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Provision of health care services in austria. A time series approach

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  • Ulrike Radosch

Abstract

The presented article describes the investigation of three main variables of the health care system in Austria by applying time series analysis. The quantities under consideration are the stock of physicians working in the ambulatory sector, the number of medical services provided and the related costs. The article discusses non‐stationarity and unit root tests and presents an outlook for the considered variables. One conclusion to be drawn from the presented analysis is the presence of a stochastic element in the analyzed variables.

Suggested Citation

  • Ulrike Radosch, 1995. "Provision of health care services in austria. A time series approach," Health Economics, John Wiley & Sons, Ltd., vol. 4(6), pages 479-483, November.
  • Handle: RePEc:wly:hlthec:v:4:y:1995:i:6:p:479-483
    DOI: 10.1002/hec.4730040605
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    References listed on IDEAS

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    1. Stock, James H & Watson, Mark W, 1988. "Variable Trends in Economic Time Series," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 147-174, Summer.
    2. Reinhardt, U.E., 1981. "The GMENAC forecast: An alternative view," American Journal of Public Health, American Public Health Association, vol. 71(10), pages 1149-1157.
    3. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
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