A comparison of the USA health care effort with other OECD countries Joan Gil, Eduard Gracia
By: Gil Trasfi, Joan
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Contributor(s): Gracia, Eduard.
Material type: 
ArticlePublisher: 2002Subject(s): ESTADOS UNIDOS | GASTOS SANITARIOS | ORGANIZACION DE COOPERACION Y DESARROLLO ECONOMICO | ASISTENCIA SANITARIA | PRECIOSOnline resources: Click here to access online
In:
Hacienda Pública Española n.161, p. 31-48Summary: We use a sample of OECD countries in order to better understand why the US health care expenditure as a percentage of its Gross Domestic Product ("health care effort") is so far above any other. To this end we employ a descriptive cross-country methodology based partially on econometric estimations, synthetic indicators and the Lerner's formula of market power, that allows us to dismiss as explanatory variables all those factors that were not differential acrossthe sample. We advance the exploratoty hypothesis that the availability of a universal public health coverage would increase the price elasticity of demand andthus would reduce the control of prices by the suppliers.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| IEF | HPE/2002/161-2 (Browse shelf) | Available | HPE/2002/161-2 |
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Resúmen,Conclusiones,Bibliografía
We use a sample of OECD countries in order to better understand why the US health care expenditure as a percentage of its Gross Domestic Product ("health care effort") is so far above any other. To this end we employ a descriptive cross-country methodology based partially on econometric estimations, synthetic indicators and the Lerner's formula of market power, that allows us to dismiss as explanatory variables all those factors that were not differential acrossthe sample. We advance the exploratoty hypothesis that the availability of a universal public health coverage would increase the price elasticity of demand andthus would reduce the control of prices by the suppliers.
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