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
相关论文
共 52 条
[31]   Recession Contributes To Slowest Annual Rate Of Increase In Health Spending In Five Decades [J].
Martin, Anne ;
Lassman, David ;
Whittle, Lekha ;
Catlin, Aaron .
HEALTH AFFAIRS, 2011, 30 (01) :11-22
[32]   Review of the literature on the determinants of healthcare expenditure [J].
Martin Martin, Jose J. ;
del Amo Gonzalez, M. Puerto Lopez ;
Cano Garcia, M. Dolores .
APPLIED ECONOMICS, 2011, 43 (01) :19-46
[33]  
OECD, 2012, OECD HLTH DAT TOT EX
[34]  
Patel K., 2006, Health Care Politics and Policy in America
[35]   The decomposition of economic relationships by time scale using wavelets: Expenditure and income [J].
Ramsey, JB ;
Lampart, C .
STUDIES IN NONLINEAR DYNAMICS AND ECONOMETRICS, 1998, 3 (01) :23-42
[36]   Decomposition of economic relationships by timescale using wavelets - Money and income [J].
Ramsey, JB ;
Lampart, C .
MACROECONOMIC DYNAMICS, 1998, 2 (01) :49-71
[37]   Are recessions good for your health? [J].
Ruhm, CJ .
QUARTERLY JOURNAL OF ECONOMICS, 2000, 115 (02) :617-650
[38]   The determinants of life expectancy: An analysis of the OECD health data [J].
Shaw, JW ;
Horrace, WC ;
Vogel, RJ .
SOUTHERN ECONOMIC JOURNAL, 2005, 71 (04) :768-783
[39]  
Steinmann L., 2007, FORUM HLTH EC POLICY, V10, DOI [10.2202/1558-9544.1041, DOI 10.2202/1558-9544.1041]
[40]   Mortality and economic fluctuations Evidence from wavelet analysis for Sweden 1800-2000 [J].
Svensson, Mikael ;
Kruger, Niclas A. .
JOURNAL OF POPULATION ECONOMICS, 2012, 25 (04) :1215-1235