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dc.contributor.authorNghiem, Son Hong
dc.contributor.authorConnelly, Luke Brian
dc.date.accessioned2018-04-17T03:40:51Z
dc.date.available2018-04-17T03:40:51Z
dc.date.issued2017
dc.identifier.issn2191-1991
dc.identifier.doi10.1186/s13561-017-0164-4
dc.identifier.urihttp://hdl.handle.net/10072/373320
dc.description.abstractThis study examines the trend and determinants of health expenditures in OECD countries over the 1975-2004 period. Based on recent developments in the economic growth literature we propose and test the hypothesis that health care expenditures in countries of similar economic development level may converge. We hypothesise that the main drivers for growth in health care costs include: aging population, technological progress and health insurance. The results reveal no evidence that health expenditures among OECD countries converge. Nevertheless, there is evidence of convergence among three sub-groups of countries. We found that the main driver of health expenditure is technological progress. Our results also suggest that health care is a (national) necessity, not a luxury good as some other studies in this field have found.
dc.description.peerreviewedYes
dc.description.sponsorshipTownsville Hospital and Health Service
dc.description.sponsorshipGriffith University
dc.languageEnglish
dc.language.isoeng
dc.publisherSpringerOpen
dc.relation.ispartofpagefrom29-1
dc.relation.ispartofpageto29-11
dc.relation.ispartofjournalHealth Economics Review
dc.relation.ispartofvolume7
dc.subject.fieldofresearchHealth services and systems
dc.subject.fieldofresearchPublic health
dc.subject.fieldofresearchApplied economics
dc.subject.fieldofresearchHealth economics
dc.subject.fieldofresearchcode4203
dc.subject.fieldofresearchcode4206
dc.subject.fieldofresearchcode3801
dc.subject.fieldofresearchcode380108
dc.titleConvergence and determinants of health expenditures in OECD countries
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
dcterms.licensehttp://creativecommons.org/licenses/by/4.0/
dc.description.versionVersion of Record (VoR)
gro.rights.copyright© The Author(s). 2017. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
gro.hasfulltextFull Text
gro.griffith.authorNghiem, Son H.


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