Table 5.
Parameter estimates for the population-averaged model of NLTCS data: heteroscedastic gamma
| Parameter | GMM estimate | Standard error | p-value |
|---|---|---|---|
| Part I: incurring expenditures | |||
| Intercept | 8.8267 | 1.3426 | 0.0000 |
| Unmet need | −0.1528 | 0.1320 | 0.2472 |
| ADL 3–5 | −0.3924 | 0.1460 | 0.0072 |
| Age | −0.0848 | 0.0128 | 0.0000 |
| Gender (female) | −1.7840 | 0.3900 | 0.0000 |
| Race (white) | 0.8102 | 0.1883 | 0.0002 |
| Part II: amount of positive expenditures | |||
| Intercept | 6.2887 | 0.3366 | 0.0000 |
| Unmet Need | 0.3140 | 0.0898 | 0.0005 |
| ADL 3–5 | 0.4425 | 0.0677 | 0.0000 |
| Age | 0.0193 | 0.0044 | 0.0001 |
| Gender (female) | 0.2302 | 0.0974 | 0.0181 |
| Race (white) | −0.5433 | 0.1318 | 0.0000 |
| Part III: Dispersion parameter | |||
| Intercept | 2.0874 | 0.1970 | 0.0000 |
| Unmet Need | −0.1166 | 0.0451 | 0.0097 |
| ADL 3–5 | −0.3217 | 0.0375 | 0.0000 |
| Age | −0.0306 | 0.0024 | 0.0000 |
| Gender (female) | −0.6493 | 0.0501 | 0.0000 |
| Race (white) | 0.2601 | 0.0535 | 0.0000 |