English, Article edition: Economic growth and its effect on public health Nissim Ben-David

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Bookmark: http://trove.nla.gov.au/version/29216
Physical Description
  • article
Language
  • English

Edition details

Title
  • Economic growth and its effect on public health
Author
  • Nissim Ben-David
Physical Description
  • article
Notes
  • Purpose – The purpose of this paper is to construct a theoretical framework for analyzing the connection between economic growth, demand for medical care, and economic health. Design/​methodology/​approach – The economy is composed of two sectors, one of medical care goods and the other of consumption goods. Equilibrium is defined when capital per-capita in period t is equal to that of period t+1. Findings – An equilibrium path is found for the demand for consumption and for medical care goods, per-capita level of health, capital, savings, trade balance, and net foreign assets. Research limitations/​implications – The importance of the paper is in its ability to analyze the change in public health along the growth path of the economy. Practical implications – An example and a simulation are presented in order to confirm the theoretical results and demonstrate that the model can be used for empirical analysis. Originality/​value – The paper constructs a connection between economic growth and health sector economic developments.
  • Economic growth, Medical care, Public health
  • RePEc:eme:ijsepp:v:36:y:2009:i:3:p:252-273
Language
  • English
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