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Dynamics In Health Care Expenditures For Emerging And Developed Countries, Edmundo Roman Reyes

Wayne State University Dissertations

This paper analyzes the dynamics on health care expenditures and health outcomes for emerging and developed countries. The first part of the study focus on the short-run dynamics in health care expenditures for six emerging and a selected group of six developed economies of the OECD group. An error correction model is utilized for the analysis. Results for the presence of a long term relation are consistent within the sample. In addition, direct convergence is found to be consistent as well. The speed of adjustment is larger for emerging economies than for developed economies, which indicates that developed economies would …