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KMID : 0377619900550090615
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Korean Jungang Medical Journal
1990 Volume.55 No. 9 p.615 ~ p.621
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A Study on the Determinants of the Demand for medical Care
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Min Hye-Sook
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Abstract
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The objective of this study is to find out the characteristics of Korean demand for medical care from 1970 to 1987. Expecially we choose the economic factors among various factors, which have influences on the demand for medical care, build some models of Korean medical care, estimate the coefficients of these models, and interpret the implication of the estimated results.
The implications of this results are as follows.
Firstly, we get the coefficients of price and income, which are in accordance with the demand theory.
Secondly, the pride elasticity of outpatient demand is higher than that of inpatient demand, but the reverse is true in the case of income elasticity.
Thirdly, the hypothesis that medical manpower creats the demand for medical care is interpreted to be applicable to korean case.
Fourthly, It is confirmed that there is much change in terms of structure and quality of Korean demand for medical care after the initiation of the national medical insurance.
Fifthly, after the national medical insurance begins, the price elasticities of outpatient and inpatients become much higher than before, but the income elasticities of them become a little higher than before.
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KEYWORD
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