Outbound US medical tourism to selected Asian countries Online publication date: Tue, 23-Nov-2010
by Matiur Rahman
International Journal of Behavioural and Healthcare Research (IJBHR), Vol. 2, No. 1, 2010
Abstract: Medical tourism is expanding exponentially in the age of globalisation. People are increasingly seeking comparable and cheaper medical procedures in other countries in light of their rapidly escalating costs in home countries. This paper attempts to explore this issue of growing importance by studying the likely effects of relative costs of 12 selected medical procedures on the number of US medical tourists to India, Singapore and Thailand during 2008. Time-series-cross-section (TSCS) data are used. There are weak evidences of positive causal influences of relative costs on outbound US medical tourism. The empirical findings of the paper conform to the inference drawn from the mathematical model, as developed in this paper.
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