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Article
The determinants of health care expenditure in Australia
APPLIED ECONOMICS LETTERS (2010)
  • James B Ang, Nanyang Technological University
Abstract
The objective of this article is to examine the long-run relationship and short-run dynamics of the health care expenditure in Australia during the period 1960-2003. Consistent with the conventional findings, the income elasticity for health care is found to be greater than one, suggesting that health care is a luxury good in Australia. Demographic structure is found to exert a significant positive impact on health care expenditure. An increase in the accessibility to health care services is associated with higher per capita real health care expenditure. Finally, public funding of health care appears to have a contributory effect on the formation of health care expenditure in Australia.
Disciplines
Publication Date
2010
Citation Information
James B Ang. "The determinants of health care expenditure in Australia" APPLIED ECONOMICS LETTERS (2010)
Available at: http://works.bepress.com/james_ang/24/