Ulf Gerdtham
Professor
Conversion factor instability in international comparisons of health care expenditure
Author
Summary, in English
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.
Publishing year
1991-01-01
Language
English
Pages
227-234
Publication/Series
Journal of Health Economics
Volume
10
Issue
2
Document type
Journal article
Publisher
Elsevier
Topic
- Economics
Status
Published
ISBN/ISSN/Other
- ISSN: 0167-6296