Ageing of population and health care expenditure: A red herring?
Research output: Journal contributions › Scientific review articles › Research
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In: Health Economics, Vol. 8, No. 6, 01.09.1999, p. 485-496.
Research output: Journal contributions › Scientific review articles › Research
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TY - JOUR
T1 - Ageing of population and health care expenditure
T2 - A red herring?
AU - Zweifel, Peter
AU - Felder, Stefan
AU - Meiers, Markus
N1 - Swiss National Science Foundation. Grant Number: 4032‐035660
PY - 1999/9/1
Y1 - 1999/9/1
N2 - This paper studies the relationship between health care expenditure (HCE) and age, using longitudinal rather than cross-sectional data. The econometric analysis of HCE in the last eight quarters of life of individuals who died during the period 1983-1992 indicates that HCE depends on remaining lifetime but not on calendar age, at least beyond 65+. The positive relationship between age and HCE observed in cross-sectional data may be caused by the simple fact that at age 80, for example, there are many more individuals living in their last 2 years than at age 65. The limited impact of age on HCE suggests that population ageing may contribute much less to future growth of the health care sector than claimed by most observers.
AB - This paper studies the relationship between health care expenditure (HCE) and age, using longitudinal rather than cross-sectional data. The econometric analysis of HCE in the last eight quarters of life of individuals who died during the period 1983-1992 indicates that HCE depends on remaining lifetime but not on calendar age, at least beyond 65+. The positive relationship between age and HCE observed in cross-sectional data may be caused by the simple fact that at age 80, for example, there are many more individuals living in their last 2 years than at age 65. The limited impact of age on HCE suggests that population ageing may contribute much less to future growth of the health care sector than claimed by most observers.
KW - Health sciences
KW - population ageing
KW - cost of dying
KW - aggregate health care expenditure
UR - http://www.scopus.com/inward/record.url?scp=0032826957&partnerID=8YFLogxK
U2 - 10.1002/(SICI)1099-1050(199909)8:6<485::AID-HEC461>3.0.CO;2-4
DO - 10.1002/(SICI)1099-1050(199909)8:6<485::AID-HEC461>3.0.CO;2-4
M3 - Scientific review articles
AN - SCOPUS:0032826957
VL - 8
SP - 485
EP - 496
JO - Health Economics
JF - Health Economics
SN - 1057-9230
IS - 6
ER -