ESTIMATION OF PRICE AND INCOME ELASTICITIES OF DEMAND FOR HEALTH SERVICES USING AIDS MODEL

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SHAKIBAEI A.R.; HORRY H.R.; IRANI KERMANI F.

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Journal: Iranian Journal of Economic Research Year:2006 | Volume:8 | Issue:27 Page(s): 199-227

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Title

ESTIMATION OF PRICE AND INCOME ELASTICITIES OF DEMAND FOR HEALTH SERVICES USING AIDS MODEL

Author(s)

SHAKIBAEI A.R. | HORRY H.R. | IRANI KERMANI F. | Issue Writer Certificate

Keywords

PRICE ELASTICITY OF DEMANDQ2

INCOME ELASTICITY OF DEMANDQ3

ALMOST IDEAL DEMAND SYSTEM (AIDS)Q2

Abstract

The purpose of this paper is to estimate the price and income elasticites of the demand for health services in Iran. We use the Almost Ideal Demand System (AIDS) model using the household expenditure data for the three subsections of medicine, user fees for doctors and hospitals for three income groups in the period 1971- 2001. Our results indicate that the health services are necessity for all income groups and that hygiene and/or medical services have complimentary relations with cloths and shelter.Price elasticities of hospitalization for low, medium, and high income groups are low: -0.52, -0.53 and -0.62, respectively. Overall, we conclude that the elasticity for health services is low in Iran.

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APA: Copy

SHAKIBAEI, A.R., HORRY, H.R., & IRANI KERMANI, F.. (2006). ESTIMATION OF PRICE AND INCOME ELASTICITIES OF DEMAND FOR HEALTH SERVICES USING AIDS MODEL. IRANIAN ECONOMIC RESEARCH, 8(27), 199-227. SID. https://sid.ir/paper/2690/en

Vancouver: Copy

SHAKIBAEI A.R., HORRY H.R., IRANI KERMANI F.. ESTIMATION OF PRICE AND INCOME ELASTICITIES OF DEMAND FOR HEALTH SERVICES USING AIDS MODEL. IRANIAN ECONOMIC RESEARCH[Internet]. 2006;8(27):199-227. Available from: https://sid.ir/paper/2690/en

IEEE: Copy

A.R. SHAKIBAEI, H.R. HORRY, and F. IRANI KERMANI, “ESTIMATION OF PRICE AND INCOME ELASTICITIES OF DEMAND FOR HEALTH SERVICES USING AIDS MODEL,” IRANIAN ECONOMIC RESEARCH, vol. 8, no. 27, pp. 199–227, 2006, [Online]. Available: https://sid.ir/paper/2690/en

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