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Return on investments in public health: comments on a report by Applied Economics

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  • Jeff Richardson

    ()
    (Centre for Health Economics, Monash University)

Abstract

The purpose of the report by Applied Economics was to determine whether or not the community’s expenditures on public health have been justified by the benefits obtained from them. Additionally, however the study extends the time frame and, on the basis of the historical evidence, seeks to determine the ‘return’ on current investment in public health to the year 2010. The report does not consider further investment in public health. Only benefits obtained from current expenditures are projected into the future. For example, the community will continue to receive benefits for some years from vaccinations administered in 2000, and these benefits are included in the study. However the estimated benefits and costs of vaccinations administered after 2000 are not considered.

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File URL: http://www.buseco.monash.edu.au/centres/che/pubs/wp149.pdf
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Bibliographic Info

Paper provided by Monash University, Centre for Health Economics in its series Centre for Health Economics Working Papers with number 149/04.

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Length: 22 pages
Date of creation: Jul 2004
Date of revision:
Handle: RePEc:mhe:chewps:2004-149

Contact details of provider:
Postal: Centre for Health Economics, Monash University, Building 75, Clayton, Victoria 3800, Australia
Phone: +61-3-9905-0733
Fax: +61-3-9905-8344
Email:
Web page: http://www.buseco.monash.edu.au/centres/che/
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