This paper examines the determinants of healthcare expenditure for low‐, middle‐ and high‐income countries, and it quantifies their influences in order to assess policies for achieving universal health coverage. We elaborate two models, a fixed‐effect model and the dynamic panel model,...

In this paper, we investigate the potential threshold effects in the relationship between national expenditures on health care and national income. Using a panel threshold regression model, we derive country-specific and time-specific income elasticities for 17 OECD countries over the period...