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An econometric analysis of health care reform in the U.S

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  • Bahram Adrangi
  • Kambiz Raffiee

Abstract

This paper simulates the effects of funding a comprehensive health plan (CHP) on consumer spending in the U.S. using a demographically enhanced dynamic Almost Ideal Demand System model. Quarterly observations on personal consumption expenditures and the relevant price indices of seven major commodity and service groups in the U.S. for the period 1963. 1 through 1989.4 comprise our data set. Our results show that the CHP financing causes no significant adjustment on the demand-side of the economy, i.e., consumer expenditures on the seven major commodity and service groups would decrease slightly in the short run under the CHP financing. (JEL D00) Copyright International Atlantic Economic Society 1997

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  • Bahram Adrangi & Kambiz Raffiee, 1997. "An econometric analysis of health care reform in the U.S," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 3(2), pages 181-192, May.
    • Handle: RePEc:kap:iaecre:v:3:y:1997:i:2:p:181-192:10.1007/bf02294939
    DOI: 10.1007/BF02294939
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    Cited by:

    1. Don J. DeVoretz & Florin P. Vadean, 2008. "Cultural Differences in the Remittance Behaviour of Households: Evidence from Canadian Micro Data," Studies in Economics 0814, School of Economics, University of Kent.

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    • D00 - Microeconomics - - General - - - General

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