The durability of health care treatment, the substantial technical change in health care treatment, and the prevalence of third-party payment interact to create substantial difficulty in measuring the price and output of health care. This paper provides a framework for analyzing the demand for health care taking into account these difficulties. It then suggests how this framework might be used to improve measurement of health care prices and output.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
6971.
Length: Date of creation: Feb 1999 Date of revision: Publication status: published as American Economic Review Proceedings, Vol. 89 (May 1999): 333-337. Handle: RePEc:nbr:nberwo:6971
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Find related papers by JEL classification: O39 - Economic Development, Technological Change, and Growth - - Technological Change - - - Other I10 - Health, Education, and Welfare - - Health - - - General
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
David M. Cutler & Mark McClellan & Joseph P. Newhouse & Dahlia Remler, 1999.
"Pricing Heart Attack Treatments,"
NBER Working Papers
7089, National Bureau of Economic Research, Inc.
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