Table 5.

Decomposition of the implied equilibrium IRHI in 1999.

	Decomposition Analysis
	Conc. Index	Health share	Contribution
	CI	η		Share
IRHI in 1999: $C{I}_{ss}^h$	0.02095***	–	–	–
	0.00129
Equilibrium IRHI: $C{I}_{ss}^{{\hat{h}}^{*}}$	0.02982***	–	0.02982***	100.0%
	0.00240		0.00240
of which due to:
LNINCOME99	0.11934***	0.11799***	0.01408***	47.2%
	0.00165	0.02013	0.00239
SMOKING99	−0.07904***	−0.00810***	0.00064***	2.1%
	0.01647	0.00183	0.00020
AGE99	−0.05111***	0.06015	−0.00307	−10.3%
	0.00351	0.04739	0.00247
AGESQ99	−0.11029***	−0.13519***	0.01491***	50.0%
	0.00631	0.02769	0.00329
MALE	0.05409***	0.01744***	0.00094***	3.2%
	0.00536	0.00313	0.00020
NONWHITE	0.07027***	−0.00199	−0.00014	−0.5%
	0.01858	0.00143	0.00011
ADVEDUC	0.24303***	0.00923**	0.00224**	7.5%
	0.01074	0.00369	0.00090
STDEDONLY	0.02010*	0.01089***	0.00022	0.7%
	0.01110	0.00328	0.00014
constant	0	0.92958***	0	0%
	–	0.03032	–	–

Source: Authors’ calculations based on Eq. (16) using all those present in 1999. Bootstrapped standard errors in italics based on 2000 replications. Statistical significance at 1%, 5% and 10% levels are denoted by ***, ** and *, respectively.