The financial performance of the health care industry: a global, regional and industry specific empirical investigation

Gregor Dorfleitner () and Felix Rößle
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Gregor Dorfleitner: University of Regensburg
Felix Rößle: University of Regensburg

The European Journal of Health Economics, 2018, vol. 19, issue 4, No 9, 585-594

Abstract: Abstract This article analyzes the financial (out-) performance of all listed health care companies. The health care sector outperformed the market in the period from 2000 to June 2015. The performance was driven by companies from Americas, and Asia as well as companies from the pharmaceuticals sub-segment. Additionally, bull periods appear to be the main driver for the outperformance. Euro-based investors can expect different outcomes of their investments to those of USD investors. However, the main trends remain unchanged.

Keywords: Stock performance; Four-factor model; Health economics (search for similar items in EconPapers)
JEL-codes: G12 I11 I15 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10198-017-0904-8

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