Arbeitspapier
Understanding cross-country differences in health status and expenditures
Using a general equilibrium heterogeneous agent model featuring health production, we quantify the relative contribution of price distortions in the health market, TFP and other health risks in explaining cross-country differences in health expenditure (as a share of GDP) and health status. Estimated parameters reveal a substantial price wedge that explains at most 20% of the difference in health spending (as a share of GDP) and 30% of the difference in health status between Europe and the U.S. We estimate a one percentage point negative impact on the life-time cost-of-living of Americans from higher prices due to inefficiencies.
- Sprache
-
Englisch
- Erschienen in
-
Series: Document de travail ; No. 2020-06
- Klassifikation
-
Wirtschaft
Model Construction and Estimation
Allocative Efficiency; Cost-Benefit Analysis
Macroeconomics: Consumption; Saving; Wealth
Health: General
Measurement and Analysis of Poverty
- Thema
-
Health production
health status
heterogeneous agent model
price indices
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fonseca, Raquel
Langot, François
Michaud, Pierre-Carl
Sopraseuth, Thepthida
- Ereignis
-
Veröffentlichung
- (wer)
-
Université du Québec à Montréal, École des sciences de la gestion (ESG UQAM), Département des sciences économiques
- (wo)
-
Montréal
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fonseca, Raquel
- Langot, François
- Michaud, Pierre-Carl
- Sopraseuth, Thepthida
- Université du Québec à Montréal, École des sciences de la gestion (ESG UQAM), Département des sciences économiques
Entstanden
- 2020
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