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Aging, Health and Aggregate Medical Care Spending in France

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Author Info
Michel Grignon

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Abstract

I investigate the role of education on health, using country level data and the production frontier framework suggested by the World Health Organization to assess performances of health care systems. I find that the role of human capital is much smaller than what appears in the WHO frontier model, and the relationship exhibits diminishing return in the observed range. Taking into account the non-linearity in this relationship generates a different ranking of countries according to the efficiency of their health care system. This suggests that the method currently used by the WHO indeed favours health care systems operating in countries which underinvested in education in the past. The relationship between education and health changes around an average value of 8 years of education per individual: above that level, the return of years of education in health is zero.

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File URL: http://socserv.mcmaster.ca/econ/rsrch/papers/archive/2005-06.pdf
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Publisher Info
Paper provided by McMaster University in its series Department of Economics Working Papers with number 2005-06.

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Length: 48 pages
Date of creation: Aug 2005
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Handle: RePEc:mcm:deptwp:2005-06

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Related research
Keywords: Human capital; Rate of return; Economic impact; Efficiency;

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Find related papers by JEL classification:
I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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  1. Brigitte Dormont & Hélène Huber, 2006. "Ageing and changes in medical practices : reassessing theinfluence of demography," Post-Print halshs-00274723_v1, HAL. [Downloadable!]
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