On the relationship between healthcare expenditure and longevity: evidence from the continuous wavelet analyses

Wen Yi Chen, Miin-Jye Wen, Yu Hui Lin, Yia Wun Liang

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)

Abstract

This study applies the continuous wavelet analyses to identify four possible perspectives on the causality between healthcare expenditure and longevity: health as a determinant of healthcare expenditure (longevity leads), healthcare expenditure as a determinant of health (healthcare expenditure leads), feedback (bidirectional relation) and neutrality (no correlation). Our results show that none of these four perspectives regarding the causality of healthcare expenditure and longevity prevail over the period of 1963–2010 in the US. Healthcare expenditure is likely to serve as a predictor to predict the volatility of longevity in the short, medium, and long run, while longevity is likely to serve as a predictor to predict the volatility of healthcare expenditure only in the medium run.

Original languageEnglish
Pages (from-to)1041-1057
Number of pages17
JournalQuality and Quantity
Volume50
Issue number3
DOIs
Publication statusPublished - 2016 May 1

All Science Journal Classification (ASJC) codes

  • Statistics and Probability
  • Social Sciences(all)

Fingerprint Dive into the research topics of 'On the relationship between healthcare expenditure and longevity: evidence from the continuous wavelet analyses'. Together they form a unique fingerprint.

Cite this