Total expenditure elasticity of healthcare spending in Russia

Evguenii A. Zazdravnykh (), Andrey Aistov and Ekaterina Aleksandrova
Additional contact information
Evguenii A. Zazdravnykh: HSE University, St. Petersburg, Russia

Russian Journal of Economics, 2021, vol. 7, issue 4, 326-353

Abstract: In this study we estimate the income elasticity of spending on different healthcare services and medication in Russia, taking into account the non-linear relationship between income level and expenditure. We employ the RLMS-HSE data, 2006–2017, to estimate the elasticities at household level. Our findings show these elasticities have not changed over the years. Additionally, we show that low-income and high-income households demon­strate different levels of elasticities, which is consistent with the fact that healthcare is less affordable for the poor. The study confirms that healthcare and medication are close to luxury level for low-income households and drugs are almost income inelastic for rich households. The results could help to reveal which services are the least affordable for the population.

Keywords: income; elasticity; RLMS; HSE; health; spending; household; expenditure; health. (search for similar items in EconPapers)
JEL-codes: D31 I12 I14 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://rujec.org/article/76219/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arh:jrujec:v:7:y:2021:i:4:p:326-353

DOI: 10.32609/j.ruje.7.76219

Access Statistics for this article

Russian Journal of Economics is currently edited by Alexey Kudrin

More articles in Russian Journal of Economics from ARPHA Platform
Bibliographic data for series maintained by Teodor Georgiev ().