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Empirical analysis of out-of-pocket expenditures on medicine in Russia

Author

Listed:
  • Zasimova, Liudmila

    (National Research University Higher School of Economics, Moscow, Russian Federation)

  • Kossova, Elena

    (National Research University Higher School of Economics, Moscow, Russian Federation)

Abstract

The paper uses econometric tools (two-part model, Tobit model, Heckman model) to evaluate factors associated with consumer choice on the Russian pharmaceutical market. Using data from national public opinion survey conducted in 2014 by Levada Center we show that gender, health, retirement and single mother’s status are strongly associated with high expenditures on medicine. Incomes are positively associated with probability of spending on medicine, but marginal effect of incomes is small.

Suggested Citation

  • Zasimova, Liudmila & Kossova, Elena, 2016. "Empirical analysis of out-of-pocket expenditures on medicine in Russia," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 42, pages 75-99.
  • Handle: RePEc:ris:apltrx:0292
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    References listed on IDEAS

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    Cited by:

    1. Gerry, Christopher J. & Kaneva, Maria & Zasimova, Liudmila, 2017. "Reforming voluntary drug insurance in Russian healthcare: does social solidarity matter?," Health Policy, Elsevier, vol. 121(11), pages 1177-1185.

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    More about this item

    Keywords

    pharmaceutical market; medicine; drug expenditures; chronic conditions; retirement; single mothers.;
    All these keywords.

    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality

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