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Health and Healthcare Indicators – Panel Data Analysis for OECD Countries

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  • Ligia Viorela Vaidean
  • Marina Ferent-Pipas

Abstract

The purpose of our paper is to present the main institutional efforts taken towards improving the health status of OECD population. Supporting the better health desideratum, our study reviewed some of the previously published scientific papers that dealt with the estimation of life expectancy at birth through econometric modelling. Our collected data included health spending, out-of-pocket payments, total expenditure on pharmaceuticals and other medical non-durables, number of physicians number of nurses, total hospital beds, number of doctors’ consultations, average length of stay, pharmaceutical consumption and alcohol consumption. The step-wise estimation was carried out using the Ordinary Least squares technique, and a Fixed Effects Model as opposed to a Random Effects Model. The Random Effects model was chosen and the results were interpreted.

Suggested Citation

  • Ligia Viorela Vaidean & Marina Ferent-Pipas, 2014. "Health and Healthcare Indicators – Panel Data Analysis for OECD Countries," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(8), pages 76-90, August.
  • Handle: RePEc:hur:ijarbs:v:4:y:2014:i:8:p:76-90
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    Citations

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    Cited by:

    1. Luh, Yir-Hueih & Jiang, Wun-Ji & Huang, Szu-Chi, 2016. "Trade-related spillovers and industrial competitiveness: Exploring the linkages for OECD countries," Economic Modelling, Elsevier, vol. 54(C), pages 309-325.
    2. Kyriakos Souliotis & Christina Golna & Yannis Tountas & Olga Siskou & Daphne Kaitelidou & Lycourgos Liaropoulos, 2016. "Informal payments in the Greek health sector amid the financial crisis: old habits die last..," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 17(2), pages 159-170, March.

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