G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11358
DP11358 Tort Reform and Innovation
Alberto Galasso; Hong Luo
发表日期2016-06-27
出版年2016
语种英语
摘要Current academic and policy debates focus on the impact of tort reforms on physicians' behavior and medical costs. This paper examines whether these reforms also affect incentives to develop new technologies. We find that, on average, laws that limit the liability exposure of healthcare providers are associated with a significant reduction in medical device patenting. Tort reforms have the strongest impact in medical fields in which the probability of facing a malpractice claim is the largest, and they do not seem to affect the propensity to develop technologies of the highest and lowest quality. Our results underscore the importance of considering dynamic effects in the economic analysis of tort laws.
主题Industrial Organization ; Public Economics
URLhttps://cepr.org/publications/dp11358
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540173
推荐引用方式
GB/T 7714
Alberto Galasso,Hong Luo. DP11358 Tort Reform and Innovation. 2016.
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