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Applied Economics Letters Volume 23, 2016 - Issue 2
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Original Articles

Testing cointegration between health care expenditure and GDP in Japan with the presence of a regime shift

T. TamakoshiGraduate School of Economics, Kobe University, Nada-Ku, Kobe, Japan
&
S. HamoriFaculty of Economics, Kobe University, Nada-Ku, Kobe, JapanCorrespondence[email protected]
Pages 151-155 | Published online: 25 Aug 2015

References

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  • Grossman, M. 1972. “On the Concept of Health Capital and the Demand for Health.” Journal of Political Economy 80: 223–255.
  • Hansen, B. E., and B. Seo. 2002. “Testing for Two-Regime Threshold Cointegration in Vector Error-Correction Models.” Journal of Econometrics 110: 293–318. doi:10.1016/S0304-4076(02)00097-0.
  • Hu, J.-L., and C.-H. Lin. 2008. “Disaggregated Energy Consumption and GDP in Taiwan: A Threshold Co-Integration Analysis.” Energy Economics 30: 2342–2358. doi:10.1016/j.eneco.2007.11.007.
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  • Newhouse, J. P. 1977. “Medical Care Expenditure: A Cross National Survey.” Journal of Human Resources 12: 115–125.

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