How Effective is Marginal Healthcare Expenditure? New Evidence from England for 2003/04 to 2012/13 | Zendy

Stephen Martin | Zendy; James Lomas | Zendy; Karl Claxton | Zendy; Francesco Longo | Zendy

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How Effective is Marginal Healthcare Expenditure? New Evidence from England for 2003/04 to 2012/13

Author(s) -

Stephen Martin,

James Lomas,

Karl Claxton,

Francesco Longo

Publication year - 2021

Publication title -

applied health economics and health policy

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.099

H-Index - 40

eISSN - 1179-1896

pISSN - 1175-5652

DOI - 10.1007/s40258-021-00663-3

Subject(s) - health economics , health care , nice , quality adjusted life year , medicine , excellence , estimation , actuarial science , cost effectiveness , economics , operations management , economic growth , management , computer science , political science , law , programming language

The endogenous nature of healthcare expenditure means that instruments are often used when estimating the relationship between expenditure and mortality. Previous English studies of this relationship have largely relied on statistical tests to justify their instruments. A recent paper proposed that exogenous components of the resource allocation formula, used to distribute the national healthcare budget to local health authorities, be used as instruments.

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