Abstract
During the last decade a huge progress in econometric studies has been made in developing models with so-called latent or unobservable variables.1 In this paper we apply the latent variable technique in the field of the health care sector. Health, being one of the most predominant explanatory variables for health indicators like the use of health care facilities or sick-leave, is an outstanding example of a latent variable. During the last years some studies have appeared specifying health as a latent variable.2 One of the profits of these MIMIC-models3 is that it yields an ‘index of the health status’. This MIMIC-Health Status Index (MIMIC-HSI) is fully characterized by its causes (health determining factors) and by its indicators (health indicators).
A previous version of this article has been presented at the European Meeting of the Econometric Society, Dublin, September 1982.
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© 1991 Kluwer Academic Publishers
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van de Ven, W.P.M.M., Hooijmans, E.M. (1991). The MIMIC health status index. In: Duru, G., Paelinck, J.H.P. (eds) Econometrics of Health Care. Advanced Studies in Theoretical and Applied Econometrics, vol 20. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2051-4_2
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DOI: https://doi.org/10.1007/978-94-009-2051-4_2
Publisher Name: Springer, Dordrecht
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