APPLYING BETA-TYPE SIZE DISTRIBUTIONS TO HEALTHCARE COST REGRESSIONS
APPLYING BETA-TYPE SIZE DISTRIBUTIONS TO HEALTHCARE COST REGRESSIONS
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DOI:
10.1002/jae.2334
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发表时间:
2014-06-01
影响因子:
2.1
通讯作者:
Rice, Nigel
中科院分区:
文献类型:
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作者:
Jones, Andrew M.;Lomas, James;Rice, Nigel
This paper extends the literature on modelling healthcare cost data by applying the generalised beta of the second kind (GB2) distribution to English hospital inpatient cost data. A quasi-experimental design, estimating models on a sub-population of the data and evaluating performance on another sub-population, is used to compare this distribution with its nested and limiting cases. While for these data the beta of the second kind (B2) distribution and generalised gamma (GG) distribution outperform the GB2, our results illustrate that the GB2 can be used as a device for choosing among competing parametric distributions for healthcare cost data. Copyright (c) 2013 John Wiley & Sons, Ltd.