Education and Medicine as Health Producers

Authors

  • Yaffa Machnes Reif Department of Economics, Bar-Ilan University image/svg+xml

Keywords:

health production function, life expectancy, literacy rate, World Health Statistics, medicine, education

Abstract

We give a description of the production function of health in a country and survey the empirical studies that describe similar relationships. Our estimations are based on updated reports of life expectancy, GNP, literacy rate, physicians and hospital beds per capita. We also followed changes in the last seven years. We find the literacy rate to be statistically significant in prolonging life while the contribution of doctors and wealth is significant mainly in the less developed countries. The change along time is small but points to an increase in the production elasticity of medicine.

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References

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Published

1989-10-31

How to Cite

Machnes Reif, Y. (1989). Education and Medicine as Health Producers. Economic Analysis Review, 4(2), 51–57. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/273

Issue

Vol. 4 No. 2 (1989)

Section

Articles

License

Copyright (c) 1989 Yaffa Machnes Reif

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

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