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LOTERRE

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Concept information

social science subjects > health and social care > health policy > health care as luxury goods
social science subjects > economics > economic concepts > health care as luxury goods

Terme préférentiel

health care as luxury goods  

Définition(s)

  • For a luxury good, the ratio of the increase in demand for that good to any attendant increase in income will exceed unity. This ratio, that is, the percent increase in quantity of a good demanded divided by the percent increase in income, is termed the income elasticity of demand (Ei). [Source: Encyclopedia of Health Care Management; Health Care as Luxury Goods]

Concept(s) générique(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-C8FR63MR-F

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