dc.creatorDuarte Vásquez, Fabian
dc.date.accessioned2017-05-08T19:43:23Z
dc.date.accessioned2019-04-26T01:14:22Z
dc.date.available2017-05-08T19:43:23Z
dc.date.available2019-04-26T01:14:22Z
dc.date.created2017-05-08T19:43:23Z
dc.date.issued2012
dc.identifierJournal of Health Economics Volume 31, Issue 6, December 2012, Pages 824–841
dc.identifier0167-6296
dc.identifier10.1016/j.jhealeco.2012.07.002
dc.identifierhttp://repositorio.uchile.cl/handle/2250/143878
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/2447953
dc.description.abstractPolicymakers in countries around the world are faced with rising health care costs and are debating ways to reform health care to reduce expenditures. Estimates of price elasticity of expenditure are a key component for predicting expenditures under alternative policies. Using unique individual-level data compiled from administrative records from the Chilean private health insurance market, I estimate the price elasticity of expenditures across a variety of health care services. Ifind elasticities that range between zero for the most acute service (appendectomy) and −2.08 for the most elective (psychologist visit). Moreover, the results show that at least one third of the elasticity is explained by the number of visits; the restis explained by the intensity of each visit. Finally, I find that high-income individuals are five times more price sensitive than low-income individuals and that older individuals are less price-sensitive than young individuals.
dc.languageen
dc.publisherElsevier Science publishes
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile
dc.sourceJournal of Health Economics
dc.subjectElasticity
dc.subjectHealth economics
dc.subjectHealth expenditures
dc.subjectConsumer behavior
dc.subjectMoral hazard
dc.titlePrice Elasticity of Expenditure across Health Care Services
dc.typeArtículos de revistas


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