Table 7. Mortality-health expenditure nexus from 2009–2015 (post-global financial crisis).
| lnCHE, Coef. | C | R2 | S.E | QD | SP | P-value | Q.LR | |
|---|---|---|---|---|---|---|---|---|
| lnIMR | ||||||||
| 0.05 q | -0.8404* [0.0620] | 2.7094* [0.1205] | 0.0917 | 1.8282 | 0.9555 | 5.5402 | <0.0001 | 83.8396 |
| Median q | -1.1533* [0.0715] | 4.7872* [0.1056] | 0.1089 | 0.9821 | 2.7973 | 2.7400 | <0.0001 | 177.5534 |
| 0.95 q | -0.1523* [0.0549] | 4.4985* [0.0912] | 0.0088 | 1.7948 | 4.2781 | 3.8592 | 0.0018 | 9.7249 |
| lnMMR | ||||||||
| 0.05 q | -0.8592* [0.1315] | 3.2725* [0.2583] | 0.0496 | 2.8060 | 1.6094 | 7.8789 | <0.0001 | 45.7502 |
| Median q | -1.5718* [0.1257] | 6.7475* [0.1651] | 0.0773 | 1.5651 | 4.0254 | 5.0378 | <0.0001 | 107.0256 |
| 0.95 q | -0.1015 [0.1030] | 6.7037* [0.1716] | 0.0005 | 2.9326 | 6.5681 | 6.5027 | 0.4532 | 0.5626 |
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 [..].