Analysis of Real and Anticipated Economic Shock Effect on Iranian Health Expenditures

Ali-Mohamad Ahmadi¹ Alireza Abdi² Nima Mohamadnejad³

1) Assistant Professor of Health Economics, Faculty of Economics and Management, Tarbiat Modares University, Iran. Email:
2) Ph.D Candidate of Health Economics, Faculty of Economics and Management, Tarbiat Modares University, Iran. Email:
3) Ph.D Candidate of Health Economics, Faculty of Economics and Management, Tarbiat Modares University, Iran. Email:

IOI Code : XYAC-ZCAEE
Publication : 3rd.International Conference on Modern Research’s in Management,Economics & Accounting(3meaconf.com)
Abstract :
    Nowadays business cycles are one of the evident characteristics of most economies that could affect micro and macro economic factors. Analysis of anticipated and real effects of economic shocks on household’s health expenditure in different quantiles is the purpose of this study. This study contains 151880 Iranian household and all needed data extracted from household budget survey that is available in Iranian Statistics Center and the period of study is 2007-2013. Quantile regression instead of regular regression is used to estimate and analyze the hypothesis of this article. Results show that business cycles could have significant effects on household’s health expenditures, also, real and expected business cycles could affect health expenditures. This study shows that aggregate effect of recent depression on Iranian household’s health expenditures is negative.

Keywords : economic shocks real and anticipated effects health expenditure household budget