Estimating Regional Price Parities Using New Data on Medical Goods and Services (PDF)

I report on a project to improve estimates of Regional Price Parities (RPPs) by making use of a large commercial dataset on health care prices, the Health Marketscan dataset. Using the new data, I obtain estimates of regional price levels for health related goods and services that are stable across years and that vary less across regions than existing estimates obtained using CPI data.


James P. Choy

JEL Code(s) E31 Published