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1 décembre 2019
- handle: 10670/1.rfcpvu
Ce document est lié à :
10.15446/cuad.econ.v38n77.66189
info:eu-repo/semantics/openAccess
Mots-clés
Healthcare pass-through exchange rate FAVAR inflationSujets proches
Health care delivery Health services Personal health services Medical services Medical and health care industry Delivery of medical care Health care Healthcare Delivery of health careCiter ce document
Sergio I. Prada et al., « EXCHANGE RATE PASS-THROUGH INTO CONSUMER HEALTHCARE PRICES IN COLOMBIA », Cuadernos de Economía, ID : 10670/1.rfcpvu
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Résumé
The exchange rate pass-through into the consumer price index on healthcare goods and services was measured by estimating a FAVAR model for Colombia. Results provide evidence of an incomplete and heterogeneous effect. There is no indication of transmission to the services or insurance indexes, but there is a significant effect on the medicines and devices indexes that have implications for out-of-pocket expenditure. Therefore, this indicates that the Colombian healthcare system effectively protects consumers from exchange rate volatility, but may need to design policies to protect consumers from price rises in medicines and goods that are not covered by the national benefits package. JEL: I10, I18, E31, E37, F31.