A theoretical rationale for an inelastic demand for health care

被引:4
|
作者
Koç, Ç [1 ]
机构
[1] Natl Econ Res Associates Inc, White Plains, NY 10606 USA
关键词
health-care demand; elasticity; health production function;
D O I
10.1016/j.econlet.2003.09.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper provides a theoretical rationale for the empirical finding that the demand for health care is inelastic. Using Wagstaff [Bull. Econ. Res. 38 (1986) 93] version of Grossman [J. Polit. Econ. 80 (1972) 223] human capital model of the demand for health, the paper develops a criterion to identify restrictions on the basics of the model (i.e., on the utility and health production functions) for the purpose of realizing an inelastic demand for health care, (C) 2003 Elsevier B.V All rights reserved.
引用
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页码:9 / 14
页数:6
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