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With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy analysts are asking what these countries are getting in return. Yet it remains frustrating and difficult to measure the productivity of the medical care service industries. This volume takes aim at that problem, while taking stock of where we are in our attempts to solve it. Much of this analysis focuses on the capacity to measure the value of technological change and other health care innovations. A key finding suggests that growth in health care spending has coincided with an increase in products and services that together reduce mortality rates and promote additional health gains. Concerns over the apparent increase in unit prices of medical care may thus understate positive impacts on consumer welfare. When appropriately adjusted for such quality improvements, health care prices may actually have fallen. Provocative and compelling, this volume not only clarifies one of the more nebulous issues in health care analysis, but in so doing addresses an area of pressing public policy concern.

Medical care --- Medical care, Cost of --- Delivery of health care --- Delivery of medical care --- Health care --- Health care delivery --- Health services --- Healthcare --- Medical and health care industry --- Medical services --- Personal health services --- Public health --- Cost effectiveness --- Econometric models --- Outcome Assessment (Health Care) --- Cost-Benefit Analysis --- Models, Econometric --- Econometric Models --- Econometric Model --- Model, Econometric --- Benefits and Costs --- Cost Benefit --- Cost Benefit Analysis --- Cost-Effectiveness Analysis --- Cost-Utility Analysis --- Costs and Benefits --- Economic Evaluation --- Marginal Analysis --- Cost Effectiveness --- Cost-Benefit Data --- Analyses, Cost Benefit --- Analyses, Cost-Benefit --- Analyses, Cost-Utility --- Analyses, Marginal --- Analysis, Cost Benefit --- Analysis, Cost-Benefit --- Analysis, Cost-Effectiveness --- Analysis, Cost-Utility --- Analysis, Marginal --- Cost Benefit Analyses --- Cost Benefit Data --- Cost Effectiveness Analysis --- Cost Utility Analysis --- Cost-Benefit Analyses --- Cost-Utility Analyses --- Data, Cost-Benefit --- Economic Evaluations --- Effectiveness, Cost --- Evaluation, Economic --- Evaluations, Economic --- Marginal Analyses --- Assessment, Outcomes --- Outcome Measures --- Outcome Studies --- Outcomes Assessment --- Outcomes Research --- Assessment, Outcome (Health Care) --- Assessments, Outcome (Health Care) --- Assessments, Outcomes --- Measure, Outcome --- Measures, Outcome --- Outcome Assessments (Health Care) --- Outcome Measure --- Outcome Study --- Outcomes Assessments --- Research, Outcomes --- Studies, Outcome --- Study, Outcome --- United States. --- E-books --- Cost and Benefit --- Benefit and Cost --- medical, medicine, hospital, healthcare, wellness, economics, economy, industry, finance, financial, income, united states, usa, america, american, developing countries, developed world, gdp, policy, analyst, analysis, production, service, job, career, workplace, mortality, death, illness, products, services, quality, prices, congresses, cost, theoretical, measurement, nonprofit, national, depression, treatment.

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Medical economics --- Medical care --- Economics, Medical --- Cost-Benefit Analysis --- Models, Economic --- United States --- Models, Statistical --- Costs and Cost Analysis --- North America --- Economics --- Health Care Economics and Organizations --- Statistics as Topic --- Americas --- Models, Theoretical --- Epidemiologic Methods --- Investigative Techniques --- Health Care --- Geographic Locations --- Health Care Evaluation Mechanisms --- Quality of Health Care --- Public Health --- Analytical, Diagnostic and Therapeutic Techniques and Equipment --- Geographicals --- Environment and Public Health --- Health Care Quality, Access, and Evaluation --- Medical Economics --- Health & Biological Sciences --- Medicine --- Health --- Health economics --- Hygiene --- Healthcare Quality, Access, and Evaluation --- Community Health --- Environment, Preventive Medicine & Public Health --- Environment, Preventive Medicine and Public Health --- Health, Community --- Health, Public --- Preventive Medicine --- Education, Public Health Professional --- Pharmacy Audit --- Quality of Care --- Quality of Healthcare --- Audit, Pharmacy --- Care Quality --- Health Care Quality --- Healthcare Quality --- Pharmacy Audits --- Healthcare Evaluation Mechanisms --- Evaluation Mechanism, Healthcare --- Evaluation Mechanisms, Healthcare --- Healthcare Evaluation Mechanism --- Mechanism, Healthcare Evaluation --- Mechanisms, Healthcare Evaluation --- Community-Based Distribution --- Contraceptive Distribution --- Delivery of Healthcare --- Dental Care Delivery --- Distribution, Non-Clinical --- Distribution, Nonclinical --- Distributional Activities --- Healthcare --- Healthcare Delivery --- Healthcare Systems --- Non-Clinical Distribution --- Nonclinical Distribution --- Delivery of Dental Care --- Health Care Delivery --- Health Care Systems --- Activities, Distributional --- Activity, Distributional --- Care, Health --- Community Based Distribution --- Community-Based 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Method, Epidemiological --- Methods, Epidemiological --- Epidemiology --- Experimental Model --- Experimental Models --- Mathematical Model --- Model, Experimental --- Models (Theoretical) --- Models, Experimental --- Models, Theoretic --- Theoretical Study --- Mathematical Models --- Model (Theoretical) --- Model, Mathematical --- Model, Theoretical --- Models, Mathematical --- Studies, Theoretical --- Study, Theoretical --- Theoretical Model --- Theoretical Models --- Theoretical Studies --- Computer Simulation --- Systems Theory --- Area Analysis --- Estimation Technics --- Estimation Techniques --- Indirect Estimation Technics --- Indirect Estimation Techniques --- Multiple Classification Analysis --- Service Statistics --- Statistical Study --- Statistics, Service --- Tables and Charts as Topic --- Analyses, Area --- Analyses, Multiple Classification --- Area Analyses --- Classification Analyses, Multiple --- Classification Analysis, Multiple --- Estimation Technic, Indirect --- Estimation Technics, Indirect --- Estimation Technique --- Estimation Technique, Indirect --- Estimation Techniques, Indirect --- Indirect Estimation Technic --- Indirect Estimation Technique --- Multiple Classification Analyses --- Statistical Studies --- Studies, Statistical --- Study, Statistical --- Technic, Indirect Estimation --- Technics, Estimation --- Technics, Indirect Estimation --- Technique, Estimation --- Technique, Indirect Estimation --- Techniques, Estimation --- Techniques, Indirect Estimation --- Healthcare Economics and Organizations --- Health Care Economics --- Health Economics --- Healthcare Economics --- Care Economic, Health --- Economic, Health --- Economic, Health Care --- Economic, Healthcare --- Economics, Health Care --- Health Care Economic --- Health Economic --- Healthcare Economic --- Affordability --- Analysis, Cost --- Cost --- Cost Analysis --- Cost Comparison --- Cost Measures --- Cost-Minimization Analysis --- Costs and Cost Analyses --- Costs, Cost Analysis --- Pricing --- Affordabilities --- Analyses, Cost --- Analyses, Cost-Minimization --- Analysis, Cost-Minimization --- Comparison, Cost --- Comparisons, Cost --- Cost Analyses --- Cost Comparisons --- Cost Measure --- Cost Minimization Analysis --- Cost, Cost Analysis --- Cost-Minimization Analyses --- Costs --- Measure, Cost --- Measures, Cost --- Model, Statistical --- Models, Binomial --- Models, Polynomial --- Statistical Model --- Probabilistic Models --- Statistical Models --- Two-Parameter Models --- Binomial Model --- Binomial Models --- Model, Binomial --- Model, Polynomial --- Model, Probabilistic --- Model, Two-Parameter --- Models, Probabilistic --- Models, Two-Parameter --- Polynomial Model --- Polynomial Models --- Probabilistic Model --- Two Parameter Models --- Two-Parameter Model --- Capital --- Conditions, Economic --- Consumption --- Cost of Living --- Easterlin Hypothesis --- Economic Conditions --- Economic Policies --- Economic Policy --- Economics, Home --- Home Economics --- Household Consumption --- Macroeconomic Factors --- Microeconomic Factors --- Policies, Economic --- Policy, Economic --- Production --- Remittances --- Utility Theory --- Consumer Price Index --- Condition, Economic --- Consumer Price Indices --- Consumption, Household --- Economic Condition --- Factor, Macroeconomic --- Factor, Microeconomic --- Factors, Macroeconomic --- Factors, Microeconomic --- Household Consumptions --- Hypothesis, Easterlin --- Index, Consumer Price --- Indices, Consumer Price --- Living Cost --- Living Costs --- Remittance --- Theories, Utility --- Theory, Utility --- Utility Theories --- Economic Model --- Model, Economic --- Economic Models --- Benefits and Costs --- Cost Benefit --- Cost Benefit Analysis --- Cost-Effectiveness Analysis --- Cost-Utility Analysis --- Costs and Benefits --- Economic Evaluation --- Marginal Analysis --- Cost Effectiveness --- Cost-Benefit Data --- Analyses, Cost Benefit --- Analyses, Cost-Benefit --- Analyses, Cost-Utility --- Analyses, Marginal --- Analysis, Cost Benefit --- Analysis, Cost-Benefit --- Analysis, Cost-Effectiveness --- Analysis, Cost-Utility --- Analysis, Marginal --- Cost Benefit Analyses --- Cost Benefit Data --- Cost Effectiveness Analysis --- Cost Utility Analysis --- Cost-Benefit Analyses --- Cost-Utility Analyses --- Data, Cost-Benefit --- Economic Evaluations --- Effectiveness, Cost --- Evaluation, Economic --- Evaluations, Economic --- Marginal Analyses --- Mathematical models --- Cost effectiveness --- economics --- Economic aspects --- methods --- Cost and Benefit --- Benefit and Cost