Elasticities of Market Shares and Social Health Insurance Choice in Germany: A Dynamic Panel Data Approach

Tamm M, Tauchmann H, Wasem J, Greß S (2007)


Publication Language: English

Publication Type: Journal article

Publication year: 2007

Journal

Publisher: Wiley-Blackwell

Book Volume: 16

Pages Range: 243-256

Journal Issue: 3

DOI: 10.1002/hec.1167

Abstract

In 1996, free choice of health insurers was introduced to the German social health insurance system. One objective was to increase efficiency through competition. A crucial precondition for effective competition among health insurers is that consumers search for lower-priced health insurers. We test this hypothesis by estimating the price elasticities of insurers' market shares. We use unique panel data and specify a dynamic panel model to explain changes in market shares. Estimation results suggest that short-run price elasticities are smaller than previously found by other studies. In the long-run, however, estimation results suggest substantial price effect. Copyright © 2006 John Wiley & Sons, Ltd.

Authors with CRIS profile

How to cite

APA:

Tamm, M., Tauchmann, H., Wasem, J., & Greß, S. (2007). Elasticities of Market Shares and Social Health Insurance Choice in Germany: A Dynamic Panel Data Approach. Health Economics, 16(3), 243-256. https://dx.doi.org/10.1002/hec.1167

MLA:

Tamm, Marcus, et al. "Elasticities of Market Shares and Social Health Insurance Choice in Germany: A Dynamic Panel Data Approach." Health Economics 16.3 (2007): 243-256.

BibTeX: Download