Lichtenberg, Frank R.; Pettersson, Billie - In: Economics of Innovation and New Technology 23 (2014) 3, pp. 239-273
We use longitudinal, disease-level data to analyze the impact of pharmaceutical innovation on longevity and medical expenditure in Sweden, where mean age at death increased by 1.88 years during the period 1997-2010. Pharmaceutical innovation is estimated to have increased mean age at death by...