A Bayesian analysis of the OPES model with a nonparametric component: an application to dental insurance and dental care

Munkin, Murat K. and Trivedi, Pravin K. (2008). A Bayesian analysis of the OPES model with a nonparametric component: an application to dental insurance and dental care. In Gary Koop, Siddhartha Chib, William Griffiths and Dek Terrell (Ed.), Bayesian Econometrics (pp. 87-114) Bingley, United Kingdom: Emerald Group Publishing. doi:10.1016/S0731-9053(08)23003-3


Author Munkin, Murat K.
Trivedi, Pravin K.
Title of chapter A Bayesian analysis of the OPES model with a nonparametric component: an application to dental insurance and dental care
Title of book Bayesian Econometrics
Place of Publication Bingley, United Kingdom
Publisher Emerald Group Publishing
Publication Year 2008
Sub-type Chapter in reference work, encyclopaedia, manual or handbook
DOI 10.1016/S0731-9053(08)23003-3
Open Access Status
Series Advances in Econometrics
ISBN 9781848553088
9781848553095
ISSN 0731-9053
Editor Gary Koop
Siddhartha Chib
William Griffiths
Dek Terrell
Volume number 23
Chapter number 4
Start page 87
End page 114
Total pages 28
Total chapters 21
Language eng
Formatted Abstract/Summary
This paper analyzes the effect of dental insurance on utilization of general dentist services by adult US population aged from 25 to 64 years using the ordered probit model with endogenous selection. Our econometric framework accommodates endogeneity of insurance and the ordered nature of the measure of dental utilization. The study finds strong evidence of endogeneity of dental insurance to utilization and identifies interesting patterns of nonlinear dependencies between the dental insurance status and individual's age and income. The calculated average treatment effect supports the claim of adverse selection into the treated (insured) state and indicates a strong positive incentives effect of dental insurance.
Q-Index Code B1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Book Chapter
Collection: School of Economics Publications
 
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Created: Tue, 07 Oct 2014, 15:27:23 EST by Alys Hohnen on behalf of School of Economics