Table 5.
Determinants of national health expenditures in Korea.
| Model 1 (1977–2000) | Model 2 (1985–2000) | Model 3 (1985–2000) | |
|---|---|---|---|
| ln(GDP) | 0.962** | 1.041** | 0.958** |
| ln(GOV) | - | - | 0.287* |
| ln(coverage) | 0.228** | 0.300** | 0.148 |
| ln(doctor) | −0.996** | −0.886 | −1.117** |
| ln(inpatient) | - | - | −0.288 |
| ln(65over) | 0.304 | 1.691 | 0.799 |
| ln(flabor) | −0.321 | −1.169 | −1.621 |
| Year | 0.056* | 0.001 | 0.036 |
| R2 | 0.988 | 0.983 | 0.990 |
| F-value | 229.769 | 84.732 | 85.198 |
| No. of observation (degree of freedom) | 24 (17) | 16 (9) | 16 (7) |
| D-W statistics | 1.953 | 2.404 | 2.690 |
Note:
p < 0.05,
p < 0.1.