A cluster analysis on income elasticity variations and US pharmaceutical expenditures

Authors
Citation
C. Huttin, A cluster analysis on income elasticity variations and US pharmaceutical expenditures, APPL ECON, 32(10), 2000, pp. 1241-1247
Citations number
21
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS
ISSN journal
00036846 → ACNP
Volume
32
Issue
10
Year of publication
2000
Pages
1241 - 1247
Database
ISI
SICI code
0003-6846(20000815)32:10<1241:ACAOIE>2.0.ZU;2-9
Abstract
This paper examines the relationship between household income and outpatien t prescribed medicines in the USA based on a sample of 2872 privately insur ed patients, from the 1987 NMES data set. The analysis is performed on regi onal typologies of different socioeconomic profiles of patients. Only a few groups show positive income elasticity.