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dc.contributor.authorAkkoyunlu, Suleen
dc.contributor.authorLichtenberg, Frank R.en
dc.contributor.authorSiliverstovs, Borissen
dc.contributor.authorZweifel, Peteren
dc.date.accessioned2009-12-16-
dc.date.accessioned2011-10-06T15:40:56Z-
dc.date.available2011-10-06T15:40:56Z-
dc.date.issued2009-
dc.identifier.pidoi:10.3929/ethz-a-005799493en
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
dc.language.isoengen
dc.publisher|aETH Zurich, KOF Swiss Economic Institute |cZurichen
dc.relation.ispartofseries|aKOF Working Papers |x227en
dc.subject.jelH51en
dc.subject.jelI12en
dc.subject.jelJ18en
dc.subject.jelC22en
dc.subject.jelO33en
dc.subject.ddc330en
dc.subject.keywordHealthen
dc.subject.keywordLife expectancyen
dc.subject.keywordInnovationen
dc.subject.keywordPharmaceuticalsen
dc.subject.keywordHealth care expenditureen
dc.subject.keywordCointegrationen
dc.subject.stwGesundheitsversorgungen
dc.subject.stwSterblichkeiten
dc.subject.stwInnovationen
dc.subject.stwPharmazeutisches Produkten
dc.subject.stwGesundheitskostenen
dc.subject.stwKointegrationen
dc.subject.stwSchätzungen
dc.subject.stwUSAen
dc.titleSpurious correlation in estimation of the health production function: A note-
dc.typeWorking Paperen
dc.identifier.ppn615097413en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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