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An Application of Price and Quantity Indexes in the Analysis of Changes in Expenditures on Physician Services

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Author Info
Frank T. Denton
Christine H. Feaver
Byron G. Spencer

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Abstract

Price and quantity indexes are applied in the analysis of expenditure on physician services in the province of Ontario, Canada, using newly available data files for 1992 and 2004. Price indexes for such services are found to have increased less rapidly than indexes of general inflation and quantity indexes are found to account for the largest share of physician expenditure increases. The quantity indexes imply substantial gains in services per capita, especially for older adults. They imply also an increase in labour productivity for physicians that is somewhat greater than the corresponding increase for the economy at large.

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File URL: http://socserv2.socsci.mcmaster.ca/~sedap/p/sedap228.pdf
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Publisher Info
Paper provided by McMaster University in its series Social and Economic Dimensions of an Aging Population Research Papers with number 228.

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Length: 33 pages
Date of creation: Jan 2008
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Handle: RePEc:mcm:sedapp:228

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Related research
Keywords: physician services price and quantity indexes

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Find related papers by JEL classification:
C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
I12 - Health, Education, and Welfare - - Health - - - Health Production

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  1. Boris Kralj, 2001. "Physician Distribution and Physician Shortage Intensity in Ontario," Canadian Public Policy, University of Toronto Press, vol. 27(2), pages 167-178, June. [Downloadable!] (restricted)
  2. Denton, Frank T. & Gafni, Amiram & Spencer, Byron G., 2002. "Exploring the effects of population change on the costs of physician services," Journal of Health Economics, Elsevier, vol. 21(5), pages 781-803, September. [Downloadable!] (restricted)
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This page was last updated on 2008-8-18.


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