Felder, Stefan; Zweifel, Peter; Meier, Markus:
Reply to: econometric issues in testing the age neutrality of health care expenditure
2001
In: Health Economics, Jg. 10 (2001), Heft 2, S. 673 - 674
Artikel/Aufsatz in Zeitschrift / Fach: Wirtschaftswissenschaften
Titel:
Reply to: econometric issues in testing the age neutrality of health care expenditure
Autor(in):
Felder, Stefan im Online-Personal- und -Vorlesungsverzeichnis LSF anzeigen; Zweifel, Peter; Meier, Markus
Erscheinungsjahr
2001
Erschienen in:
Health Economics, Jg. 10 (2001), Heft 2, S. 673 - 674
ISSN

Abstract:

Salas and Raftery allege that in our paper, (1) remaining life expectancy is an endogenous explanatory variable of health care expenditure and (2) the parameter designed to correct for sample selection bias in fact represents a hidden relationship between health care expenditure and age. We argue that claim (1) is not supported by the available empirical evidence, while claim (2) seems to derive from a too cursory reading of our paper.