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elasticity

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Journal Article
Journal of Health Politics, Policy and Law (1 August 1988) 13 (4): 723–734.
Published: 01 August 1988
...) studied the differences in teenager and adult responses to increases in cigarette prices and taxes. Their study quantified the differences by comparing elasticities. (An elas- ticity is an estimate of the effect of a percentage change of an independent var- iable-in this case, a cigarette price-on...
Journal Article
Journal of Health Politics, Policy and Law (1 February 1990) 15 (1): 1–67.
Published: 01 February 1990
...) relationship which allows us to interpret the regression coefficients or elasticities. When the transfer rate is added as a second explanatory variable in addition to per capita GDP in the context of an exponential function (Table 3), the parameters estimated correspond to the macroeconomic income...
Journal Article
Journal of Health Politics, Policy and Law (1 August 1981) 5 (4): 634–650.
Published: 01 August 1981
... tend to be equal to the amount that the lastunit of that resource added to the rev enues of the firm. The net increase in revenues from using anoth.er unit of the resource will depend on the extent to which price must fall to increase sales. A measure of this is the elasticity of demand, a pure...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1988) 13 (2): 263–278.
Published: 01 April 1988
... unchanging, DP will vary randomly around zero and will not be a function of C. By contrast, in model 2 the induced product innovation causes DP to increase as C falls. Model 3 is also consistent with DP increasing as C falls. (2) Model 3 predicts that the elasticity of price with respect to...
Journal Article
Journal of Health Politics, Policy and Law (1 June 1989) 14 (3): 621–625.
Published: 01 June 1989
... and intensity of physician services per Medicare enrollee, using data from 1983-1985. They found that the overall elasticity of volume and intensity was .07 in the short run. This is positive but very small. Only about $3.60 of the total rise of $56.23 in volume and intensity per enrollee...
Journal Article
Journal of Health Politics, Policy and Law (1 June 1988) 13 (3): 499–524.
Published: 01 June 1988
... and Expenditures. Cambridge, MA: Ballinger. Arrow , K. 1963 . Uncertainty and the Economics of Medical Care. American Economic Review 53 : 941 -73. Atri , S. , and K. Lahiri. 1984 . Price and Income Elasticities of Demand for Hospital Care Free of Quality Bias. Economic Letters...
Journal Article
Journal of Health Politics, Policy and Law (1 June 1989) 14 (3): 601–620.
Published: 01 June 1989
... TTQ - W, = (IPQQ + IP - CQ) - (P - C,) = IP(l + 1 P, (4) where E is the elasticity of demand of the uninsured patient at the margin. As long as 1(1 + lk) > 1, this difference is positive, and the monopolist overproduces quantity. If we assume that Medicare patients are at least 80 percent...
Journal Article
Journal of Health Politics, Policy and Law (1 December 1999) 24 (6): 1307–1330.
Published: 01 December 1999
... procedure group. (Full regression results for each procedure group are available from the authors upon request.) We present elasticities, which are defined as the percentage change in the volume of privately insured procedures divided by the percentage change in the Medicare fee. There are two sets of...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1998) 23 (2): 215–263.
Published: 01 April 1998
... . Medical Care and Procompetitive Reform. Vanderbilt Law Review 34 ( 4 ): 1003 -1028. Marquis , M. Susan , and Charles E. Phelps 1987 . Price Elasticity and Adverse Selection in the Demand for Supplementary Health Insurance. Economic Inquiry 25 ( 2 ): 299 -313. Marshall , John M...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1991) 16 (2): 335–362.
Published: 01 April 1991
... see whether this specification might affect our estimates of price elasticity we ran another regression with total real expenditures as the dependent variable that included an interaction of PCI and MEDSUPP (no information was available on c). The interaction term was not statistically...
Journal Article
Journal of Health Politics, Policy and Law (1 December 2005) 30 (6): 1101–1130.
Published: 01 December 2005
..., we calculate the responsiveness of individual health status to changes in state social capital; these elasticity calculations are reported in table 6. We then test the hypothesis that social capital is particularly important for the health of poor individuals by interacting state social capital...
Journal Article
Journal of Health Politics, Policy and Law (1 April 2008) 33 (2): 295–308.
Published: 01 April 2008
.... Tamblyn. 2005 . Estimating the Price Elasticity of Expenditure for Prescription Drugs in the Presence of Non-Linear Price Schedules: An Illustration from Quebec, Canada. Health Economics 14 : 909 -923. della Vigna, S., and U. Malmendier. 2004 . Contract Design and Self Control: Theory and...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1985) 10 (2): 329–345.
Published: 01 April 1985
... loyalty, advertising makes it more difficult for new products to enter the market, and thus increases monopoly power, lowers price elasticity (that is consumer responsiveness to price), and leads to higher prices which exceed marginal costs. Profit rates and concentration ratios, though they...
Journal Article
Journal of Health Politics, Policy and Law (1 February 1994) 19 (1): 45–68.
Published: 01 February 1994
... ( 6 ): 2130 -4. Wedig , G. J. 1988 . Health Status and the Demand for Health: Results on Price Elasticities. Journal of Health Economics 7 : 151 -63. Weisman , C. S. , L. L. Morlock, and M. A. Teitelbaum, et al. 1989 . Practice Changes in Response to the Malpractice Litigation...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1997) 22 (2): 383–426.
Published: 01 April 1997
Journal Article
Journal of Health Politics, Policy and Law (1 December 1986) 11 (4): 617–631.
Published: 01 December 1986
... particular importance for our purposes, however, are the deviations from this general pattern exhibited by a number of the countries, most notably the United States. Table 3 uses the measure of income elasticity of social spending to illustrate national differences in the relationship between...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 1197–1204.
Published: 01 October 2001
.... One obvious factor, of course, is the great extension of government insurance in the form of Medicare and Medicaid. Clearly, the demand for medical care rises sharply and becomes markedly less elastic under these conditions; that is one of the basic implications...
Journal Article
Journal of Health Politics, Policy and Law (1 February 1992) 17 (1): 25–33.
Published: 01 February 1992
... Federal Employees Health Benefits Program. Journal of Health Politics, Policy, and Law 10 ( 1 ): 119 -39. Welch , W. 1986 . The Elasticity of Demand for Health Maintenance Organizations. Journal of Health Economics 4 ( 4 ): 293 -308. Co mme...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2008) 33 (5): 1007–1011.
Published: 01 October 2008
... subsidies to encourage the uninsured to pur- chase health insurance suggests very little response among the currently uninsured. Although estimates focusing on employer-sponsored coverage show greater take-up elasticity, the take-up elasticity of insurance cover- age among those without access to...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2008) 33 (5): 1011–1015.
Published: 01 October 2008
... show greater take-up elasticity, the take-up elasticity of insurance cover- age among those without access to employer-sponsored coverage hovers around - 0.10 (Congressional Budget Office 2005). Given such evidence, the estimate of 15 – 20 million newly insured may be viewed as an upper- bound...