EconPapers    
Economics at your fingertips  
 

The effects of the economic recession on spending on private health insurance in Spain

Alaitz Artabe () and Waleska Sigüenza ()
Additional contact information
Alaitz Artabe: Universidad Del País Vasco (UPV/EHU)
Waleska Sigüenza: Universidad Del País Vasco (UPV/EHU)

International Journal of Health Economics and Management, 2019, vol. 19, issue 2, No 2, 155-191

Abstract: Abstract The paper seeks to analyse the evolution of expenditure on private health insurance (PHI) in Spain. We consider the factors that influence PHI demand and level of spending before and during the economic recession, along with identifying the effect of the recession on these factors. The data is obtained from the Spanish Family Budget Survey (SFBS) for 2006 and 2012. Due to the data structure and the demand function, the analysis is performed using a sample selection model in order to avoid sample selection bias. We estimate three models: a pre-recession model (2006), a model for the recession period (2012) and a third one covering both periods (2006 and 2012) and where we include a dummy variable that establishes the effect of the economic recession. The results show that the effect of the economic recession on PHI demand is not significant, but it is on the level of spending.

Keywords: Private health insurance; Expenditure; Economic recession (search for similar items in EconPapers)
JEL-codes: I11 C35 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s10754-018-9251-2 Abstract (text/html)
Access to full text is restricted to subscribers.

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:kap:ijhcfe:v:19:y:2019:i:2:d:10.1007_s10754-018-9251-2

Ordering information: This journal article can be ordered from
http://www.springer. ... th/journal/10754/PS2

DOI: 10.1007/s10754-018-9251-2

Access Statistics for this article

International Journal of Health Economics and Management is currently edited by Leemore Dafny, Robert Town, Mark Pauly, David Dranove and Pedro Pita Barros

More articles in International Journal of Health Economics and Management from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2020-04-23
Handle: RePEc:kap:ijhcfe:v:19:y:2019:i:2:d:10.1007_s10754-018-9251-2