investments in their education and in which we allow for health-related gender differences in productivity. We show that better …We analyze the economic consequences for less developed countries of investing in female health. In so doing we … female health speeds up the demographic transition and thereby the take-off toward sustained economic growth. By contrast …

Michael Grossman's seminal publication on the demand for health and health production (Grossman 1972) has spawned a … substantial body of research focusing on the production of infant health. This article provides a systematic review of the … published literature to date on infant health production and how it has evolved over the past 3-4 decades as data have become …

medical preventive measures improve expected health, they do not save money. Various lifestyle and early childhood … interventions, however, may both save money and improve health. Second, preventive measures, including medical and lifestyle …, generalizations in everyday discourse about the value of prevention can be overly broad. Third, health insurance coverage for medical …

Health care providers may vertically integrate not only to facilitate coordination of care, but also for strategic … health outcomes. Our findings suggest that subjecting integrated providers to higher-powered reimbursement incentives, i ….e., less cost-sharing, may enhance medical productivity. More generally, we conclude that it may be efficient for purchasers of …

investments in children, starting from encouraging pre-natal and maternal care and early childhood health interventions and … targeted indicators, increasing usage of trained health professionals for childbirth dramatically and halving the share of …

In this survey of recent research in health economics, I concentrate on studies that have appeared since 1971 or are in … are covered: (1) demand for adults' health and medical care; (2) effects of health on labor supply and wage rates; (3 …) demand for children's health and medical care and (4) selected topics pertaining to the supply side of the medical care …

Economists use micro-based and macro-based approaches to assess the effects of health on economic growth. The micro … economic return on health. We reconcile these two strands of literature by showing that the point estimate of the macroeconomic … effect of health is quantitatively close to that found by aggregating the microeconomic effects, when carefully specifying …

We develop an economic framework for valuing improvements to health and life expectancy, based on individuals … by about $1.5 trillion per year since 1970. The potential gains from future innovations in health care are also extremely …

consumption. We investigate whether an aggregate health production function can help to explain the substantial fluctuations in … the rate of increase in longevity since 1960. We view longevity as the output of the health production function, and … models using annual U.S. time-series data on life expectancy, health expenditure, and medical innovation. Reliable annual …