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Growth and welfare effects of health care in knowledge-based economies

机译:知识经济中卫生保健的增长和福利影响

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摘要

We study the effects of labor intensive health care within a research and development (R&D) driven growth model with overlapping generations. Health care increases longevity, labor participation, and productivity, while it also diverts labor away from production and R&D. We examine under which conditions expanding health care enhances growth and welfare and establish mild conditions under which the provision of health care beyond the growth-maximizing level is Pareto superior. (C) 2016 Elsevier B.V. All rights reserved.
机译:我们在具有重叠世代的研究与开发(R&D)驱动的增长模型中研究劳动密集型医疗保健的影响。卫生保健可以延长寿命,增加劳动参与度和生产率,同时也可以将劳动力从生产和研发中转移出去。我们研究了扩大医疗保健在哪些条件下可以促进增长和福利,并建立了温和的条件,在这种条件下,超出增长最大化水平的医疗保健服务是帕累托优越的。 (C)2016 Elsevier B.V.保留所有权利。

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