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 …

diseases and the effects of public health interventions designed to control them. Several key points include: differences in …

positively on the level of survival from other causes. This means that a specific public health intervention has benefits other … World Health Organization …

Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary …, and empirical evidence on, the economics of risky health behaviors. It describes traditional economic approaches … increase social welfare. The chapter summarizes the literature on the consequences of risky health behaviors for economic …

The health sector is filled with institutions and decision-making circumstances that create friction in markets and … cognitive errors by decision makers. This paper examines the potential contributions to health economics of the ideas of … quality of care. It also touches on issues related to insurance and the demand for health care. The paper argues that long …

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 …

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 …