Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2021.1948436
Quantile panel-type analysis for income inequality and healthcare expenditure
Kuan-Min Wang
Thanh-Binh Nguyen Thi
Sažetak
This study investigates the causal relationship between Income
Inequality and Healthcare Expenditure within a quantile panel-type
causality framework using yearly panel data from 2004 to 2017.
The empirical results show that within the high-growth regime of
health expenditure to income ratio, reducing the deterioration of
income inequality can make the ratio of health expenditure to
income keep increasing. Besides, within the extreme income
inequality regime, the ratio of health expenditure to income continues to increase, which can reduce the deterioration degree of
income inequality. This paper presents evidence that to improve
the continuous deterioration of income inequality; it should focus
on the continuous increase in the ratio of health expenditure to
income, not just the continuous increase in health expenditure.
Accordingly, policy-makers should be cautious about the momentum between the ratio of health expenditure to income and
income inequality when they reach the extremely quantiles.
Ključne riječi
Income inequality; health expenditure; income distribution; quantile paneltype regression model
Hrčak ID:
302025
URI
Datum izdavanja:
31.3.2023.
Posjeta: 492 *