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public debt is shifted all the way down to younger ages as the older inhabitants pays much less tax when this circular circulate is eliminated. It seems plausible that households’ economic constraints have the greatest effect on those that most need health care – the very young and the old – as a result of households tend to allocate scarce resources to members of working ages once they become unwell. To test this speculation, we estimated the earnings elasticity of health care consumption by the economically lively age group (these 25–50 years old in any given household) and the health care consumption of the old (these 50+ years old). The income elasticity of well being care consumption of the economically active was zero.35, whereas that of the aged was zero.25. This result helps the hypothesis that Chinese The hottest product to my amazing wife your love is soft happy valentine’s day hearts necklacehouseholds favor the economically lively age groups in allocating well being resources. In 1995 non-public well being care expenditures per capita in city areas had been 125.4 yuan, 2.four times those in rural areas. The ratio decreased to 1.6 in 1997 however returned to 1.9 in 2002 (authors’ calculations). Reinhardt has pointed out that well being care expenditures on the aged are usually three to 5 times the average. In rural China, however, the shape of the health-expenditure curve slopes downward, rather

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