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An Empirical Study on Health in Taiwan and Its Long-Term Adjustment

An Empirical Study on Health in Taiwan and Its Long-Term Adjustment Abstract This paper investigates the dynamic change of the population health status in Taiwan. Specifically, it provides insight into the empirical determinants of health production function and explores the nature of the long-term adjustment in health performance. For these purposes, panel data are used incorporating dynamic effects as well as controls for unobservable area-specific effect and area-invariant time effect. The findings are consistent with the earlier research in terms of the determinants of the health production function. The result of the present paper suggests that after decades of improvement in health care, people in Taiwan have lower age-adjusted mortality rates. Also, the decreases in mortality rates follow a rapid pace of long-term adjustment implying that health-care policy that focuses on the provision of medical care services substantially benefits the nation’s health. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Japanese Economic Review Springer Journals

An Empirical Study on Health in Taiwan and Its Long-Term Adjustment

Chang, Koyin; Ying, Yung-Hsiang
The Japanese Economic Review , Volume 59 (1): 15 – Mar 1, 2008
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References (34)

Publisher
Springer Journals
Copyright
2007 Japanese Economic Association
ISSN
1352-4739
eISSN
1468-5876
DOI
10.1111/j.1468-5876.2007.00391.x
Publisher site
See Article on Publisher Site

Abstract

Abstract This paper investigates the dynamic change of the population health status in Taiwan. Specifically, it provides insight into the empirical determinants of health production function and explores the nature of the long-term adjustment in health performance. For these purposes, panel data are used incorporating dynamic effects as well as controls for unobservable area-specific effect and area-invariant time effect. The findings are consistent with the earlier research in terms of the determinants of the health production function. The result of the present paper suggests that after decades of improvement in health care, people in Taiwan have lower age-adjusted mortality rates. Also, the decreases in mortality rates follow a rapid pace of long-term adjustment implying that health-care policy that focuses on the provision of medical care services substantially benefits the nation’s health.

Journal

The Japanese Economic Review – Springer Journals

Published: Mar 1, 2008

Keywords: economics, general; microeconomics; macroeconomics/monetary economics//financial economics; econometrics; development economics; economic history

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