More than one red herring? Heterogeneous effects of ageing on healthcare utilisation
Joan Costa-Font () and
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
We study the effect of ageing, defined as an extra year of life, on health care utilisation. We disentangle the direct effect of ageing, from other alternative explanations such as the presence of comorbidities and endogenous time to death (TTD) that are argued to absorb the effect of ageing (so‐called ‘red herring’ hypothesis). We exploit individual level end of life data from several European countries that record the use of medicine, outpatient and inpatient care and long‐term care. Consistently with the ‘red herring hypothesis’, we find that corrected TTD estimates are significantly different from uncorrected ones, and their effect size exceeds that of an extra year of life, which in turn is moderated by individual comorbidities. Corrected estimates suggest an overall attenuated effect of ageing, which does not influence outpatient care utilisation. These results suggest the presence of ‘more than one red herring’ depending on the type of health care examined.
Keywords: ageing; cormorbidities; endogeneous time to death (TTD); health care utilisation; home help use and comorbidity; hospital care; medicines use; time to death; Wiley (search for similar items in EconPapers)
JEL-codes: I18 (search for similar items in EconPapers)
Pages: 22 pages
New Economics Papers: this item is included in nep-age and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Published in Health Economics, October, 2020, 29(S1), pp. 8 - 29. ISSN: 1057-9230
Downloads: (external link)
http://eprints.lse.ac.uk/104243/ Open access version. (application/pdf)
Journal Article: ‘More than one red herring'? Heterogeneous effects of ageing on health care utilisation (2020)
Working Paper: 'More than One Red Herring'? Heterogeneous Effects of Ageing on Healthcare Utilisation (2020)
Working Paper: 'More Than One Red Herring'? Heterogeneous Effects of Ageing on Healthcare Utilisation (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:104243
Access Statistics for this paper
More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().