Basic Results of the Multiregional Health Account for Germany - Validation of Direct Effects of the Health Economy

Marion Schwärzler and Tobias Kronenberg

MPRA Paper from University Library of Munich, Germany

Abstract: The Multiregional Health Account is a satellite account focusing on the economic impact of the health economy in German federal states. It was developed as an enhancement of the existing National Health Account for Germany. In contrast to the subject of matter over here, the calculations of the National Health Account are based on available national supply and use tables. Since there are no according tables available for the German federal states, we developed a methodology, which allows to calculate supply and use tables at the subnational multiregional level. The present paper focusses on the results of the MRHA for the reason of a thorough validation procedure of the developed approach. We evaluate regional direct effects of the health economy by comparing derived characteristics with company data and evaluate the performance of the algorithm in a time series. We find that the elaborated approach shows reasonable results in both dimensions evaluated.

Keywords: national accounts; satellite account; health economy; Germany; regionalization; supply and use tables; SUT-RAS (search for similar items in EconPapers)
JEL-codes: C67 E01 I15 R11 R15 (search for similar items in EconPapers)
Date: 2017-05
New Economics Papers: this item is included in nep-eur, nep-geo, nep-hea and nep-mac
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Related works:
Working Paper: Basic Results of the Multiregional Health Account for Germany - Validation of Indirect Effects of the Health Economy (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:80717

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