Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?

Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?

This article was published in Health Economics Review [© 2015 Springer Verlag] and the definite version is available at: http://link.springer.com/article/10.1186/s13561-014-0038-y

Detalles Bibliográficos
Autores principales: AM Khan, Jahangir, Alam Mahumud, Rashidul
Otros Autores: James P Grant School of Public Health, BRAC University
Formato: Artículo
Lenguaje:English
Publicado: © 2015 Springer Verlag 2017
Materias:
Income-elasticity
Healthcare expenditure
Public- and private sectors
Fixed- and random effect models
South-East Asian Region
Universal health coverage
Acceso en línea:http://hdl.handle.net/10361/7472
http://doi.org/10.1186/s13561-014-0038-y
id 10361-7472
record_format dspace
spelling 10361-74722018-03-15T05:58:54Z Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries? AM Khan, Jahangir Alam Mahumud, Rashidul James P Grant School of Public Health, BRAC University Income-elasticity Healthcare expenditure Public- and private sectors Fixed- and random effect models South-East Asian Region Universal health coverage This article was published in Health Economics Review [© 2015 Springer Verlag] and the definite version is available at: http://link.springer.com/article/10.1186/s13561-014-0038-y South-East Asian Regional (SEAR) countries range from low- to middle-income countries and have considerable differences in mix of public and private sector expenditure on health. This study intends to estimate the income-elasticities of healthcare expenditure in public and private sectors separately for investigating whether healthcare is a ‘necessity’ or ‘luxury’ for citizens of these countries. Panel data from 9 SEAR countries over 16 years (1995-2010) were employed. Fixed- and random-effect models were fitted to estimate income-elasticity of public, private and total healthcare expenditure. Results showed that one percent point increase in GDP per capita increased private expenditure on healthcare by 1.128%, while public expenditure increased by only 0.412%. Inclusion of three-year lagged variables of GDP per capita in the models did not have remarkable influence on the findings. The citizens of SEAR countries consider healthcare as a necessity while provided through public sector and a luxury when delivered by private sector. By increasing the public provisions of healthcare, more redistribution of healthcare resources can be ensured, which can accelerate the journey of SEAR countries towards universal health coverage. Published 2017-01-03T08:23:58Z 2017-01-03T08:23:58Z 2015 Article Khan, J. A. M., & Mahumud, R. A. (2015). Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of south-east asian countries? Health Economics Review, 5(1), 1-9. doi:10.1186/s13561-014-0038-y 21911991 http://hdl.handle.net/10361/7472 http://doi.org/10.1186/s13561-014-0038-y en http://link.springer.com/article/10.1186/s13561-014-0038-y © 2015 Springer Verlag
institution Brac University
collection Institutional Repository
language English
topic Income-elasticity
Healthcare expenditure
Public- and private sectors
Fixed- and random effect models
South-East Asian Region
Universal health coverage
spellingShingle Income-elasticity
Healthcare expenditure
Public- and private sectors
Fixed- and random effect models
South-East Asian Region
Universal health coverage
AM Khan, Jahangir
Alam Mahumud, Rashidul
Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?
description This article was published in Health Economics Review [© 2015 Springer Verlag] and the definite version is available at: http://link.springer.com/article/10.1186/s13561-014-0038-y
author2 James P Grant School of Public Health, BRAC University
author_facet James P Grant School of Public Health, BRAC University
AM Khan, Jahangir
Alam Mahumud, Rashidul
format Article
author AM Khan, Jahangir
Alam Mahumud, Rashidul
author_sort AM Khan, Jahangir
title Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?
title_short Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?
title_full Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?
title_fullStr Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?
title_full_unstemmed Is healthcare a ‘Necessity’ or ‘Luxury’? an empirical evidence from public and private sector analyses of South-East Asian countries?
title_sort is healthcare a ‘necessity’ or ‘luxury’? an empirical evidence from public and private sector analyses of south-east asian countries?
publisher © 2015 Springer Verlag
publishDate 2017
url http://hdl.handle.net/10361/7472
http://doi.org/10.1186/s13561-014-0038-y
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