Baicker, Katherine; Chandra, Amitabh; Skinner, Jonathan S. - In: Annual Review of Economics 4 (2012) 1, pp. 33-56
There is growing concern over the rising share of the US economy devoted to health care spending. Fueled in part by … increases, elimination of other public spending, or unsustainable public debt. This massive increase in health spending might be … warranted if each dollar devoted to the health care sector yielded real health benefits, but this does not seem to be the case …