Empirical analysis of out-of-pocket expenditures on medicine in Russia

Liudmila Zasimova () and Elena Kossova ()

Applied Econometrics, 2016, vol. 42, 75-99

Abstract: The paper uses econometric tools (two-part model, Tobit model, Heckman model) to evaluate factors associated with consumer choice on the Russian pharmaceutical market. Using data from national public opinion survey conducted in 2014 by Levada Center we show that gender, health, retirement and single mother’s status are strongly associated with high expenditures on medicine. Incomes are positively associated with probability of spending on medicine, but marginal effect of incomes is small.

Keywords: pharmaceutical market; medicine; drug expenditures; chronic conditions; retirement; single mothers. (search for similar items in EconPapers)
JEL-codes: I11 I12 I14 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:apltrx:0292

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