This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Unit root properties of OECD health care expenditure and GDP data Author info | Abstract | Publisher info | Download info | Related research | Statistics Garry MacDonald (Department of Economics, Curtin University of Technology, Perth, Western Australia, Australia)
Sandra Hopkins (Department of Economics, Curtin University of Technology, Perth, Western Australia, Australia)
Additional information is available for the following
registered author(s):
This note reconsiders the unit root properties of health care expenditure (HCE) and gross domestic product (GDP) for OECD countries. The time-series properties of this data set has been much discussed in the literature with contrasting results from the application of a range of test procedures. We use a recently developed test to examine the relationship between the two variables. The results in this paper confirm earlier findings that when the data are considered as a panel, there is strong evidence of unit roots in both GDP and HCE data. Copyright © 2001 John Wiley & Sons, Ltd.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Article provided by John Wiley & Sons, Ltd. in its journal Health Economics .
Volume (Year): 11 (2002)
Issue (Month): 4 ()
Pages: 371-376
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:wly:hlthec:v:11:y:2002:i:4:p:371-376Contact details of provider: Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/5749
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Cheung, Yin-Wong & Lai, Kon S, 1995.
"Lag Order and Critical Values of the Augmented Dickey-Fuller Test ,"
Journal of Business & Economic Statistics ,
American Statistical Association, vol. 13(3), pages 277-80, July.
McCoskey, Suzanne K. & Selden, Thomas M., 1998.
"Health care expenditures and GDP: panel data unit root test results ,"
Journal of Health Economics ,
Elsevier, vol. 17(3), pages 369-376, June.
[Downloadable!] (restricted)
Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992.
"Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root? ,"
Journal of Econometrics ,
Elsevier, vol. 54(1-3), pages 159-178.
[Downloadable!] (restricted)
Other versions:
Denis Kwiatkowski & Peter C.B. Phillips & Peter Schmidt, 1991.
"Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root? ,"
Cowles Foundation Discussion Papers
979, Cowles Foundation, Yale University.
[Downloadable!] Kwiatkowski, D. & Phillips, P.C.B. & Schmidt, P., 1990.
"Testing the Null Hypothesis of Stationarity Against the Alternative of Unit Root : How Sure are we that Economic Time Series have a Unit Root? ,"
Papers
8905, Michigan State - Econometrics and Economic Theory.
Gerdtham, Ulf-G. & Lothgren, Mickael, 2000.
"On stationarity and cointegration of international health expenditure and GDP ,"
Journal of Health Economics ,
Elsevier, vol. 19(4), pages 461-475, July.
[Downloadable!] (restricted)
Gerdtham, Ulf-G. & Sogaard, Jes & Andersson, Fredrik & Jonsson, Bengt, 1992.
"An econometric analysis of health care expenditure: A cross-section study of the OECD countries ,"
Journal of Health Economics ,
Elsevier, vol. 11(1), pages 63-84, May.
[Downloadable!] (restricted)
Maddala, G S & Wu, Shaowen, 1999.
" A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test ,"
Oxford Bulletin of Economics and Statistics ,
Department of Economics, University of Oxford, vol. 61(0), pages 631-52, Special I.
[Downloadable!] (restricted)
Hansen, Paul & King, Alan, 1996.
"The determinants of health care expenditure: A cointegration approach ,"
Journal of Health Economics ,
Elsevier, vol. 15(1), pages 127-137, February.
[Downloadable!] (restricted)
Blomqvist, A. G. & Carter, R. A. L., 1997.
"Is health care really a luxury? ,"
Journal of Health Economics ,
Elsevier, vol. 16(2), pages 207-229, April.
[Downloadable!] (restricted)
Other versions:
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Andrea M. Leiter & Engelbert Theurl, 2009.
"The Convergence of Health Care Financing Structures: Empirical Evidence from OECD-Countries ,"
Working Papers
2009-20, Faculty of Economics and Statistics, University of Innsbruck.
[Downloadable!]
Anurag Sharma & Preety Ramful, 2008.
"Does disaggregation affect the relationship between health care expenditure and GDP? An analysis using regime shifts ,"
Centre for Health Economics Research Papers
27/08, Monash University, Centre for Health Economics.
[Downloadable!]
Richard Miller & Ted Frech, 2002.
"The Productivity of Health Care and Pharmaceuticals: Quality of Life, Cause ,"
University of California at Santa Barbara, Economics Working Paper Series
12-02, Department of Economics, UC Santa Barbara.
[Downloadable!]
Paresh Kumar Narayan & Seema Narayan, 2008.
"The role of permanent and transitory shocks in explaining international health expenditures ,"
Health Economics ,
John Wiley & Sons, Ltd., vol. 17(10), pages 1171-1186.
[Downloadable!]
Santerre, Rexford E, 2009.
"The new drug offset effect: some national and international evidence ,"
MPRA Paper
13628, University Library of Munich, Germany.
[Downloadable!]
Zijun Wang & Andrew J. Rettenmaier, 2007.
"A note on cointegration of health expenditures and income ,"
Health Economics ,
John Wiley & Sons, Ltd., vol. 16(6), pages 559-578.
[Downloadable!]
Andrea Leiter & Engelbert Theurl, 2009.
"The Convergence of Health Care Financing Structures: Empirical Evidence from OECD-Countries ,"
NRN working papers
2009-12, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
[Downloadable!]
Mohan, Ramesh & Mirmirani, Sam, 2007.
"An Assessment of OECD Health Care System Using Panel Data Analysis ,"
MPRA Paper
6122, University Library of Munich, Germany.
[Downloadable!]
Access and
download statistics Did you know? Citation analysis on IDEAS includes online papers that are freely accessible and whose text could be automatically analyzed, currently about 210000 papers.
This page was last updated on 2009-11-16.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .