P. and Smith, R. Needs costs and bureaucracy: the allocation of public consumption in the UK. Economic Journal 1984; 94: 1-15.
43. Dunne, J.P. and Smith, R. The allocation of efficiency of government expenditure: some comparative tests. European Economic Review 1983; 20: 381-394.
44. Selvanathan, S. and Selvanathan, E.A. A cross country analysis of consumption patterns. Applied Economics 1993; 25: 1245-1259.
45. Gbesemete, K.P. and Gerdtham, U. Determinants of health care expenditure in Africa: a cross section study. World Development 1992; 20: 303-308.
46. Cullis, J.G. Medical care expenditure: a cross national survey: an extension to developing nations. Mimeo, University of Bath, 1977.
47. Baltagi, B.H. and Griffin, J.M. Pooled estimators vs. their heterogenous counterparts in the context of dynamic demand for gasoline. Journal of Econometrics 1997; 77: 303-327