Expenditure on physicians' services in Canada: Was Medicare a structural change?

✍ Scribed by Brian Ferguson

• Book ID: 102658488
• Publisher: John Wiley and Sons
• Year: 1996
• Tongue: English
• Weight: 717 KB
• Volume: 5
• Category: Article
• ISSN: 1057-9230
• DOI: 10.1002/(sici)1099-1050(199609)5:5<409::aid-hec229>3.0.co;2-7

✦ Synopsis

This paper uses cointegration analysis to investigate the question of whether the introduction of national health insurance for physicians' services (Medicare) in the late 1960s caused a structural change in the relation driving national expenditure on physicians' services in Canada. The results support the existence of a single cointegration equation applying to both the Medicare and pre-Medicare periods. Structural change tests do not support the presence of a fundamental structural change associated with the introduction of Medicare.