Abstract
This research note, upon rectifying some inadvertently transposed entries in the observation matrix which was used in the authors original article (Murthy and Ukpolo, 1994), using the maximum likelihood technique investigates whether in the United States during the period 1960-87, real per capita health care expenditure is related to real per capita income, the age structure of the population, number of practicing physicians, the relative price of health care and the ratio of public health care expenditure to total health care expenditure. While new results reveal the presence of two cointegrating vectors, the basic findings are consistent with the empirical evidence reported in the original paper.
| Original language | English |
|---|---|
| Pages (from-to) | 419-421 |
| Number of pages | 3 |
| Journal | Applied Economics Letters |
| Volume | 2 |
| Issue number | 11 |
| DOIs | |
| State | Published - Nov 1 1995 |
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All Science Journal Classification (ASJC) codes
- Economics and Econometrics
Cite this
Aggregate health care expenditure in the United States : New results. / Murthy, Vasudeva N. R.; Ukpolo, Victor.
In: Applied Economics Letters, Vol. 2, No. 11, 01.11.1995, p. 419-421.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Aggregate health care expenditure in the United States
T2 - New results
AU - Murthy, Vasudeva N. R.
AU - Ukpolo, Victor
PY - 1995/11/1
Y1 - 1995/11/1
N2 - This research note, upon rectifying some inadvertently transposed entries in the observation matrix which was used in the authors original article (Murthy and Ukpolo, 1994), using the maximum likelihood technique investigates whether in the United States during the period 1960-87, real per capita health care expenditure is related to real per capita income, the age structure of the population, number of practicing physicians, the relative price of health care and the ratio of public health care expenditure to total health care expenditure. While new results reveal the presence of two cointegrating vectors, the basic findings are consistent with the empirical evidence reported in the original paper.
AB - This research note, upon rectifying some inadvertently transposed entries in the observation matrix which was used in the authors original article (Murthy and Ukpolo, 1994), using the maximum likelihood technique investigates whether in the United States during the period 1960-87, real per capita health care expenditure is related to real per capita income, the age structure of the population, number of practicing physicians, the relative price of health care and the ratio of public health care expenditure to total health care expenditure. While new results reveal the presence of two cointegrating vectors, the basic findings are consistent with the empirical evidence reported in the original paper.
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UR - http://www.scopus.com/inward/citedby.url?scp=39449106877&partnerID=8YFLogxK
U2 - 10.1080/135048595356970
DO - 10.1080/135048595356970
M3 - Article
VL - 2
SP - 419
EP - 421
JO - Applied Economics Letters
JF - Applied Economics Letters
SN - 1350-4851
IS - 11
ER -