On the relationship between healthcare expenditure and longevity: evidence from the continuous wavelet analyses

被引:6
作者
Chen, Wen-Yi [1 ]
Wen, Miin-Jye [2 ]
Lin, Yu-Hui [3 ]
Liang, Yia-Wun [1 ]
机构
[1] Natl Taichung Univ Sci & Technol, Dept Senior Serv & Management, 193,Sec 1,Sanmin Rd, Taichung 40343, Taiwan
[2] Natl Cheng Kung Univ, Dept Stat, 1 Univ Rd, Tainan 70101, Taiwan
[3] Nan Kai Univ Technol, Dept Business Adm, 568 Zhongzheng Rd, Nantou 54243, Taiwan
关键词
Longevity; Healthcare expenditure; Continuous wavelet analysis; Time domain; Frequency domain; ECONOMIC RELATIONSHIPS; TIME; POPULATION; DECOMPOSITION; DETERMINANTS; CAUSALITY; LIFE;
D O I
10.1007/s11135-015-0189-x
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
This study applies the continuous wavelet analyses to identify four possible perspectives on the causality between healthcare expenditure and longevity: health as a determinant of healthcare expenditure (longevity leads), healthcare expenditure as a determinant of health (healthcare expenditure leads), feedback (bidirectional relation) and neutrality (no correlation). Our results show that none of these four perspectives regarding the causality of healthcare expenditure and longevity prevail over the period of 1963-2010 in the US. Healthcare expenditure is likely to serve as a predictor to predict the volatility of longevity in the short, medium, and long run, while longevity is likely to serve as a predictor to predict the volatility of healthcare expenditure only in the medium run.
引用
收藏
页码:1041 / 1057
页数:17
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