Russo, Letícia Xander - In: Economic and environmental studies : a journal for … 16 (2016) 4, pp. 717-728
This study examines whether health care is affected by Baumol’s cost disease in a scenario of no growth. Baumol's model implies that stagnant sectors are driven by wage increases in excess of productivity growth. But in a no growth economy the income is constant. It is investigated in two...