This paper presents an industry equilibrium model of vertical integration under contractualimperfections with speci…c input suppliers and external investors. I assume that vertical inte-gration economizes on the needs for contracts with speci…c input suppliers at the cost of higher…xed costs....

The main determinants of the financial problems of the German statutory health and longtermcare systems are demographic aging, the medical-technical progress as well as thedisproportionate cost increase in long-term care services. Concerning these factors, onlyreform concepts on the expenditure...

Seit einigen Jahren wird in Deutschland über Veränderungen in der Finanzierungund im Leistungskatalog des Krankenversicherungssystems intensiv diskutiert. Dabeiwerden häufig problematische Anreizstrukturen im Hinblick auf das Verhaltender Versicherten genannt. Insbesondere haben Versicherte...

An important discussion in recent years is the introduction of product patentsand the abolition of process patents. In a model with endogenous number of innovatingfirms, we show that whether product patent increases R&D is ambiguous, and depends onthe type of market demand and the cost of R&D....

There is a longstanding concern that material incentives might undermine prosocial motivation, leading to a decrease in blood donations rather than an increase. This paper provides an empirical test of how material incentives affect blood donations in a large-scale field experiment spanning...

The paper provides a methodology which is suitable for the analysis of the socialcost of disease and the benefits and cost of health intervention by integrating public healthanalysis and economics. The approach developed in the paper is applied to food-bornediarrhea in Rwanda. The results...

We examine the relationship between common sources of airborne pollution and population mortality in present day England. The current air quality limit values are low by both historical and international standards, and these are set at levels which are believed not to be harmful to health. We...

This microeconometric study analyzes the effects of individual leisure sports participation on long-term labour market variables, on socio-demographic as well as on health and subjective well-being indicators for West Germany based on individual data from the German Socio-Economic Panel study...

Die Intensivmedizin ist einer der kostenintensivsten aber auch kostensensibelsten Bereiche eines Krankenhauses: Von 552.680 Krankenhausbetten in Deutschland sind 23.249 Intensivmedizinbetten (4,2 % aller Krankenhausbetten), 3 - 5 % aller stationären Patienten werden intensivmedizinisch...

Business support policies designed to raise productivity and employment are commonworldwide, but rigorous micro-econometric evaluation of their causal effects is rare. Weexploit multiple changes in the area-specific eligibility criteria for a major program to supportmanufacturing jobs...