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Health care expenditure in the oecd countries: efficiency and regulation

  • Pablo Hernández de Cos

    ()

    (Banco de España)

  • Enrique Moral-Benito

    ()

    (Banco de España)

The containment of health care expenditure is one of the major challenges facing public policymakers in the developed countries. This paper provides evidence of significant differences in the cross-country level of efficiency of health care expenditure, meaning that potential cost savings for the countries considered least efficient might be very high. Further, a significant relationship is found between the various health care policies and institutions in the OECD countries and the efficiency levels of health care systems. The findings are, however, highly sensitive to the efficiency-estimation methodology used.

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File URL: http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/11/Fich/do1107e.pdf
File Function: First version, December 2011
Download Restriction: no

Paper provided by Banco de Espa�a in its series Banco de Espa�a Occasional Papers with number 1107.

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Length: 38 pages
Date of creation: Dec 2011
Date of revision:
Publication status: Published also in Spanish, with the same number.
Handle: RePEc:bde:opaper:1107
Contact details of provider: Web page: http://www.bde.es/
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  8. Peter Zweifel & Stefan Felder & Markus Meiers, 1999. "Ageing of population and health care expenditure: a red herring?," Health Economics, John Wiley & Sons, Ltd., vol. 8(6), pages 485-496.
  9. Alan M. Garber & Jonathan Skinner, 2008. "Is American Health Care Uniquely Inefficient?," Journal of Economic Perspectives, American Economic Association, vol. 22(4), pages 27-50, Fall.
  10. Unto Häkkinen & Isabelle Joumard, 2007. "Cross-Country Analysis of Efficiency in OECD Health Care Sectors: Options for Research," OECD Economics Department Working Papers 554, OECD Publishing.
  11. Pedro Pita Barros, 1998. "The black box of health care expenditure growth determinants," Health Economics, John Wiley & Sons, Ltd., vol. 7(6), pages 533-544.
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