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Can Baumol's model of unbalanced growth contribute to explaining the secular rise in health care expenditure? : an alternative test

Hartwig, Jochen (contributor) - 2007

OECD countries and found robust evidence in favor of Baumol's theory. An alternative way to test Baumol's theory is to … explicit attempt to test Baumol's theory, have occasionally rejected this hypothesis. Despite poor data quality of the … support to Baumol's theory. -- Rising health expenditure ; "unbalanced growth" ; medical care prices ; OECD panel …

Persistent link: https://www.econbiz.de/10003764083

Has Health Capital Formation Cured 'Baumol's Disease'? Panel Granger Causality Evidence for OECD Countries

Hartwig, Jochen - 2008

A large body of both theoretical and empirical literature has affirmed a positive impact of human capital accumulation in the form of health on economic growth. Yet Baumol (1967) has presented a model in which imbalances in productivity growth between a 'progressive' (manufacturing) sector and a...

Persistent link: https://www.econbiz.de/10014214476

Has health capital formation cured "Baumol's Disease"? : panel Granger causality evidence for OECD countries

Hartwig, Jochen (contributor) - 2008

Persistent link: https://www.econbiz.de/10003768974

Can Baumol's model of unbalanced growth contribute to explaining the secular rise in health care expenditure? An alternative test

Hartwig, Jochen - 2007

countries and found robust evidence in favor of Baumol's theory. An alternative way to test Baumol's theory is to check whether … attempt to test Baumol's theory, have occasionally rejected this hypothesis. Despite poor data quality of the available … support to Baumol's theory. …

Persistent link: https://www.econbiz.de/10010277793

'Baumol's Diseases' : The Case of Switzerland

Hartwig, Jochen - 2010

Nordhaus (2008) has developed a testing strategy for what he calls ‘Baumol’s diseases’, by which name he designates a number of by-products of structural change that are unwanted from an economic policy perspective. He finds that the U.S. economy is strongly affected by the ‘diseases’....

Persistent link: https://www.econbiz.de/10014198702

"Baumol's diseases" : the case of Switzerland

Hartwig, Jochen - 2010

Nordhaus (2008) has developed a testing strategy for what he calls "Baumol's diseases", by which name he designates a number of by-products of structural change that are unwanted from an economic policy perspective. He finds that the U.S. economy is strongly affected by the "diseases". This...

Persistent link: https://www.econbiz.de/10008728699

Has health capital formation cured Baumol's Disease? Panel Granger causality evidence for OECD countries

Hartwig, Jochen - 2008

Persistent link: https://www.econbiz.de/10010285807

What drives health care expenditure? : Baumol's model of 'unbalanced growth' revisited

Hartwig, Jochen (contributor) - 2006

's theory. -- Rising health care expenditure ; "unbalanced growth" ; OECD panel …

Persistent link: https://www.econbiz.de/10003348678

What Drives Health Care Expenditure? Baumol's Model of 'Unbalanced Growth' Revisited

Hartwig, Jochen - 2007

's theory …

Persistent link: https://www.econbiz.de/10014057411

Baumol's cost disease in acute vs. long-term care : do the differences loom large?

Celebi, Kaan; Härtwig, Jochen; Sandqvist, Anna Pauliina - 2024 - This version: February 2024

Baumol's (1967) model of 'unbalanced growth' yields a supply-side explanation for the 'cost explosion' in health care. Applying a testing strategy suggested by Hartwig (2008), a sprawling literature affirms that the 'Baumol effect' has both a statistically and economically significant impact on...

Persistent link: https://www.econbiz.de/10014490295