Health Capital Depreciation and Medical Care Demand: An Empirical Study of Taiwan's Senior Citizens

This research aims at studying health capital depreciation of senior citizens and their corresponding medical care demand. Qualitative response models are constructed, followed by empirical studies. Data is collected from inpatients of Center for Geriatrics and Gerontology at Taichung Veterans General Hospital from 2008 to 2012. All test subjects are under comprehensive geriatric assessment to characterize levels of health capital depreciation. Medical care demand is defined by length of hospital stay.