Is it Possible to Buy Longevity: the Relationship between Health-Care Expenditures and Life Expectancy
https://doi.org/10.38050/2078-3809-2018-10-2-99-117
Abstract
The task of this article is to assess the effect of the health-care expenditures per capita on the life expectancy (LE). This paper hypothesizes that health-care expenditures lead to an increase in the life expectancy and that they affect LE in different ways depending on sex and age. For hypotheses testing the panel 6-year-data for 183 countries are used. Based on these data the authors build econometrical model, considering LE as a dependent variable. Other factors influencing LE are included as control variables, all independent variables are with taken with a 10-year lag. The hypotheses are partially confirmed. All other things being equal, health-care expenditures actually lead to an increase in the LE, but only for developing countries. The second hypothesis is also not fully confirmed: LE at old age is more quantitatively dependent on health-care expenditures then LE at birth is, however strong differences for men and women were not revealed.
About the Authors
Polina Karelina
Lomonosov Moscow State University
Russian Federation
Russian Federation
Bachelor student, Faculty of Economics
Moscow
Ekaterina Ivanova
Lomonosov Moscow State University
Russian Federation
Russian Federation
Bachelor student, Faculty of Economics
Moscow
Ekaterina Cherkasova
Lomonosov Moscow State University
Russian Federation
Russian Federation
Bachelor student, Faculty of Economics
Moscow
References
1. Авксентьев Н.А., Байдин В.М., Зарубина О.А. и др. Оценка эффективности региональных расходов на здравоохранение в России // Фармакоэкономика. Современная фармакоэкономика и фармакоэпидемиология. 2015. Т. 8. № 4. С. 10–20.
2. Хафизьянова Р.Х., Бурыкин И.М., Алеева Г.Н. Сравнительная оценка эффективности систем здравоохранения различных стран // Вестник Санкт-Петербургского Университета. Серия 11. Медицина. 2013. № 2. С. 214–221.
3. Barthold D., Nandi A., Mendoza Rodriguez J.M., Heymann J. Analyzing Whether Countries Are Equally Efficient at Improving Longevity // American Journal of Public Health. 2014. Vol. 104(11). P. 2163–2169.
4. Blazquez-Fernández C., Cantarero-Prieto D., Pascual-Saez M. Health expenditure and socioeconomic determinants of life expectancy in the OECD Asia/Pacific area countries // Applied Economics Letters. 2017. Vol. 24. No. 3. P. 167–169.
5. Caliskan Z. The relationship between pharmaceutical expenditure and life expectancy: evidence from 21 OECD countries // Applied Economics Letters. 2009. Vol. 16. P. 1651–1655.
6. Shaw J.W., Horrace W.C., Vogel R.J. The Determinants of Life Expectancy: An Analysis of the OECD Health Data // Southern Economic Journal. 2005. Vol. 71(4). P. 768–783.
7. Van den Heuvel W.J., Olaroiu M. How important are health care expenditures for life expectancy? A comparative, European analysis // J Am Med Dir Assoc. 2017. Vol. 18(3). P. 276. e9 – 276. e12.
8. Wolfe, Barbara L. Health status and medical expenditures: Is there a link? // Social Science & Medicine. 1986. Vol. 22(10). P. 993–999.
9. World Health Organization: Global Health Observatory data repository (http://apps.who.int/gho/data/node.home)
10. World Bank Open Data (https://data.worldbank.org/)
11. UNDP Human Development Data (http://hdr.undp.org/en/data)
12. World Population Prospects 2017 (https://population.un.org/wpp/DataQuery/)
Review
For citations:
Karelina P., Ivanova E., Cherkasova E. Is it Possible to Buy Longevity: the Relationship between Health-Care Expenditures and Life Expectancy. Scientific Research of Faculty of Economics. Electronic Journal. 2018;10(2):99-117. (In Russ.) https://doi.org/10.38050/2078-3809-2018-10-2-99-117
Views:
334
Email this article 