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Conversion factor instability in international comparisons of health care expenditure

Gerdtham, Ulf G. LU and Jönsson, Bengt (1991) In Journal of Health Economics 10(2). p.227-234
Abstract

Parkin, McGuire and Yule (1987) (hereafter PMY) report that a regression of per capita health care expenditure on per capita income using different conversion factors (exchange rates, GDP PPPs, health PPPs) gave rise to different results. In this note we apply updated data to the same empirical relationship. In contrast to PMY, we find no noticeable conversion factor instability in that relationship either with respect to the health care income elasticity or with the magnitude of multiple correlation coefficient.

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author
publishing date
type
Contribution to journal
publication status
published
subject
in
Journal of Health Economics
volume
10
issue
2
pages
8 pages
publisher
Elsevier
external identifiers
  • scopus:0025777136
ISSN
0167-6296
DOI
10.1016/0167-6296(91)90005-8
language
English
LU publication?
no
id
ba258b13-d9e1-40b7-9b8c-e4fce1cd7a4c
date added to LUP
2018-10-09 12:46:40
date last changed
2018-11-18 05:08:25
@article{ba258b13-d9e1-40b7-9b8c-e4fce1cd7a4c,
  abstract     = {<p>Parkin, McGuire and Yule (1987) (hereafter PMY) report that a regression of per capita health care expenditure on per capita income using different conversion factors (exchange rates, GDP PPPs, health PPPs) gave rise to different results. In this note we apply updated data to the same empirical relationship. In contrast to PMY, we find no noticeable conversion factor instability in that relationship either with respect to the health care income elasticity or with the magnitude of multiple correlation coefficient.</p>},
  author       = {Gerdtham, Ulf G. and Jönsson, Bengt},
  issn         = {0167-6296},
  language     = {eng},
  month        = {01},
  number       = {2},
  pages        = {227--234},
  publisher    = {Elsevier},
  series       = {Journal of Health Economics},
  title        = {Conversion factor instability in international comparisons of health care expenditure},
  url          = {http://dx.doi.org/10.1016/0167-6296(91)90005-8},
  volume       = {10},
  year         = {1991},
}