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medical "technology"-is responsible for the majority of growth in medical expenditure. And yet, the principle means of … understanding medical technology is through the use of total factor productivity, which, despite giving reasonable estimates of the … magnitude of the effects, is not a theory of technology, leaving policymakers without effective tools for prediction. This paper …
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Christoph Heible evaluiert die gesundheitswirtschaftlichen Effekte des medizinisch-technologischen Fortschritts und des demografischen Wandels auf Basis modellgestützter und szenarienbasierter Analysen. Der Autor belegt u.a., dass von medizinisch-technischem Fortschritt nicht zwangsläufig...
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determined by individuals’ investments in healthcare. We find that improvements in the healthcare technology always increase the …
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determined by individuals' investments in healthcare. We find that improvements in the healthcare technology always increase the … ; endogenous longevity ; healthcare expenditures ; healthcare technology ; quality-quantity trade-off …
Persistent link: https://www.econbiz.de/10008760469
This paper investigates the link between health care expenditures and GDP for a sample of 21 OECD countries using recent developed panel cointegration techniques. In contrast to previous studies, the analysis accounts for the fact that health care expenditures are not only determined by income....
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