Do health expenditures 'catch-up'? Evidence from OECD countries.

Do health expenditures 'catch-up'? Evidence from OECD countries. Research Abstract Details 

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Do health expenditures 'catch-up'? Evidence from OECD countries. Abstract Text:

Paresh Kumar Narayan,

In this paper, we examine the 'catch-up' hypothesis, that is, whether or not per capita health expenditures of the UK, Canada, Japan, Switzerland, and Spain converge to the per capita health expenditures of the USA over the period 1960-2000. We propose a framework to examine convergence of health expenditures and use recent developments in unit root testing, namely the Lagrange multiplier univariate and panel approaches that allow for at most two structural breaks. Our main finding is that while univariate and panel tests that do not incorporate structural breaks fail to find evidence of convergence, univariate and panel LM tests that allow for structural breaks find strong evidence of convergence of per capita health expenditures of the UK, Canada, Japan, Switzerland, and Spain to that of the USA.

Do health expenditures 'catch-up'? Evidence from OECD countries. Publishing Authors By Initials

PK Narayan,

For similar health care economics and organizations: state medicine research abstracts see: health care economics and organizations: state medicine research

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Do health expenditures 'catch-up'? Evidence from OECD countries. Journal Published:

PUBLICATION TYPE: Journal Article

Journal: Health economics

VOLUME: 16

Page Numbers: 993-1008

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ISSN: 1057-9230

DAY: 20

MONTH: Oct

YEAR: 2007

Do health expenditures 'catch-up'? Evidence from OECD countries. Information

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LANGUAGE: eng

NlmUniqueID: 9306780

Do health expenditures 'catch-up'? Evidence from OECD countries. Keywords Mesh Terms:

KEYWORDS: State Medicine

MESH TERMS: trends

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Grant and Affiliation Information for Do health expenditures 'catch-up'? Evidence from OECD countries.

AFFILIATION: Department of Accounting, Finance and Economics, Griffith Business School, Queensland, Australia. p.narayan@griffith.edu.au

Country: England

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MEDLINETA: Health Econ

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