This papers aims to determine the optimal rotation and the best alternative use of a forest stand when wood price is assumed to follow a Geometrical Brownian Motion and the externality generated by the forest capacity to reduce the level of carbon dioxide in the air is adequately taken into...

Current cost-based approach in measuring health care output does not allow decomposition of health care expenditure into price and output components. In this paper we propose an episode-based direction measurement method which closely resembles the concept of output in the system of national...

Increase in medical spending is an issue in all the developed countries and particularly in Canada. However, given that medical technology is evolving rapidly, we do not know whether price or quantity/quality of services is responsible for more of this increase. The objective of this study is to...

This discussion document estimates the contribution of the public sector, business and households in the financing of total health expenditures in Canada in 2006. It suggests a detailed methodological framework to come up with such an estimate. Total health expenditures without taking into...

Public spending on health in Canada has reach $121 billion in 2008; an average annual increase of 7.4% compared to the 1998 level. For the same period, total government revenue has grown at an average annual rate of 5.2%. This fact has led some stakeholders to conclude that health spending is...

This document concentrates on the changes to the Canada Health Transfer (CHT) allocation and the most effective way to evenly distribute the CHT budget across provinces. Three main formulas were considered throughout the study: the current allocation under the Ten Year Plan to Strengthen...

Few studies have dealt with the growth of hospital costs by medical condition. In Canada, most existing studies address the level of costs for certain illnesses in a given year; they have not tackled changes in hospital costs by disease. This document on acute care costs by medical condition...