Measuring the gains from medical research
Subtitle: an economic approach
By: edited by Kevin M. Murphy and Robert H. Topel.
Contributors: Murphy, Kevin M.; Topel, Robert H.
Publisher: University of Chicago Press
Published: 2003
Place of publication: Chicago
Language: eng
Number of pages: 263
Subjects: Medicine -- Research -- Cost effectiveness -- Congresses.; Research -- economics -- Congresses.; Cost-Benefit Analysis -- Congresses.; Health Expenditures -- trends -- Congresses.; Health Status -- Congresses.; Research Support -- Congresses.; Socioeconomic Factors -- Congresses.
Genres: Congresses.
Description: In 1998, health expenditures in the United States accounted for 12.9 percent of national income - the highest share of income devoted to health in the developed world. The United States also spends more on medical research than any other country - in 2000, the federal government dedicated $18.4 billion to it, compared with only $3.7 billion for the entire European Union. In this book, health economists ask whether we are getting our money's worth.
Notes: Includes bibliographical references and indexes.
Table of contents: title: The health of nations: the contribution of improved health to living standards / William D. Nordhaus; title: The economic value of medical research / Kevin M. Murphy and Robert Topel; title: Pharmaceutical innovation, mortality reduction, and economic growth / Frank R. Lichtenberg; title: The return to biomedical research: treatment and behavioral effects / David M. Cutler and Srikanth Kadiyala; title: Biomedical research and then some: the causes of technological change in heart attack treatment / Paul Heidenreich and Mark McClellan; title: Can medical cost-effectiveness analysis identify the value of research? / David Meltzer.