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Sunday, July 12, 2020 | History

2 edition of effect of changes in drug utilization on labor supply and per capita output found in the catalog.

effect of changes in drug utilization on labor supply and per capita output

Frank R. Lichtenberg

effect of changes in drug utilization on labor supply and per capita output

by Frank R. Lichtenberg

  • 290 Want to read
  • 28 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Drug utilization -- Cost effectiveness -- United States.,
  • Labor supply -- United States.,
  • Labor productivity -- United States.,
  • Medical care, Cost of -- United States.

  • Edition Notes

    StatementFrank R. Lichtenberg.
    SeriesNBER working paper series -- no. 9139, Working paper series (National Bureau of Economic Research) -- working paper no. 9139.
    ContributionsNational Bureau of Economic Research.
    The Physical Object
    Pagination32, [14] p. :
    Number of Pages32
    ID Numbers
    Open LibraryOL22441941M

    Background: information about the effect of the Medicare Part D Prescription Drug Benefit on drug utilization and expenditures is limited. Objective: To estimate changes in prescription.   The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output. Cambridge, MA, National Bureau of Economic Research, Inc., , 44 pp. (Working Paper ) $10 per copy, plus $10 for postage and handling outside the United States.

    “New Drugs Cut Costs, And Medicare Can Help”, Business Week, 22/3/04, p. 11Lichtenberg, F. The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output, National Bureau of Economic Research: Cambridge: MA. Unemployment is a situation where labour is willing and able to work at the ongoing wage rate but unable to find unemployment. Voluntary unemployment. This is a situation where jobs are available but people are not willing to take them at the prevailing wage rate. Causes of voluntary unemployment. Laziness.

    The problem comes when there are issues of overproduction, over capacity utilization of plants, over liquidation and excess supply of money, change in demand because of change in tastes and habits. Food security is a measure of the availability of food and individuals' ability to access it. Affordability is only one factor. There is evidence of food security being a concern many thousands of years ago, with central authorities in ancient China and ancient Egypt being known to release food from storage in times of famine. At the World Food Conference the term "food security" was.


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Effect of changes in drug utilization on labor supply and per capita output by Frank R. Lichtenberg Download PDF EPUB FB2

Effect of changes in drug utilization on labor supply and per capita output. Cambridge, MA: National Bureau of Economic Research, © (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Frank R Lichtenberg; National Bureau of Economic Research.

The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output Frank R. Lichtenberg. NBER Working Paper No. Issued in September NBER Program(s):Health Care, Productivity, Innovation, and EntrepreneurshipCited by: 4.

Get this from a library. The effect of changes in drug utilization on labor supply and per capita output. [Frank R Lichtenberg; National Bureau of Economic Research.] -- Abstract: We hypothesize that pharmaceutical-embodied technical progress increases per capita output via its effect on labor supply (the employment rate and hours worked per employed person).

The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output. By Frank R. Lichtenberg. Get PDF ( KB) Abstract. We hypothesize that pharmaceutical-embodied technical progress increases per capita output via its effect on labor supply (the employment rate and hours worked per employed person).

We examine the effect of Author: Frank R. Lichtenberg. The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output Frank R.

Lichtenberg NBER Working Paper No. September JEL No. J2, O3, I1, L65 ABSTRACT We hypothesize that pharmaceutical-embodied technical progress increases per capita output via its effect on labor supply (the employment rate and hours worked per.

Lichtenberg, "The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output," NBER Working Paper No. September 7. Lichtenberg and S. Virabhak, "Pharmaceutical-Embodied Technical Progress,Longevity, and Quality of Life: Drugs as 'Equipment for your Health'," NBER Working Paper No.

November 8. "The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output," NBER Working PapersNational Bureau of Economic Research, Inc. The expanded models of labour productivity that used fixed effects with lagged regressors confirmed the prior results as well as finding that R&D per employee, relative R&D intensity and firm.

The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output. NBER Working Paper No. w Number of pages: 46 Posted: 06 Sep Last Revised: 01 Jun Frank R. Lichtenberg Columbia Business School - Finance and Economics Downloads 57 (,) View PDF.

"Using Patents Data to Map Technical Change in Health-Related Areas," OECD Science, Technology and Industry Working Papers /16, OECD Publishing. Frank R. Lichtenberg, "The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output," NBER Working PapersNational Bureau of Economic Research, Inc.

The relationship between population growth and growth of economic output has been studied extensively (Heady & Hodge, ).Many analysts believe that economic growth in high-income countries is likely to be relatively slow in coming years in part because population growth in these countries is predicted to slow considerably (Baker, Delong, & Krugman, ).

The effect of changes in drug utilization on labor supply and per-capita output.” (). The Methods and Findings of Quality Assessment and Monitoring: An Illustrated Analysis, ().

The relationship of HMOs, health insurance, and delivery systems to breast cancer outcomes,”. Frank R. Lichtenberg is Courtney C. Brown Professor of Business at the Columbia University Graduate School of Business; a Research Associate of the National Bureau of Economic Research; and a member of the CESifo Research Network.

He received a BA with Honors in History from the University of Chicago and an MA and PhD in Economics from the University of Pennsylvania. Title(s): The effect of changes in drug utilization on labor supply and per capita output/ Frank R. Lichtenberg. Country of Publication: United States Publisher: Cambridge, MA: National Bureau of Economic Research, c to health, labour productivity and economic growth.

As well as treating symptoms and extending life, innovative medicines improve peoples’ activities and functions in daily life, including their physical, social, emotional and cognitive well being.

These all contribute to a person’s ability to participate in the community and the economy. On balance, therefore, patent expiration may have smaller or even negative effects on static welfare. Empirically, we find pharmaceutical patent expirations lower output by 5 percent in the short-run, due to post-expiration reduction in marketing.

In the long-run, expirations still raise output. "The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output," NBER Working Paper No.

Sep " Pharmaceutical-embodied technical progress, longevity, and quality of life: drugs as 'equipment for your health'," with S. Virabhak, NBER Working Paper No. Nov The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output NBER Working Papers, National Bureau of Economic Research, Inc View citations (3) The Effect of Education on Medical Technology Adoption: Are the More Educated More Likely to Use New Drugs NBER Working Papers, National Bureau of Economic Research, Inc View citations.

Several recent studies have estimated the drug utilization effect (e.g. Yin et al ; Ketcham and Simon ). effect on labour supply are not only an important subject for labour economists.

Lichtenberg examines the effect of changes in both the average quantity and average vintage ("quality") of drugs consumed on labor supply, using longitudinal, condition-level data.

First, he considers the effect of changes during in the average number of prescriptions consumed for a given condition on the probability of missed work days.

The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output. Article. based on changes in output and time trends, with the new equations, results in a convergence between. In a study published inthe author estimated that if a year-old drug was to be replaced by a year-old one, per capita pharmaceutical expenditure in the United States would increase by USD 18 on average, while non-pharmaceutical expenditure would decrease by leading to a savings ratio of almost 4 times the cost of the.The pure substitution effect of a wage change increases labor supply: a 1% increase in wages leads to a % increase in labor supply, controlling for income effects.