DocumentCode :
1846950
Title :
Government, society and individual effects on health care expenditure
Author :
Chen, Honghai ; Huang, Cheng ; Chen, Zhong
Author_Institution :
Aetna Sch. of Manage., Shanghai Jiaotong Univ., China
Volume :
2
fYear :
2005
fDate :
13-15 June 2005
Firstpage :
1471
Abstract :
Based on the demand function, this paper analyzes the relationship among the government, society and individual health expenditures and the income of the government, society and individual, using the co-integration theory. It is found that there exists unique long-run relationship among the government, society and individual health expenditures and the income of the government, society and individual in the model over the sample period. It is also found that health care is a kind of necessity to the government and society. Income elasticity of demand of government is near to 1 and larger than the societies´. Health care is a kind of luxury to the individual. The result shows that we can not conclude that disburse of government in health care decreases during the period. It is rational of the decrease of the scale of society health care expenditure to the total health care expenditure and the increase of the scale of the individual health care expenditure to the total health care expenditure.
Keywords :
government; health care; public finance; societies; co-integration theory; health care expenditure; income elasticity; Aggregates; Econometrics; Economic indicators; Elasticity; Government; History; Insurance; Medical services;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Services Systems and Services Management, 2005. Proceedings of ICSSSM '05. 2005 International Conference on
Print_ISBN :
0-7803-8971-9
Type :
conf
DOI :
10.1109/ICSSSM.2005.1500243
Filename :
1500243
Link To Document :
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