Table 6. Mortality-health expenditure nexus from 2007–2008 (during the global financial crisis).
lnCHE, Coef. | C | R2 | S.E | QD | SP | P-value | Q.LR | |
---|---|---|---|---|---|---|---|---|
lnIMR | ||||||||
0.05 q | -0.8232* [0.1688] | 2.7234* [0.3103] | 0.0809 | 1.8960 | 1.1632 | 5.8691 | <0.0001 | 20.0304 |
Median q | -1.0183* [0.1452] | 4.6225* [0.2313] | 0.0674 | 1.0224 | 2.9339 | 3.0025 | <0.0001 | 28.6970 |
0.95 q | -0.0878 [0.0669] | 4.5723 [0.1165] | 0.0070 | 1.8356 | 4.4140 | 4.4237 | 0.1704 | 1.8792 |
lnMMR | ||||||||
0.05 q | -0.6308* [0.2696] | 2.8086* [0.5111] | 0.0371 | 2.9516 | 1.6094 | 8.3313 | 0.0024 | 9.2444 |
Median q | -1.2204* [0.2522] | 6.1326* [0.3992] | 0.0385 | 1.6212 | 4.0775 | 5.0038 | 0.0001 | 15.4118 |
0.95 q | 0.0809 [0.1545] | 6.5077* [0.2677] | 0.0005 | 2.9557 | 6.6134 | 6.9039 | 0.7051 | 0.1432 |
Notes: lnCHE, shows the marginal effect, q means Quantile, R2 represents Pseudo R-squared, S.E is the standard error of the regression, QD is the Quantile dependent var, SP denotes Sparsity, Q.LR means Quasi-LR statistic and P-value is the probability of the Quasi-LR statistic.
* represents 1% significance level (p < 0.01), and the Standard error in parentheses [..].