Twenty-Fifth Anniversary of the UK Health Economists' Study Group, June 1997. Where Are We Now in British Health Economics?
AbstractHealth economics took off in 1970 or thereabouts, just after the take-off date for the economics of education. Although early health economics made use of human capital theory as did the economics of education, it soon took a different route inspired by Arrow's work on medical insurance. The economics of education failed to live up to its promising start in the 1960s and gradually ran out of steam. The economics of health, however, has made steady theoretical and empirical progress since 1970, principally in coming to grips with the implications of supplier-induced demand and the difficulties of evaluating health care outcomes.
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Bibliographic InfoPaper provided by Exeter University, Department of Economics in its series Discussion Papers with number 9804.
Length: 36 pages
Date of creation: 1998
Date of revision:
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HEALTH ; SOCIAL WELFARE ; EDUCATION;
Find related papers by JEL classification:
- I10 - Health, Education, and Welfare - - Health - - - General
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- I20 - Health, Education, and Welfare - - Education - - - General
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