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International Comparisons in Health Economics: Evidence from Aging Studies

Author

Listed:
  • James Banks

    () (Institute for Fiscal Studies, WC1E 7AE London, United Kingdom
    School of Social Sciences, University of Manchester, M13 9PL Manchester, United Kingdom)

  • James P. Smith

    () (RAND Corporation, Santa Monica, California 90407)

Abstract

We provide an overview of the growing literature that uses microlevel data from multiple countries to investigate health outcomes, and their link to socioeconomic factors, at older ages. Because the data are at a comparatively young stage, much of the analysis is at an early stage and limited to a handful of countries, with analysis for the United States and England being the most common. What is immediately apparent as we get better measures is that, between countries, health differences amongst those at older ages are real and large. Countries are ranked differently according to whether one considers life expectancy, prevalence, or the incidence of a specific condition. Moreover, the magnitude of international disparities may vary according to whether measures utilize doctor-diagnosed conditions or biomarker-based indicators of disease and poor health. But one key finding emerges—the United States ranks poorly on all indicators, with the exception of self-reported subjective health status.

Suggested Citation

  • James Banks & James P. Smith, 2012. "International Comparisons in Health Economics: Evidence from Aging Studies," Annual Review of Economics, Annual Reviews, vol. 4(1), pages 57-81, July.
  • Handle: RePEc:anr:reveco:v:4:y:2012:p:57-81
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-080511-110944
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    Cited by:

    1. McGovern, Mark E., 2014. "Comparing the relationship between stature and later life health in six low and middle income countries," The Journal of the Economics of Ageing, Elsevier, vol. 4(C), pages 128-148.
    2. J. Gimenez-Nadal & Jose Molina, 2016. "Health inequality and the uses of time for workers in Europe: policy implications," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-18, December.
    3. repec:bla:revinw:v:63:y:2017:i:4:p:760-776 is not listed on IDEAS
    4. repec:eee:hapoch:v1_993 is not listed on IDEAS

    More about this item

    Keywords

    international data; policy; health outcomes; international;

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • F00 - International Economics - - General - - - General

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