The Impact of a Universal Health Coverage Scheme on Precautionary Savings

Evidence from Thailand

Datos Bibliográficos

ID7756477
AutoresKoichi Ushijima (0000-0003-4297-6506, University of Tsukuba, autor de correspondencia)
Año2021
Volumen69
Número3
Páginas1203-1237
Fecha de publicación2021-04-01
Open AccessNo
TipoARTICLE
RevistaEconomic Development and Cultural Change (JOURNAL)
Identificadores de la revistaISSN: 0013-0079 • E-ISSN: 1539-2988
EditorialUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/703236
OpenAlexW2238749522
IdiomaEN
Citas recibidas1
Referencias citadas20

This study examines the impact of Thailand’s Bt30 universal health care scheme on household saving behavior using Thai Household Socio-Economic Survey data from 2000, 2001, and 2004. Using two difference-in-differences approaches, I find that saving behavior changed after the scheme’s introduction. First, the propensity to save decreases by approximately 14%–17%, which constitutes 24%–30% of the propensity to save out of permanent income in 2004. Second, the propensity to save out of permanent income decreases immediately after the scheme’s introduction. Hence, even poor households significantly reduce their living standards to prepare for unpredictable health risks

Business · Demographic economics · Developing country · Economic growth · Economics · Environmental health · Health care · Propensity score matching · Scheme (mathematics) · Agricultural risk and resilience · Global Health Care Issues · Healthcare Systems and Reforms · Mathematics · Medicine

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