Specification of the health production function and its behavioral implications

IF 2 3区医学 Q2 ECONOMICS

Health economics Pub Date : 2024-08-22 DOI:10.1002/hec.4883

Kristian Bolin, Michael R. Caputo

引用次数: 0

Abstract

The health production function of the canonical health-capital model is generalized to allow the state of health to affect the total and marginal products of health investment. If the total and marginal products of health investment are nonincreasing functions of the state of health, then the solution of the generalized model is locally qualitatively identical to that of the canonical model. Moreover, and in contrast to the canonical model, the generalized model is able to rationalize the cycling of the state of health and health investment observed in some individuals. The necessary conditions on the health production function for cyclical behavior are identified as well.

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健康生产函数的规范及其对行为的影响。

对典型健康资本模型的健康生产函数进行广义化，使健康状况影响健康投资的总产品和边际产品。如果健康投资的总产品和边际产品是健康状况的非递增函数，那么广义模型的解在局部上与标准模型的解在性质上是相同的。此外，与典型模型不同的是，广义模型能够合理解释在某些个体身上观察到的健康状况和健康投资的循环。该模型还确定了周期性行为的健康生产函数的必要条件。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Health economics 医学-卫生保健

CiteScore

3.60

自引率

4.80%

发文量

177

审稿时长

4-8 weeks

期刊介绍： This Journal publishes articles on all aspects of health economics: theoretical contributions, empirical studies and analyses of health policy from the economic perspective. Its scope includes the determinants of health and its definition and valuation, as well as the demand for and supply of health care; planning and market mechanisms; micro-economic evaluation of individual procedures and treatments; and evaluation of the performance of health care systems. Contributions should typically be original and innovative. As a rule, the Journal does not include routine applications of cost-effectiveness analysis, discrete choice experiments and costing analyses. Editorials are regular features, these should be concise and topical. Occasionally commissioned reviews are published and special issues bring together contributions on a single topic. Health Economics Letters facilitate rapid exchange of views on topical issues. Contributions related to problems in both developed and developing countries are welcome.