Life expectancy effects of public and private health expenditures in OECD countries 1970–2012: Panel time series approach

Lindén, Mikael; Ray, D. K.

doi:10.1016/j.eap.2017.06.005

Cited by 90 publications

(77 citation statements)

References 32 publications

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“…In general, an increase in HEX will improve life expectancy and quality of life, thereby increasing the number of healthier workers. This should result in more economic output and hence growth . Increased HEX can provide people with higher quality medical services, which can effectively improve life expectancy at birth.…”

Section: Introductionmentioning

confidence: 99%

“…Using the autoregressive distributed lag model to analyse the main drivers of per capita HEX in the United States from 1960 to 2012, Murthy and Okunade found that per capita income, the number of people over 65 years of age and the level of health care technology had a positive impact on per capita HEX. In an analysis of the relationship between life expectancy at birth and public and private HEX in 34 OECD countries, Linden and Ray found a positive relationship between public HEX and life expectancy at birth. Their study also showed that private HEX was very important for life expectancy at birth.…”

Section: Introductionmentioning

confidence: 99%

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Demographic transition and economic growth: Evidence from China and United States

Zhang

Geng

2019

Health Planning & Management

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In the context of todays ageing population, this paper uses the connectedness network model proposed by Diebold and Yilmaz in 2014 to analyse the directionality and degree of interaction between the population ageing index, life expectancy, per capita gross domestic product, and per capita health expenditure from a systematic perspective for China; then, these results from China are compared with the United States. A number of new findings can be identified, as follows: (1) for China and the United States, economic growth may promote the growth of health expenditure and increased life expectancy may cause an increase in the ageing population; (2) China's population age structure has already led to some constraints on economic growth, whereas the United StatesUS's population age structure has had a weak impact on its economic growth; and (3) the ageing population structure for China has a net impact on per capita health expenditure, whereas no such net directional impact was found in the United States. These findings support the idea that policy synergies should be strengthened in the economic, social, and health fields in order to promote both the quality of life of the ageing population and the sustainable development of the economy. K E Y W O R D S connectedness network, health expenditure, life expectancy, per capita GDP, population ageing

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Demographic transition and economic growth: Evidence from China and United States

Zhang

Geng

2019

Health Planning & Management

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“…Residents gradually reduced private health expenditures and asked the public sector to share health costs. Empirical analysis given by [30] showed the relationships among life expectancy and public and private health expenditures, where there is a positive correlation between public health expenditure and life expectancy and there is an important impact of private expenditure on life expectancy. The work [31] investigated the impact of the Greek economic recession on the health of newborns and finds that birth weight and time of pregnancy are usually procyclical, while the risks of low birth weight and of preterm birth are countercyclical.…”

Section: Literature Reviewmentioning

confidence: 99%

Will the Economic Recession Inhibit the Out-of-Pocket Payment Willingness for Health Care?

Zheng

Huang

Jiang

2020

IJERPH

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We used an individual regression and panel data regression method to analyze the samples of 60 countries from 2000 to 2016 to study the impact of the economic recession on residents’ out-of-pocket payment willingness for health care. Although we found an increase in the willingness during the economic recession in most countries, we couldn’t find significant evidence of a positive relationship between the economic recession and such willingness. We discovered that the relationship differentiates in different countries, which mainly depends on the differences in the medical systems and degree of economic development. By controlling individual differences in countries, we found that the economic recession inhibited the out-of-pocket payment willingness for health care. Especially after the impact of the financial crisis in 2008, the cumulative effect of the economic recession and the aftershock of financial crisis was discovered, which significantly inhibited residents’ willingness. In addition, we verified that the economic recession inhibited the out-of-pocket payment willingness by reducing employee compensation in specific types of countries.

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“…It means that when not depressed or they are happy, their life expectancy tends to increase. Linden and Ray [10] found that private and public health expenditures had similar positive effects on life expectancy. Guedes et al [9] stated that cancer patients increase their life expectancy as they achieve happiness and mental health.…”

Section: Introductionmentioning

confidence: 95%

Reverse Mortgages Payment Based on Type of House in Kuala Lumpur: Comparing HECM and MPRM

Ramli¹,

Redzwan²,

Hatta³

et al. 2018

IJET

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A reverse mortgages is a type of home loan for homeowners to receive an amount of money against the value of the house in the form of fixed monthly payments or a line of credit. It enables the elderly homeowners to access their home equity and hold up payment into cash of loan until a certain condition apply whereby the loan amount will not exceed the home value over the life of the loan. Thi s study aims to compare reverse mortgages payment between the Home Equity Conversion Mortgages (HECM) model by United State and Malaysian Proposed Reverse Mortgages (MPRM) loan structure on every type of house in Kuala Lumpur. Both loan structures have slight difference in the loan amount. From gender perspectives, it shows that male received higher amount of payment received compared to female. This situation happens because the difference in the life expectancy where one of the elements of reverse mortgages payment, whereby female are longer live than male due to mortality perils. Thus, between two models, the model that gives more payment towards Malaysia elderly is HECM rather than MPRM.

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Life expectancy effects of public and private health expenditures in OECD countries 1970–2012: Panel time series approach

Cited by 90 publications

References 32 publications

Demographic transition and economic growth: Evidence from China and United States

Demographic transition and economic growth: Evidence from China and United States

Will the Economic Recession Inhibit the Out-of-Pocket Payment Willingness for Health Care?

Reverse Mortgages Payment Based on Type of House in Kuala Lumpur: Comparing HECM and MPRM

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