Income and health spending : evidence from oil price shocks /
Health expenditures as a share of GDP have more than tripled over the last half century. A common conjecture is that this is primarily a consequence of rising real per capita income, which more than doubled over the same period. We investigate this hypothesis empirically by instrumenting for local a...
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Format: | Book |
Language: | English |
Published: |
Cambridge, Mass. :
National Bureau of Economic Research,
c2009
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Series: | Working paper series (National Bureau of Economic Research) ;
no. 14744 Working paper series (National Bureau of Economic Research) ; working paper no. 14744 |
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