The study aimsto empirically test Baumol's cost disease hypothesis about to the secular rise in healthcare expenditures for Northern Europe and the Baltic region in recent decades. Panel data regressions and adjusted Baumol variables are applied to the data for 11 countries of Northern Europe...

The study aimsto empirically test Baumol's cost disease hypothesis about to the secular rise in healthcare expenditures for Northern Europe and the Baltic region in recent decades. Panel data regressions and adjusted Baumol variables are applied to the data for 11 countries of Northern Europe...