{"id":8017,"date":"2023-07-23T08:03:03","date_gmt":"2023-07-23T12:03:03","guid":{"rendered":"https:\/\/creei.ca\/understanding-cross-country-differences-in-health-status-and-expenditures\/"},"modified":"2023-11-23T13:16:01","modified_gmt":"2023-11-23T18:16:01","slug":"understanding-cross-country-differences-health-status-expenditures","status":"publish","type":"page","link":"https:\/\/creei.ca\/en\/understanding-cross-country-differences-health-status-expenditures\/","title":{"rendered":"Understanding Cross-country Differences in Health Status and Expenditures"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><article class=\"node-789 node node-publications node-promoted view-mode-full node-by-viewer clearfix\">\n<div class=\"field field-name-body field-type-text-with-summary field-label-above\">\n<div class=\"field-label\">Short Summary:<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>Using a <strong>general equilibrium heterogeneous agent model<\/strong> featuring <strong>health production<\/strong>, we quantify the relative contribution of price distortions in the health market, TFP and other health risks in explaining <strong>cross-country differences<\/strong> in <strong>health expenditure<\/strong> (as a share of GDP) and health status. Estimated parameters reveal a substantial price wedge that explains at most 20% of the difference in health spending (as a share of GDP) and 30% of the difference in <strong>health status<\/strong> between Europe and the U.S. We estimate a one percentage point negative impact on the life-time cost-of-living of Americans from higher prices due to inefficiencies.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-auteurs-publication field-type-taxonomy-term-reference field-label-inline clearfix\">\n<div class=\"field-label\">Publication Authors: Raquel Fonseca, Franc\u0327ois Langot, Pierre-Carl Michaud and Thepthida Sopraseuth.<\/div>\n<\/div>\n<div class=\"field field-name-field-num-ro field-type-text field-label-inline clearfix\">\n<div class=\"field-label\">Number: 20-04<\/div>\n<\/div>\n<div class=\"field field-name-field-fichier field-type-file field-label-inline clearfix\">\n<div class=\"field-label\">File: <img decoding=\"async\" class=\"alignnone size-full wp-image-428\" src=\"https:\/\/creei.ca\/wp-content\/uploads\/2019\/07\/application-pdf.png\" alt=\"\" width=\"16\" height=\"16\" \/> <a href=\"https:\/\/creei.ca\/wp-content\/uploads\/2020\/03\/cahier_20_04_understanding_cross_country_differences_health_status_expenditures.pdf\">cahier_20_04_understanding_cross_country_differences_health_status_expenditures<\/a><\/div>\n<\/div>\n<div class=\"field field-name-field-ann-e field-type-taxonomy-term-reference field-label-inline clearfix\">\n<div class=\"field-label\">Year: 2020<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<\/article>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-8017","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/pages\/8017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/comments?post=8017"}],"version-history":[{"count":1,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/pages\/8017\/revisions"}],"predecessor-version":[{"id":8240,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/pages\/8017\/revisions\/8240"}],"wp:attachment":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/media?parent=8017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}