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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w7089 |
来源ID | Working Paper 7089 |
Pricing Heart Attack Treatments | |
David M. Cutler; Mark McClellan; Joseph P. Newhouse; Dahlia Remler | |
发表日期 | 1999-04-01 |
出版年 | 1999 |
语种 | 英语 |
摘要 | In this paper, we estimate price indices for heart attack treatments, demonstrating the techniques that are currently used in official price indices and presenting some alternatives. We consider two types of price indices, a Service Price Index, which prices specific treatments provided, and a Cost of Living Index, which prices the health outcomes of patients. Both indices are complicated by price measurement issues: list prices and transactions prices are fundamentally different in the medical care field. The development of new or modified medical treatments further complicates the comparison of like' goods over time. And the Cost of Living Index is hampered by the need to determine how much of health improvement results from medical treatments in comparison to other factors. We describe methods to address each of these obstacles. We conclude that whereas traditional price indices when applied to heart attack treatments are rising at roughly 3 percent per year above general inflation, a corrected service price index is rising at perhaps 1 to 2 percent per year above general inflation, and the cost of living index is falling by 1 to 2 percent per year relative to general inflation. We discuss the implications of these results for official price index calculations. |
URL | https://www.nber.org/papers/w7089 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564614 |
推荐引用方式 GB/T 7714 | David M. Cutler,Mark McClellan,Joseph P. Newhouse,et al. Pricing Heart Attack Treatments. 1999. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w7089.pdf(486KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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