The Contribution of Pharmaceutical Innovation to Longevity Growth in Germany and France
I investigate the contribution of pharmaceutical innovation to recent longevity growth in Germany and France. First, I examine the effect of the vintage of prescription drugs (and other variables) on the life expectancy and age-adjusted mortality rates of residents of Germany, using longitudinal, annual, state-level data during the period 2000-2007. The estimates imply that almost half of the 1.7-year increase in German life expectancy during the period 2000-2007 was due to the replacement of older drugs by newer drugs. Next, I examine the effect of the vintage of chemotherapy treatments on age-adjusted cancer mortality rates of residents of France, using longitudinal, annual, cancer-site-level data during the period 2002-2006. The estimates imply that chemotherapy innovation accounted for at least one-sixth of the decline in French cancer mortality rates, and may have accounted for as much as half of the decline.
|Date of creation:||2010|
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- Mark Bils, 2004. "Measuring the Growth from Better and Better Goods," NBER Working Papers 10606, National Bureau of Economic Research, Inc.
- Frank R. Lichtenberg, 2014.
"Has Medical Innovation Reduced Cancer Mortality?,"
CESifo Economic Studies,
CESifo, vol. 60(1), pages 135-177.
- Sakellaris, Plutarchos & Wilson, Daniel J., 2002.
"Quantifying embodied technological change,"
Working Paper Series
0158, European Central Bank.
- Christopher J. Ruhm, 2006.
"Macroeconomic Conditions, Health and Mortality,"
in: The Elgar Companion to Health Economics, chapter 1
Edward Elgar Publishing.
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