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Preprints, Working Papers, ... Year : 2022

Understanding Cross-Country Differences In Health Status And Expenditures

Abstract

Using a general equilibrium heterogeneous agent model featuring health production, we quantifythe relative contribution of price distortions in the health market, TFP and other health risks inexplaining cross-country differences in health expenditure (as a share of GDP) and health status.Estimated parameters reveal a substantial price wedge that explains at most 20% of the differencein health spending (as a share of GDP) and 30% of the difference in health status between Europeand the U.S. We estimate a one percentage point negative impact on the life-time cost-of-living ofAmericans from higher prices due to inefficiencies.
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Dates and versions

hal-03679009 , version 1 (25-05-2022)

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  • HAL Id : hal-03679009 , version 1

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Raquel Fonseca, François Langot, Pierre-Carl Michaud, Thepthida Sopraseuth. Understanding Cross-Country Differences In Health Status And Expenditures. 2022. ⟨hal-03679009⟩
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