caa a22 4500 445332425 CHVBK 20180317142741.0 cr unu---uuuuu 170323e20111001xx s 000 0 eng 10.1007/s10198-010-0260-4 doi (NATIONALLICENCE)springer-10.1007/s10198-010-0260-4 Ageing and health care expenditure in EU-15 [Elektronische Daten] [Mickael Bech, Terkel Christiansen, Ehsan Khoman, Jørgen Lauridsen, Martin Weale] The purpose of this paper is to investigate the relationship between ageing and the evolution of health care expenditure per capita in the EU-15 countries. A secondary purpose is to produce estimates that can be used in projections of future health care costs. Explanatory variables include economic, social, demographic and institutional variables as well as variables related to capacity and production technology in the health care sector. The study applies a co-integrated panel data regression approach to derive short-run relationships and furthermore reports long-run relationships between health care expenditure and the explanatory variables. Our findings suggest that there is a positive short-run effect of ageing on health care expenditure, but that the long-run effect of ageing is approximately zero. We find life expectancy to be a more important driver. Although the short-run effect of life expectancy on expenditure is approximately zero, we find that the long-run effect is positive, so that increasing life expectancy leads to a more than proportional, i.e. exponential, increase in health care expenditure. Springer-Verlag, 2010 Health care expenditure nationallicence Ageing nationallicence EU-15 countries nationallicence Bech Mickael Institute of Public Health, Health Economics, University of Southern Denmark, J.B.Winsløwsvej 9B, 5000, Odense C, Denmark aut Christiansen Terkel Institute of Public Health, Health Economics, University of Southern Denmark, J.B.Winsløwsvej 9B, 5000, Odense C, Denmark aut Khoman Ehsan National Institute of Economic and Social Research, London, UK aut Lauridsen Jørgen Institute of Public Health, Health Economics, University of Southern Denmark, J.B.Winsløwsvej 9B, 5000, Odense C, Denmark aut Weale Martin National Institute of Economic and Social Research, London, UK aut The European Journal of Health Economics Springer-Verlag 12/5(2011-10-01), 469-478 1618-7598 12:5<469 2011 12 10198 https://doi.org/10.1007/s10198-010-0260-4 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10198-010-0260-4 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Bech Mickael Institute of Public Health, Health Economics, University of Southern Denmark, J.B.Winsløwsvej 9B, 5000, Odense C, Denmark aut NATIONALLICENCE 700 1- Christiansen Terkel Institute of Public Health, Health Economics, University of Southern Denmark, J.B.Winsløwsvej 9B, 5000, Odense C, Denmark aut NATIONALLICENCE 700 1- Khoman Ehsan National Institute of Economic and Social Research, London, UK aut NATIONALLICENCE 700 1- Lauridsen Jørgen Institute of Public Health, Health Economics, University of Southern Denmark, J.B.Winsløwsvej 9B, 5000, Odense C, Denmark aut NATIONALLICENCE 700 1- Weale Martin National Institute of Economic and Social Research, London, UK aut NATIONALLICENCE 773 0- The European Journal of Health Economics Springer-Verlag 12/5(2011-10-01), 469-478 1618-7598 12:5<469 2011 12 10198 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer