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Does Medical Insurance Improve Household Consumption in China? — A Re-analysis Based on Meta Regression Analysis

Author

Listed:
  • Chai Jian

    (International Business School, Shaanxi Normal University, Xi’an710119, China)

  • Xing Limin

    (International Business School, Shaanxi Normal University, Xi’an710119, China)

  • Yang Ying

    (International Business School, Shaanxi Normal University, Xi’an710119, China)

  • Lai Kin Keung

    (International Business School, Shaanxi Normal University, Xi’an710119, China)

Abstract

In recent years, it has been a hot pot to explore the effectiveness of basic medical insurance. However, due to different sample characteristics, time series length, models and so on used by authors, there exists big difference among relevant papers. In this paper, we try to apply meta regression analysis (MRA, a prevalent statistic literature review method) to explore its influence on family expenditure, and 90 sample observations were extracted from 49 important literatures. We find: 1) All the index construction, sample characteristic, model selection, control factors will influence the conclusions of medical insurance effectiveness; 2) The implement of basic medical insurance will increase household consumption other than the new rural cooperative systems; 3) The implement of basic health insurance has not really reduce family’s medical expense. Thus, we induce that adverse selection exists in China’s medical insurance.

Suggested Citation

  • Chai Jian & Xing Limin & Yang Ying & Lai Kin Keung, 2016. "Does Medical Insurance Improve Household Consumption in China? — A Re-analysis Based on Meta Regression Analysis," Journal of Systems Science and Information, De Gruyter, vol. 4(3), pages 235-243, June.
  • Handle: RePEc:bpj:jossai:v:4:y:2016:i:3:p:235-243:n:4
    DOI: 10.21078/JSSI-2016-235-09
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    References listed on IDEAS

    as
    1. Holger Görg & Eric Strobl, 2016. "Multinational Companies And Productivity Spillovers: A Meta-Analysis," World Scientific Book Chapters, in: MULTINATIONAL ENTERPRISES AND HOST COUNTRY DEVELOPMENT Volume 53: World Scientific Studies in International Economics, chapter 8, pages 145-161, World Scientific Publishing Co. Pte. Ltd..
    2. repec:bla:rdevec:v:14:y:2010:i:s1:p:640-655 is not listed on IDEAS
    3. Zhao, Kai, 2015. "The impact of the correlation between health expenditure and survival probability on the demand for insurance," European Economic Review, Elsevier, vol. 75(C), pages 98-111.
    4. T. D. Stanley & Stephen B. Jarrell, 2005. "Meta‐Regression Analysis: A Quantitative Method of Literature Surveys," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 299-308, July.
    5. Bai, Chong-En & Wu, Binzhen, 2014. "Health insurance and consumption: Evidence from China’s New Cooperative Medical Scheme," Journal of Comparative Economics, Elsevier, vol. 42(2), pages 450-469.
    6. Rossitza B. Wooster & David S. Diebel, 2010. "Productivity Spillovers from Foreign Direct Investment in Developing Countries: A Meta‐Regression Analysis," Review of Development Economics, Wiley Blackwell, vol. 14(3), pages 640-655, August.
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