Universität zu Köln

Colombier, Carsten (2018). Population ageing in healthcare - a minor issue? Evidence from Switzerland. Appl. Econ., 50 (15). S. 1746 - 1761. ABINGDON: ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD. ISSN 1466-4283

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Abstract

Our study shows that population ageing is a relevant determinant of healthcare expenditure (HCE). This conclusion supports the popular, but recently strongly contested, view that the coming population ageing will threaten the fiscal sustainability of health systems. We contribute to this debate, first by estimating the determinants of Swiss HCE with outlier-robust dynamic regressions, and second, by projecting Swiss HCE based on the estimates produced and new population scenarios. Medical advances and GDP per capita also play a decisive role. Governments can mitigate HCE growth by improving the health status of the population and by stimulating cost-effective and productive medical advances.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Colombier, Carsten UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-203385
DOI:	10.1080/00036846.2017.1374538
Journal or Publication Title:	Appl. Econ.
Volume:	50
Number:	15
Page Range:	S. 1746 - 1761
Date:	2018
Publisher:	ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
Place of Publication:	ABINGDON
ISSN:	1466-4283
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language EXPENDITURE GROWTH; UNBALANCED GROWTH; UNIT ROOTS; COINTEGRATION; DETERMINANTS; TECHNOLOGY; TESTS; HYPOTHESIS; IMPACT; STATES Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/20338