Moscone, Francesco; Tosetti, Elisa - Department of Economics, Leicester University - 2007
cointegration between health spending and income, ultimately measuring income elasticity of health care. The tests we adopt allow us … cointegration between health spending and in-
come, ultimately measuring income elasticity of health care. The tests
we adopt allow … expenditure, income elasticity, cross section de-
pendence, panels.
We thank Hashem Pesaran for helpful comments.
yFaculty of …