The impacts of aging, income and urbanization on health expenditures: A panel regression analysis for OECD countries
Abstract
Objectives: The main purpose of this study is to investigate the factors affecting health expenditure levels through a panel data analysis. Methods: The study includes data from 35 OECD member countries between 2005 and 2015. We carried out panel regression analysis using STATA 13.0 econometric program. In the study, we used per capita health expenditure figures according to purchasing power parity as the dependent variable and we searched the impact of aging, urbanization and income on health expenditures with fixed effects panel regression model. Findings: The regression model indicates that aging, urbanization and income have positive effects on health expenditures per capita. For instance, a 1% increase in population ages 65+ causes an increase in health expenditures by $165 per capita. Conclusion: Although health expenditures are influenced by many factors, demographic structures and demographic changes, such as aging, urbanization and income, have a significant impact on health expenditures.
Keywords
References
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Details
Primary Language
English
Subjects
Health Care Administration
Journal Section
Research Article
Authors
Canser Boz
*
0000-0002-6136-4479
Türkiye
Nihat Taş
0000-0002-1379-0449
Türkiye
Emrah Önder
0000-0002-0554-1290
Türkiye
Publication Date
April 30, 2020
Submission Date
May 23, 2018
Acceptance Date
March 8, 2020
Published in Issue
Year 2020 Volume: 18 Number: 1
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