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The Aftermath Of The Economic Crisis: Healthcare Systems’ Inequalities In Europe

Listed author(s):
  • Silvia PALASCA

    ()

    (Alexandru Ioan Cuza University of Iasi, Faculty of Economics and Business Administration, Doctoral School of Economics and Business Administration, Romania)

  • Sebastian ENEA

    ()

    (Romanian Academy, Iasi Branch)

Registered author(s):

    During an economic downturn the non-productive sectors (education, health, and social services) are the most exposed to sudden policy changes, as a result of austerity measures. This article aims to assess the impact of the late 2000’s crisis on some European countries’ healthcare systems in order to highlight the link between the breakdown of the economic context and the negative outcomes on a social level. In this regard, a panel data analysis was employed, focusing on out-of-pocket health expenses as an estimation of a nation’s wellbeing and healthcare development level. The cross-time results indicated a clear collapse of all national healthcare systems in 2009 while the cross-section effects implied that the twenty three countries could be divided in three groups according to their healthcare policy, especially regarding health insurance. Thus, countries should pay more attention to the private insurances component of the healthcare systems as the others are defenseless against business cycle fluctuations.

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    File URL: http://ceswp.uaic.ro/articles/CESWP2014_VI4_PAL.pdf
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    Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal CES Working Papers.

    Volume (Year): 6(4) (2014)
    Issue (Month): 4 (December)
    Pages: 75-91

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    Handle: RePEc:jes:wpaper:y:2014:v:6:i:4:p:75-91
    Contact details of provider: Web page: http://cse.uaic.ro

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    1. Mikael Svensson, 2010. "Economic upturns are good for your heart but watch out for accidents: a study on Swedish regional data 1976-2005," Applied Economics, Taylor & Francis Journals, vol. 42(5), pages 615-625.
    2. O'Donnell, Owen & van Doorslaer, Eddy & Rannan-Eliya, Ravi P. & Somanathan, Aparnaa & Adhikari, Shiva Raj & Akkazieva, Baktygul & Harbianto, Deni & Garg, Charu C. & Hanvoravongchai, Piya & Herrin, Ale, 2008. "Who pays for health care in Asia?," Journal of Health Economics, Elsevier, vol. 27(2), pages 460-475, March.
    3. de Belvis, Antonio Giulio & Ferrè, Francesca & Specchia, Maria Lucia & Valerio, Luca & Fattore, Giovanni & Ricciardi, Walter, 2012. "The financial crisis in Italy: Implications for the healthcare sector," Health Policy, Elsevier, vol. 106(1), pages 10-16.
    4. Pietro Folino-Gallo & Simona Montilla & Mario Bruzzone & Nello Martini, 2008. "Pricing and reimbursement of pharmaceuticals in Italy," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 9(3), pages 305-310, August.
    5. Cavagnero, Eleonora & Bilger, Marcel, 2010. "Equity during an economic crisis: Financing of the Argentine health system," Journal of Health Economics, Elsevier, vol. 29(4), pages 479-488, July.
    6. Cutler, David M. & Knaul, Felicia & Lozano, Rafael & Mendez, Oscar & Zurita, Beatriz, 2002. "Financial crisis, health outcomes and ageing: Mexico in the 1980s and 1990s," Journal of Public Economics, Elsevier, vol. 84(2), pages 279-303, May.
    7. Belli, Paolo & Gotsadze, George & Shahriari, Helen, 2004. "Out-of-pocket and informal payments in health sector: evidence from Georgia," Health Policy, Elsevier, vol. 70(1), pages 109-123, October.
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