Christian David. Hagist
NBER Working Papers and Publications
|December 2005||Who's Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries|
with Laurence Kotlikoff: w11833
Government healthcare expenditures have been growing much more rapidly than GDP in OECD countries. For example, between 1970 and 2002 these expenditures grew 2.3 times faster than GDP in the U.S., 2.0 times faster than GDP in Germany, and 1.4 times faster than GDP in Japan.
How much of government healthcare expenditure growth is due to demographic change and how much is due to increases in benefit levels; i.e., in healthcare expenditures per beneficiary at a given age? This paper answers this question for ten OECD countries -- Australia, Austria, Canada, Germany, Japan, Norway, Spain, Sweden, the UK, and the U.S. Specifically, the paper decomposes the 1970-2002 growth in each countrys healthcare expenditures into growth in benefit levels and changes in demographics.
Growth in real ben...
Published: Christian Hagist & Laurence J. Kotlikoff, 2009. "Whoâ€™s going broke? Comparing growth in Public healthcare expenditure in Ten OECD Countries," Hacienda PÃºblica EspaÃ±ola, IEF, vol. 188(1), pages 55-72, March.