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Table 2 The lagged effectiveness of fiscal rules

From: Fiscal rules, powerful levers for controlling the health budget? Evidence from 32 OECD countries

 

Public health care expenditure in log

 

(1)

(2)

(3)

(4)

(5)

(6)

 

One year lag

Two year lag

FR

−0.04***

  

−0.05***

  
 

(0.01)

  

(0.01)

  

ER

 

−0.05***

  

−0.06***

 
  

(0.01)

  

(0.01)

 

BBR

  

−0.04***

  

−0.05***

   

(0.01)

  

(0.01)

Country FE

Y

Y

Y

Y

Y

Y

Year FE

Y

Y

Y

Y

Y

Y

N

717

717

717

717

717

717

adj. R2

0.997

0.997

0.997

0.997

0.997

0.997

  1. Columns 1 to 3 show effects with one year lag, and columns 4 to 6 show effects with two year lag. Dependent variable public health care expenditure is adjusted for inflation and purchasing power. Appendix 4 provides a full table, including all control variables. Standard errors are in parentheses
  2. ***p < 0.001
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BMC Public Health

ISSN: 1471-2458

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