Objective
Econometric modelling of healthcare costs serves many purposes: to obtain key parameters in cost-effectiveness analyses; to implement risk adjustment in insurance systems; and to examine the impact of risk factors such as smoking and obesity. Modelling healthcare costs is challenging because the cost data are typically non-negative, heavy tailed and highly skewed.
Filling the gap in the literature: SPEM will develop an ambitious research programme that simultaneously meet these conditions: (1) no need for retransformation of costs; (2) be able to estimate both the conditional mean and the whole distribution; (3) no need to differentiate zero costs from positive costs; (4) be less parametric and more flexible; and (5) be able to accommodate panel data. Such a method does not exist in the literature. Another highlight of SPEM is that the new method will be used for out-of-sample prediction and full distributional analysis which are typically not considered in the semiparametric framework.
Promoting more informed decision making: SPEM will produce accurate and robust estimates of the relationship between childhood obesity and healthcare costs, which are crucial in the design and evaluation of government programmes aimed at treating and preventing childhood obesity. This will be achieved through an empirical application. The Longitudinal Study of Australian Children (6 waves: 2004-2014) and linked records from Medicare will be used to investigate the relationship between childhood obesity and healthcare costs.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences data science
- social sciences economics and business economics econometrics
- social sciences economics and business economics health economics
- medical and health sciences health sciences nutrition obesity
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.1.3. - EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions
MAIN PROGRAMME
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H2020-EU.1.3.2. - Nurturing excellence by means of cross-border and cross-sector mobility
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
MSCA-IF-EF-ST - Standard EF
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-MSCA-IF-2016
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
YO10 5DD YORK NORTH YORKSHIRE
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.