Is health care infected by Baumol's cost disease? : test of a new model / Akinwande A. Atanda, Andrea K. Menclova, W. Robert Reed.

About this item

Title

Is health care infected by Baumol's cost disease? : test of a new model / Akinwande A. Atanda, Andrea K. Menclova, W. Robert Reed.

Content partner

National Library of New Zealand

Collection

National Library of New Zealand Catalogue

Description

"Rising health care costs are a policy concern across the OECD and relatively little consensus exists concerning their causes. One explanation that has received revived attention is Baumol's cost disease (BCD). However, developing a theoretically appropriate test of BCD has been a challenge. In this paper, we construct a 2-sector model firmly based on Baumol's axioms. We then derive several testable propositions. In particular, the model predicts that 1) the share of total labor employed in t...

Read more

Format

Book

Date created

2017.

Creator

Atanda, Akinwande A. / Menclova, Andrea / Reed, W. Robert (William Robert), 1956- / University of Canterbury. Department of Economics and Finance

URL

http://natlib.govt.nz/records/42177378

What is the copyright status of this item?

All Rights Reserved

This item is all rights reserved, which means you'll have to get permission from National Library of New Zealand before using it.

What can I do with this item?

You must always check with National Library of New Zealand to confirm the specific terms of use, but this is our understanding:

Non-infringing use

NZ Copyright law does not prevent every use of a copyright work. You should consider what you can and cannot do with a copyright work.

No sharing

You may not copy and/or share this item with others without further permission. This includes posting it on your blog, using it in a presentation, or any other public use.

No modifying

You are not allowed to adapt or remix this item into any other works.

No commercial use

You may not use this item commercially.