cointegration between health spending and income, ultimately measuring income elasticity of health care. The tests we adopt allow us …

Roach (1974) is one of the exceptions. 4 Our estimates of the long-run income elasticity with respect to the net …

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 … necessity good, namely, if income elasticity of expenditure is above or below unity (Parkin et al., 1987; Gerdtham et al., 1992 …

elasticity of import than the income elasticity of export points out the trade balance deterioration. Practical application of … the estimated income elasticity of import in the Thirlwall's economic growth model shows that the growth rate of the … is reduced by high income elasticity of import. …

signiflcance of the determinants of imports. Keywords: German import demand equation, price elasticity, income elasticity, activity … intensity to account for globalisation efiects. The estimated income elasticity is 1.64. Barrell and D¶ees (2005) include the …: Pooled Mean Group Estimate with constraints on income elasticities) the estimated income elasticity is 1.24. 2 tion results …

decompositions to demonstrate that (i) in all countries except Austria, the income elasticity of health is positive and increases ….Keywords:income inequality, health inequality, income elasticity of health, Europe.Classification-JEL: D30, D31, I10, I12. …

decompositions to demonstrate that (i) in all countries except Austria, the income elasticity of health is positive and increases ….Keywords:income inequality, health inequality, income elasticity of health, Europe.Classification-JEL: D30, D31, I10, I12. …