Technology as a 'major driver'of health care costs: a cointegration analysis of the Newhouse conjecture
AA Okunade, VNR Murthy - Journal of health economics, 2002 - Elsevier
Per capita real income on the demand-side and technological change, proxied by total R&D
and health R&D spending, on the supply-side are hypothesized as major drivers of per …
and health R&D spending, on the supply-side are hypothesized as major drivers of per …
Technology growth and expenditure growth in health care
Abstract In the United States, health care technology has contributed to rising survival rates,
yet health care spending relative to GDP has also grown more rapidly than in any other …
yet health care spending relative to GDP has also grown more rapidly than in any other …
Determinants of US health expenditure: Evidence from autoregressive distributed lag (ARDL) approach to cointegration
VNR Murthy, AA Okunade - Economic Modelling, 2016 - Elsevier
Abstract Using 1960–2012 annual time-series data for modelling, we apply the
Autoregressive Distributed Lag Cointegration (ARDL) approach, to identify some major …
Autoregressive Distributed Lag Cointegration (ARDL) approach, to identify some major …
Income, insurance, and technology: why does health spending outpace economic growth?
S Smith, JP Newhouse, MS Freeland - Health affairs, 2009 - healthaffairs.org
A broad consensus holds that increased medical capability—technology—is the primary
driver of health spending growth. However, technology does not expand independently of …
driver of health spending growth. However, technology does not expand independently of …
Increased spending on health care: long-term implications for the nation
This paper updates one we published in 2003, describing the implications of continued
health care spending growth for the consumption of nonhealth goods and services. Our …
health care spending growth for the consumption of nonhealth goods and services. Our …
Health care spending growth
ME Chernew, JP Newhouse - Handbook of health economics, 2011 - Elsevier
This chapter provides a conceptual and empirical examination of health care spending
growth (as opposed to the level of health care spending). Given that an equilibrium …
growth (as opposed to the level of health care spending). Given that an equilibrium …
Health expenditure and income in the United States
This paper investigates the long‐run economic relationship between health care
expenditure and income in the US at a State level. Using a panel of 49 US States over the …
expenditure and income in the US at a State level. Using a panel of 49 US States over the …
Financial health economics
RSJ Koijen, TJ Philipson, H Uhlig - Econometrica, 2016 - Wiley Online Library
We provide a theoretical and empirical analysis of the link between financial and real health
care markets. This link is important as financial returns drive investment in medical research …
care markets. This link is important as financial returns drive investment in medical research …
Tests of stationarity and cointegration of health care expenditure and gross domestic product: an application to Turkey
This study examines the long-run relationship among the per capita private, public, and total
health care expenditure and per capita gross domestic product and population growth of …
health care expenditure and per capita gross domestic product and population growth of …
Demographics and medical care spending: standard and non-standard effects
DM Cutler, L Sheiner - 1998 - nber.org
In this paper, we examine the effects of likely demographic changes on medical spending for
the elderly. Standard forecasts highlight the potential for greater life expectancy to increase …
the elderly. Standard forecasts highlight the potential for greater life expectancy to increase …