Abstract In the United States, health care technology has contributed to rising survival rates,
yet health care spending relative to GDP has also grown more rapidly than in any other …

This chapter provides a conceptual and empirical examination of health care spending
growth (as opposed to the level of health care spending). Given that an equilibrium …

Although managed care plans reduce health care expenditures at any point in time, less is
known about whether such plans control health care cost growth. Because use of new …

Per capita real income on the demand-side and technological change, proxied by total R&D
and health R&D spending, on the supply-side are hypothesized as major drivers of per …

Most observers see rising health care costs as an inexorable force. Dr. Elliott Fisher, Dr.
Julie Bynum, and Jonathan Skinner write that by learning from regions that have attained …

We draw on macroeconomic models of diffusion and productivity to explain empirical
patterns of survival gains in heart attacks. Using Medicare data for 2.8 million patients from …

Health care spending has risen steadily in most countries, becoming a concern for decision-
makers worldwide. Commentators often point to new medical technology as the key driver …

A broad consensus holds that increased medical capability—technology—is the primary
driver of health spending growth. However, technology does not expand independently of …

There are widespread differences in health care spending and utilization across regions of
the US as well as in other countries. Are these variations caused by demand-side factors …

We use data across states to examine the relation between HMO enrollment and medical
spending. We find that increased managed care enrollment significantly reduces hospital …