EconStor >
Eidgenössische Technische Hochschule (ETH) Zürich >
KOF Konjunkturforschungsstelle, ETH Zürich >
KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/50386
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorAkkoyunlu, Suleen_US
dc.contributor.authorLichtenberg, Frank R.en_US
dc.contributor.authorSiliverstovs, Borissen_US
dc.contributor.authorZweifel, Peteren_US
dc.date.accessioned2009-12-16en_US
dc.date.accessioned2011-10-06T15:40:56Z-
dc.date.available2011-10-06T15:40:56Z-
dc.date.issued2009en_US
dc.identifier.pidoi:10.3929/ethz-a-005799493en_US
dc.identifier.urihttp://hdl.handle.net/10419/50386-
dc.description.abstractIn this paper, we address the issue of spurious correlation in the production of health in a systematic way. Spurious correlation entails the risk of linking health status to medical (and nonmedical) inputs when no links exist. This note first presents the bounds testing procedure as a method to detect and avoid spurious correlation. It then applies it to a recent contribution by Lichtenberg (2004), which relates longevity in the United States to pharmaceutical innovation and public health care expenditure. The results of the bounds testing procedure show longevity to be linearly related to these two factors. Therefore, the estimates reported by Lichtenberg (2004) cannot be said to be result of spurious correlation, to the contrary, they very likely reflect an effective relationship, at least for the United States.en_US
dc.language.isoengen_US
dc.publisherKOF Zürichen_US
dc.relation.ispartofseriesKOF working papers // KOF Swiss Economic Institute, ETH Zurich 227en_US
dc.subject.jelH51en_US
dc.subject.jelI12en_US
dc.subject.jelJ18en_US
dc.subject.jelC22en_US
dc.subject.jelO33en_US
dc.subject.ddc330en_US
dc.subject.keywordHealthen_US
dc.subject.keywordLife expectancyen_US
dc.subject.keywordInnovationen_US
dc.subject.keywordPharmaceuticalsen_US
dc.subject.keywordHealth care expenditureen_US
dc.subject.keywordCointegrationen_US
dc.subject.stwGesundheitsversorgungen_US
dc.subject.stwSterblichkeiten_US
dc.subject.stwInnovationen_US
dc.subject.stwPharmazeutisches Produkten_US
dc.subject.stwGesundheitskostenen_US
dc.subject.stwKointegrationen_US
dc.subject.stwSchätzungen_US
dc.subject.stwUSAen_US
dc.titleSpurious correlation in estimation of the health production function: A noteen_US
dc.typeWorking Paperen_US
dc.identifier.ppn615097413en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich

Files in This Item:
File Description SizeFormat
615097413.pdf156.91 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.