Convergence of Health Care Expenditures Across the US States: A Reconsideration

Nicholas Apergis (), Tsangyao Chang, Christina Christou and Rangan Gupta
Additional contact information
Christina Christou: University of Piraeus

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2017, vol. 133, issue 1, No 17, 303-316

Abstract: Abstract Current evidence on the convergence of health care expenditures across the US states into a single convergence club is non-existent. Against this backdrop, we use a modified panel unit root test that accounts for smooth structural changes, spanning the period of 1966–2009. The results illustrate that the ratio of the individual health care expenditures relative to the cross-sectional average is broken trend-stationary, not only in the aggregate panel, but also across all 50 US states. The findings also document that the evidence of convergence is possibly due to the convergence of personal disposable income across the US states.

Keywords: Health care expenditures; Convergence; Unit root tests; Fourier function; Sequential panel selection methodology (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1007/s11205-016-1357-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Convergence of Health Care Expenditures across the US States: A Reconsideration (2015)
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:spr:soinre:v:133:y:2017:i:1:d:10.1007_s11205-016-1357-7

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11135

DOI: 10.1007/s11205-016-1357-7

Access Statistics for this article

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement is currently edited by Filomena Maggino

More articles in Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().