Showing 1 - 10 of 12
Health care expenditures have been increasing sharply in the last ten years, with spending on mental health disorders being particularly prominent. Over the same time period, a number of new antipsychotic medications have been added to the armamentarium for treatment of persons diagnosed with...
Persistent link: https://www.econbiz.de/10005050061
We review in considerable detail the conceptual and measurement issues that underlie construction of medical care price indexes in the U.S., particularly the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). We outline salient features of the medical...
Persistent link: https://www.econbiz.de/10005050391
Although broad trends in medical spending in the U.S. over the last decade have received widespread attention from policymakers, very little attention has focused on the components of those changes. For many other industries, economists typically divide nominal expenditures by an official...
Persistent link: https://www.econbiz.de/10005723024
innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors. …
Persistent link: https://www.econbiz.de/10008727849
This paper explores the patterns of citations among patents taken out by inventors in the U.S., the U.K., France, Germany and Japan. We find (1) patents assigned to the same firm are more likely to cite each other, and come sooner than other citations; (2) patents in the same patent class are...
Persistent link: https://www.econbiz.de/10005714546
As patent data become more available in machine-readable form, an increasing number of researchers have begun to use measures based on patents and their citations as indicators of technological output and information flow. This paper explores the economic meaning of these citation-based patent...
Persistent link: https://www.econbiz.de/10005714551
effect on the performance of domestic firms relative to their foreign competitors, by stimulating domestic innovation. We … examine the stylized facts regarding environmental expenditures and innovation in a panel of manufacturing industries. We find …
Persistent link: https://www.econbiz.de/10005714837
To overcome the problem of insufficient research and development (R&D) on vaccines for diseases concentrated in low-income countries, sponsors could commit to purchase viable vaccines if and when they are developed. One or more sponsors would commit to a minimum price that would be paid per...
Persistent link: https://www.econbiz.de/10005778504
The paper investigates whether patent fees are an effective mechanism to deter the filing of low-quality patent applications. The study analyzes the effect of the Patent Law Amendment Act of 1982, which resulted in a substantial increase in patenting fees at the U.S. Patent and Trademark Office,...
Persistent link: https://www.econbiz.de/10011105939
Health accounts document changes over time in the level and composition of health spending. There has been a continued evolution in the ability to track such outlays. Less rapid has been the ability to interpret changes in spending. In this paper we apply quality adjusted price indexes for...
Persistent link: https://www.econbiz.de/10005061548