Population Aging and Healthcare Expenditure in Korea.

  title={Population Aging and Healthcare Expenditure in Korea.},
  author={Kyung-Rae Hyun and Sungwook Kang and Sunmi Lee},
  journal={Health economics},
  volume={25 10},
Korea's rapid population aging has been considered as a major factor in increase of healthcare expenditure (HCE). However, there were no clear empirical evidences in Korea that show if population aging has a significant impact on HCE. To examine the 'red herring' argument, this study used Heckman, two-part, and augmented model with Korean National Health… CONTINUE READING