Estimating the demand for health care with panel data: a semiparametric Bayesian approach

B-Tier
Journal: Health Economics
Year: 2004
Volume: 13
Issue: 10
Pages: 1003-1014

Authors (2)

Markus Jochmann (Newcastle University) Roberto León‐González (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper is concerned with the problem of estimating the demand for health care with panel data. A random effects model is specified within a semiparametric Bayesian approach using a Dirichlet process prior. This results in a very flexible distribution for both the random effects and the count variable. In particular, the model can be seen as a mixture distribution with a random number of components, and is therefore a natural extension of prevailing latent class models. A full Bayesian analysis using Markov chain Monte Carlo simulation methods is proposed. The methodology is illustrated with an application using data from Germany. Copyright © 2004 John Wiley & Sons, Ltd.

Technical Details

RePEc Handle
repec:wly:hlthec:v:13:y:2004:i:10:p:1003-1014
Journal Field
Health
Author Count
2
Added to Database
2026-01-25