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Health Investment Complementarities under Competing Risks

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Author Info
William H. Dow
Tomas Philipson
Xavier Sala-i-Martin ()
Jessica Holmes

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Abstract

Applying the competing--risks model to multi--cause mortality, this paper provides a theoretical and empirical investigation of the positive complementarities that occur between disease--specific policy interventions. We argue that since an individual cannot die twice, competing risks imply that individuals will not waste resources on causes that are not the most immediate, but will make health investments so as to equalize cause--specific mortality. However, equal mortality risk from a variety of diseases does not imply that disease--specific public health interventions are a waste. Rather, a cause--specific intervention produces spillovers to other disease risks, so that the overall reduction in mortality will generally be larger than the direct effect measured on the targeted disease. The assumption that mortality from non--targeted diseases remains the same after a cause--specific intervention under--estimates the true effect of such programs, since the background mortality is also altered as a result of intervention. Analyzing data from one of the most important public health programs ever introduced, the Expanded Program on Immunization (EPI) of the United Nations, we find evidence for the existence of such complementarities, involving causes that are not biomedically, but behaviorally, linked.

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Publisher Info
Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 192.

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Date of creation: Jan 1997
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Handle: RePEc:upf:upfgen:192

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Related research
Keywords: Complementarities tetanus programs; endogenous mortality; public health;

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Find related papers by JEL classification:
I10 - Health, Education, and Welfare - - Health - - - General
H00 - Public Economics - - General - - - General
O1 - Economic Development, Technological Change, and Growth - - Economic Development

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  1. Seema Jayachandran & Adriana Lleras-Muney, 2008. "Life Expectancy and Human Capital Investments: Evidence From Maternal Mortality Declines," NBER Working Papers 13947, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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