Convergence of per capita health care expenditures in OECD Countries
AbstractIn this article it is investigated the convergence of health care expenditures per capita in OECD during the 1970–2005 period by applying Lima and Resende (2007) persistence methodology. Departures across countries were evaluated in terms of panel data unit root tests advanced by Im et al. (2003). The evidence illustrated that one cannot reject the null hypothesis of unit root for the (log) of the ratio of health care expenditures of each country relative to a reference unit except average of per capita health expenditures The results, therefore, favour a very strong form of persistence for OECD expenditures inequality.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 10592.
Date of creation: 2008
Date of revision:
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- H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
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