Public–private mix of health expenditure

A political economy and quantitative analysis

Research output: Contribution to journalArticleResearchpeer-review

2 Citations (Scopus)

Abstract

This paper constructs a simple model to examine decisions on public and private health spending under majority voting. In the model, agents with heterogeneous incomes choose how much to consume and spend on health care and vote for public health expenditure. The health status of an agent is determined by a CES composite of public and private health expenditure. The existence and uniqueness of the voting equilibrium are established. A quantitative exercise reveals the importance of the relative effectiveness of public and private health expenditure and their substitutability in determining the public-private mix of health expenditure and in accounting for the observed differences across a sample of 22 advanced democratic countries.
Original languageEnglish
Pages (from-to)834-866
Number of pages33
JournalCanadian Journal of Economics
Volume49
Issue number2
DOIs
Publication statusPublished - 2016

Cite this

@article{d369b300b4e7407b8fa5e78389f78a83,
title = "Public–private mix of health expenditure: A political economy and quantitative analysis",
abstract = "This paper constructs a simple model to examine decisions on public and private health spending under majority voting. In the model, agents with heterogeneous incomes choose how much to consume and spend on health care and vote for public health expenditure. The health status of an agent is determined by a CES composite of public and private health expenditure. The existence and uniqueness of the voting equilibrium are established. A quantitative exercise reveals the importance of the relative effectiveness of public and private health expenditure and their substitutability in determining the public-private mix of health expenditure and in accounting for the observed differences across a sample of 22 advanced democratic countries.",
author = "Li, {Shuyun May} and Solmaz Moslehi and Yew, {Siew Ling}",
year = "2016",
doi = "10.1111/caje.12216",
language = "English",
volume = "49",
pages = "834--866",
journal = "Canadian Journal of Economics",
issn = "0008-4085",
publisher = "Wiley-Blackwell",
number = "2",

}

Public–private mix of health expenditure : A political economy and quantitative analysis. / Li, Shuyun May; Moslehi, Solmaz; Yew, Siew Ling.

In: Canadian Journal of Economics, Vol. 49, No. 2, 2016, p. 834-866.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - Public–private mix of health expenditure

T2 - A political economy and quantitative analysis

AU - Li, Shuyun May

AU - Moslehi, Solmaz

AU - Yew, Siew Ling

PY - 2016

Y1 - 2016

N2 - This paper constructs a simple model to examine decisions on public and private health spending under majority voting. In the model, agents with heterogeneous incomes choose how much to consume and spend on health care and vote for public health expenditure. The health status of an agent is determined by a CES composite of public and private health expenditure. The existence and uniqueness of the voting equilibrium are established. A quantitative exercise reveals the importance of the relative effectiveness of public and private health expenditure and their substitutability in determining the public-private mix of health expenditure and in accounting for the observed differences across a sample of 22 advanced democratic countries.

AB - This paper constructs a simple model to examine decisions on public and private health spending under majority voting. In the model, agents with heterogeneous incomes choose how much to consume and spend on health care and vote for public health expenditure. The health status of an agent is determined by a CES composite of public and private health expenditure. The existence and uniqueness of the voting equilibrium are established. A quantitative exercise reveals the importance of the relative effectiveness of public and private health expenditure and their substitutability in determining the public-private mix of health expenditure and in accounting for the observed differences across a sample of 22 advanced democratic countries.

U2 - 10.1111/caje.12216

DO - 10.1111/caje.12216

M3 - Article

VL - 49

SP - 834

EP - 866

JO - Canadian Journal of Economics

JF - Canadian Journal of Economics

SN - 0008-4085

IS - 2

ER -