Title
An Economic Analysis of Health Care in China
Author(s)
Gregory C. Chow Gregory Chow (Princeton University)
Abstract
After describing the institutions for health care in China as they evolved since 1949, this paper presents statistical demand functions for health care. It applies the demand functions to explain the rapid increase in health care demand and the resulting rapid increase in price when supply failed to increase. The failure in increase in supply was traced to the system of public supply of healthcare in China. The reform experience of Suqian city in the privatization of healthcare is reported to demonstrate the positive effect of privatization on supply. The government's health care program for the urban and rural population is described and an evaluation of it is provided.
Creation Date
2006-08
Section URL ID
CEPS
Paper Number
132
URL
https://gceps.princeton.edu/wp-content/uploads/2017/01/132chow.pdf
File Function
Jel
I11, I18, L33, O15, P25, P36, R23
Keyword(s)
China
Suppress
false
Series
3