Lars Haagen Pedersen () and Marianne Frank Hansen ()
Additional contact information
Lars Haagen Pedersen: Danish Rational Economic Agents Model, DREAM, Postal: Amaliegade 44, DK-1256 København
Marianne Frank Hansen: Danish Rational Economic Agents Model, DREAM, Postal: Amaliegade 44, DK-1256 København
Abstract: Health care expenditure has increased faster than income in most OECD countries during the last 30 to 40 years. Expectations are that demographics will further increases in expenditure growth in the coming years. However, wealth, technological progress, and increasing relative prices (partly due to Baumol effects) are likely to remain the main driving forces of health care expenditures in the future. It may be compatible with individual optimality that growth in health care expenditure remains higher than general economic growth. If this is the case, health care expenditure may become the major challenge to the universal welfare state.
Keywords: Stigende sundhedsudgifter; sundhedsudgifter
JEL-codes: A10
Language: Danish
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