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We examine the impact of pharmaceutical innovation on the longevity of Australians during the period 1995-2003. Due to … the government's Pharmaceutical Benefits Scheme, Australia has much better data on drug utilization than most other …
Persistent link: https://www.econbiz.de/10012771909
This paper is a re-examination of the relationship between research and development (R&D) activity and total factor productivity (TFP) at the industry level during the period extending from the early 1960's to the mid-1970's. The data base consists of NSF data on applied R&D expenditures by...
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We investigate the effect of therapeutic procedure innovation in general on the longevity of all hospital patients, i … private hospitals in Western Australia (WA) during the period 2000-2007. We can measure survival for a period as long as 8 … patient-level data indicate that therapeutic procedure innovation increased the life expectancy of WA hospital patients by …
Persistent link: https://www.econbiz.de/10013114013
rates constitute evidence of success against cancer, using data from both the U.S. and Australia. When incidence growth is … reduced the unconditional mortality rate by about 15% in the U.S. between 1976 and 2002, and by about 15% in Australia between …
Persistent link: https://www.econbiz.de/10013069769
This study examines the effect of changes in the vintage distribution of cardiovascular system drugs on hospitalization and mortality due to cardiovascular disease using longitudinal country-level data. The vintage of a drug is the first year in which it was marketed anywhere in the world. We...
Persistent link: https://www.econbiz.de/10012759312
innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …
Persistent link: https://www.econbiz.de/10012920880
An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …
Persistent link: https://www.econbiz.de/10012922975