The Demand For Health
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The Demand For Health
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Author : Michael Grossman
language : en
Publisher: Columbia University Press
Release Date : 2017-08-08
The Demand For Health written by Michael Grossman and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-08 with Business & Economics categories.
A seminal work in health economics first published in 1972, Michael Grossman's The Demand for Health introduced a new theoretical model for determining the health status of the population. His work uniquely synthesized economic and public health knowledge and has catalyzed a vastly influential body of health economics literature. It is well past time to bring this important work back into print. Grossman bases his approach on Gary S. Becker's household production function model and his theory of investment in human capital. Consumers demand health, which can include illness-free days in a given year or life expectancy, and then produce it through the input of medical care services, diet, other market goods and services, and time. Grossman also treats health and knowledge as equal parts of the durable stock of human capital. Consumers therefore have an incentive to invest in health to increase their earnings in the future. From here, Grossman examines complementarities between health capital and other forms of human capital, the most important of which is knowledge capital earned through schooling and its effect on the efficiency of production. He concludes that the rate of return on investing in health by increasing education may exceed the rate of return on investing in health through greater medical care. Higher income may not lead to better health outcomes, as wealth enables the consumption of goods and services with adverse health effects. These are some of the major revelations of Grossman's model, findings that have great relevance as we struggle to understand the links between poverty, education, structural disadvantages, and health.
The Demand For Health
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Author : Michael Grossman
language : en
Publisher:
Release Date : 2017
The Demand For Health written by Michael Grossman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Medical care categories.
Intro -- Table of Contents -- List of Tables -- Foreword to the 2017 Edition -- Foreword to the 1972 Edition -- Acknowledgments -- Introduction and Summary -- 1. A Stock Approach to the Demand for Health -- 2. The Shadow Price of Health -- 3. The Pure Consumption Model -- 4. An Empirical Formulation of the Model -- 5. Empirical Results: The Norc Sample -- 6. Joint Production and the Mortality Data -- Appendix A. Utility Maximizations -- Appendix B. Derivation of Investment Model Formulas -- Appendix C. Derivation of Consumption Model Formulas -- Appendix D. Statistical Properties of the Model -- Appendix E. Additional Empirical Results -- Appendix F. Sources and Methods: Mortality Analysis -- Notes -- Index
The Demand For Health
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Author : Michael Grossmann
language : en
Publisher:
Release Date : 1972
The Demand For Health written by Michael Grossmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with categories.
The Theory Of Demand For Health Insurance
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Author : John A. Nyman
language : en
Publisher: Stanford University Press
Release Date : 2003
The Theory Of Demand For Health Insurance written by John A. Nyman and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Health & Fitness categories.
Why do people buy health insurance? Conventional theory holds that people purchase insurance because they prefer the certainty of paying a small premium to the risk of getting sick and paying a large medical bill. This book presents a new theory of consumer demand for health insurance. It holds that people purchase insurance to obtain additional "income" when they become ill.
Occasional Paper
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Author : National Bureau of Economic Research
language : en
Publisher:
Release Date : 1971
Occasional Paper written by National Bureau of Economic Research and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Economics categories.
Determinants Of Health
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Author : Michael Grossman
language : en
Publisher: Columbia University Press
Release Date : 2017-08-08
Determinants Of Health written by Michael Grossman and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-08 with Business & Economics categories.
This collection of Michael Grossman’s most important papers adds essential background and depth to his work on economic determinants of public health. Each of the book’s four sections includes an introduction that contextualizes the issues and addresses the larger stakes of his work. An afterword discusses the significance of Grossman’s approach for subsequent research on health economics, as well as the work others have done to advance and extend his innovative perspective. Determinants of Health explains how the economic choices people make influence health and health behaviors. It begins with a section on the theoretical underpinnings and empirical results of Grossman’s groundbreaking health economics model, first introduced in the 1970s, followed by essays on the relationship between health and schooling; determinants of infant health, with a special emphasis on public policies and programs; and the economics of unhealthy behaviors. Grossman treats health as a form of human capital. He shows that public policies and programs that determine the price and availability of key inputs have critical effects on outcomes ranging from birth weight and infant mortality to cigarette smoking, alcohol abuse, illegal drug use, and obesity. Grossman’s approach has led to a major stream of literature in the field, sparking contributions by the world’s leading health economists, including Joseph Newhouse, Jonathan Gruber, Amy Finkelstein, Michael Greenstone, and David Cutler. His clarity on the role that economics play in people’s good and bad health choices is immensely valuable to the debate over how we legislate and spend on health.
Physician Productivity And The Demand For Health Manpower
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Author : Uwe E. Reinhardt
language : en
Publisher:
Release Date : 1975
Physician Productivity And The Demand For Health Manpower written by Uwe E. Reinhardt and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Medical categories.
Monograph comprising an economic analysis of policies concerning health services and medical personnel in the USA - reviews developments in such policies and alternative proposals to increase the productivity of medical personnel, analyses health care production in private sector medical practice, and suggests policies aimed at more efficient use of human resources. Bibliography pp. 293 to 307, diagrams, graphs, references and statistical tables.
Health Economics
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Author : Barbara McPake
language : en
Publisher: Taylor & Francis
Release Date : 2008
Health Economics written by Barbara McPake and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
This popular textbook provides a comprehensive but accessible coverage of health economic principles and applications. It provides an introduction for those with no previous knowledge of economics, but also more advanced material suitable for those with a background in economics. Now into its second edition, Barbara McPake and Charles Normand have incorporated developments in economic evaluation and economics of health systems from recent research and experience while retaining an accessible approach and style. The book starts with a section on basic economic principles as applied to health and health care, and goes on to discuss economic evaluation in health care, the economics of health systems and health care finance. Examples and illustrations are taken from a wide range of settings and world regions, reflecting the authors¿ belief that the same principles apply, and that it is useful to have some understanding of how different countries organise the health system. It provides an understanding of the performance of different health systems from the insurance based approaches in the United States to government funding that is common in Canada and most countries in Europe, and the mixed systems that operate in most low-income countries. This book is ideal for students in public health and related courses, for health care professionals and those studying health economics at a more advanced level.
Econometrics Of Health Care
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Author : G. Duru
language : en
Publisher: Springer Science & Business Media
Release Date : 1990-12-31
Econometrics Of Health Care written by G. Duru and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-12-31 with Business & Economics categories.
Econometrics of Health Care - which we have sometimes called 'medico metrics' - is a field in full expansion. The reasons are numerous: our knowl edge of quantitative relations in the field of health econometrics is far from being perfect, a large number of analytical difficulties - combining medical (latent factors, e. g. ) and economic facts (spatial behaviour, e. g. ) are faced by the research worker, medical and pharmaceutical techniques change rapidly, medical costs rocket more than proportionally with available resources, of being tightened. medical budgets are in the process So it is not surprising that the practice of 'hygieconometrics' - to produce a neologism - is more and more included in the programmes of econometri cians. The Applied Econometrics Association has devoted to the topic two symposia in less than three years (Lyons, February 1983; Rotterdam, December 1985), without experiencing any difficulties in getting valuable papers: on econometrics of risks and medical insurance, on the measurement of health status and of efficiency of medical techniques, on general models allowing simulation. These were the themes for the second meeting, but other aspects of medical-economic problems had presented themselves already to the analyst: medical decision making and its consequences, the behaviour of the actors - patients and physicians -, regional medicometrics and what not: some of them have been covered by the first meeting. Finally, in July 1988 took place in Lyons the Fourth International Conference on System Science in Health Care; it should not be astonishing .
The Economics Of Health And Medical Care
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Author : M. Perlman
language : en
Publisher: Springer
Release Date : 2016-04-30
The Economics Of Health And Medical Care written by M. Perlman and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-30 with Art categories.
Record of Discussion6 Economics of Need: The Experience of the British Health Service; 7 Private Patients in N.H.S. Hospitals: Waiting Lists and Subsidies; 8 Consumer Protection, Incentives and Externalities in the Drug Market; Summary Record of Discussion; 9 Price and Income Elasticities for Medical Care Services; 10 Supplier-Induced Demand: Some Empirical Evidence and Implications; 11 Some Economic Aspects of Mortality in Developed Countries; Summary Record of Discussion; PART THREE: THE IMPACT OF DEMAND FOR HEALTH SERVICES; 12 Health, Hours and Wages