Is Health Trade of Mode 3 in Public Health Care Gainful?
This paper attempts to analyze the aspect of public health care in the context of increasing globalization. This paper examines the importance of health trade through mode 3 of General Agreement on trade in services (GATS) in the presence of a public funding health care. For that purpose the paper develops a static three sector general equilibrium trade model of a small open economy where health sector is defined as a public subsidized health care. Evidence shows that trade liberalization in the form of an increase in foreign health capital inflow leads to an expansion of public health care. This paper also shows that health trade through commercial presence may deteriorate the wage inequality. Apart from that in this study we have shown that the level of welfare of the small open economy increases due to trade in health services of mode 3.
|Date of creation:||Apr 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
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.:
- Marjit, Sugata & Beladi, Seyed Abdolhamid, 1997.
"Protection and the gainful effects of foreign capital,"
Discussion Papers, Series II
334, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
- Marjit, Sugata & Beladi, Hamid, 1996. "Protection and the gainful effects of foreign capital," Economics Letters, Elsevier, vol. 53(3), pages 311-316, December.
- Marjit, Sugata & Broll, Udo & Mitra, Sandip, 1997. "Targeting Sectors for Foreign Capital Inflow in a Small Developing Economy," Review of International Economics, Wiley Blackwell, vol. 5(1), pages 101-06, February.
- Grinols, Earl L, 1991. "Unemployment and Foreign Capital: The Relative Opportunity Costs of Domestic Labour and Welfare," Economica, London School of Economics and Political Science, vol. 58(229), pages 107-21, February.
- Ronald W. Jones, 1965. "The Structure of Simple General Equilibrium Models," Journal of Political Economy, University of Chicago Press, vol. 73, pages 557.
- Beladi, H. & Marjit, S., 1992.
"Foreign Capital and Protectionism,"
RCER Working Papers
310, University of Rochester - Center for Economic Research (RCER).
- Gupta, Manash Ranjan, 1997. "Foreign Capital and the Informal Sector: Comments," Economica, London School of Economics and Political Science, vol. 64(254), pages 353-63, May.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:50775. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.