Baltagi, Badi H.; Moscone, Francesco - Department of Economics, Leicester University - 2009
previous studies.
JEL Classi�cation: C31, C33, H51
Keywords: Health expenditure, income elasticity, cross section de-
pendence … measuring the size of the income elasticity of health care, and on its
policy implications for the �nancing and distribution of …-stationarity
of health care spending and income, which in turn cast doubt on prior inference
on income elasticity obtained from …