proliferation of hi-tech medicine in acute care is clearly at odds with the assumption underlying Baumol's model that productivity …

sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data …, we document the size of the negative effect that structural change has exerted onto productivity growth over long time … structural change may have on future productivity growth. This model generates structural change through both price and income …

and interacting linkages among escalating healthcare costs, longer life expectancies, technological progress (or "the … progress, productivity, and cost: three important dimensions of the evolving modern healthcare systems. It provides a logical … integration of three strands of work linking healthcare cost to technology and research evidence on sectoral productivity …