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Estimating Regional Price Parities Using New Data on Medical Goods and Services

James Choy
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James Choy: Bureau of Economic Analysis

BEA Working Papers from Bureau of Economic Analysis

Abstract: I report on a project to improve estimates of Regional Price Parities (RPPs) by making use of a large commercial dataset on health care prices, the Health Marketscan dataset. Using the new data, I obtain estimates of regional price levels for health related goods and services that are stable across years and that vary less across regions than existing estimates obtained using CPI data.

JEL-codes: E31 (search for similar items in EconPapers)
Date: 2021-07
New Economics Papers: this item is included in nep-ure
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