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Medical innovations and ageing : a health economics perspective
Grossmann, Volker - 2021
This paper discusses the relationship between medical innovations and ageing from a health economics perspective and surveys empirical evidence on medical R&D incentives, R&D costs of pharmaceuticals, and the cost-effectiveness of health innovations. Particular focus is on the endogeneity of...
Persistent link: https://www.econbiz.de/10012653346
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Medicare and the rise of American medical patenting : the economics of user-driven innovation
Clemens, Jeffrey; Olsen, Morten - 2021
Innovation is part idea generation and part development. We build a model of "innovating-by-doing," whereby ideas come to practitioners. Successful innovation requires that practitioners' ideas be developed through costly effort. Our model nests existing theories of laboratory research and...
Persistent link: https://www.econbiz.de/10012500504
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Physicians and the production of health : returns to health care during the mortality transition
Liebert, Helge; Mäder, Beatrice - 2022
Persistent link: https://www.econbiz.de/10013177111
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Physician density and infant mortality : a semiparametric analysis of the returns to health care provision
Liebert, Helge; Mäder, Beatrice - 2018
This paper investigates the effect of physicians on infant mortality, stillbirths and the incidence of common childhood … endogeneity of health care supply is addressed by using the expulsion of Jewish physicians from health insurance schemes by the … control function approach. Our results indicate that the marginal returns to physicians are highly nonlinear and decreasing. …
Persistent link: https://www.econbiz.de/10011898604
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Strategic interaction in the market for physician services : the treadmill effect in a fixed budget system
Benstetter, Franz; Wambach, Achim - 2001
We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves { compared to a fee-for-service remuneration system { a severe coordination problem, which potentially leads to the...
Persistent link: https://www.econbiz.de/10011398025
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Growth and welfare under endogenous lifetime
Schneider, Maik T.; Winkler, Ralph - 2017 - This Version: February 2017
We study the role of endogenous healthcare choices by households to extend their expected lifetimes on economic growth and welfare in a decentralized overlapping generations economy with the realistic feature that households' savings are held in annuities. We characterize healthcare spending in...
Persistent link: https://www.econbiz.de/10011611936
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Demand shocks, procurement policies, and the nature of medical innovation : evidence from wartime prosthetic device patents
Clemens, Jeffrey; Rogers, Parker - 2020
patenting in other medical and mechanical technology classes. Second, we find that the Civil War led inventors to focus broadly …
Persistent link: https://www.econbiz.de/10012388245
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The gift of a lifetime : the hospital, modern medicine, and mortality
Hollingsworth, Alex; Karbownik, Krzysztof; Thomasson, … - 2022
-of-the-art medical technology, attract qualified medical personnel, and refine management practices. We find that access to a Duke … attracted higher-quality physicians and were better able to take advantage of new medical innovations. …
Persistent link: https://www.econbiz.de/10013454014
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Technology agreements with heterogeneous countries
Hoel, Michael; Zeeuw, Aart de - 2014
For sufficiently low abatement costs many countries might undertake significant emission reductions even without any international agreement on emission reductions. We consider a situation where a coalition of countries does not cooperate on emission reductions but cooperates on the development...
Persistent link: https://www.econbiz.de/10010246011
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Technology lock-in and optimal carson pricing
Hawkins-Pierot, Jonathan T.; Wagner, Katherine R. H. - 2022
effects of entry-year electricity prices on subsequent energy intensity. We discuss how this "technology lock-in" increases …
Persistent link: https://www.econbiz.de/10013202425