Grossman Health Production Function

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Grossman model of health demand - Wikipedia

(1 days ago) WEBThe Grossman model of health demand is a model for studying the demand for health and medical care outlined by Michael Grossman in a monograph in 1972 entitled: The demand for health: A theoretical and empirical investigation.The model based demand for …

https://en.wikipedia.org/wiki/Grossman_model_of_health_demand

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L3: Demand for health: the human capital model - College of …

(3 days ago) WEBNet investment in health equal gross investment minus depreciation: Ht+1 Ht = It tHt, which means Ht+1 = It + (1 t)Ht. Production functions: It = It(Mt; TH; E) and Zt = Zt(Xt; Tt; E). …

https://clas.ucdenver.edu/marcelo-perraillon/content/he-l3-grossman-model

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The Grossman model – Healthcare Economist

(7 days ago) WEBThe central proposition of the Grossman model ( Grossman 1972) is that health can be viewed as a durable capital stock that produces an output of healthy time. It is assumed …

https://www.healthcare-economist.com/2019/12/04/the-grossman-model/

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Grossman Model SpringerLink

(6 days ago) WEBTo this point the focus has been on the demand side and indeed Grossman’s original paper referred to the demand for health, but a key part of the Grossman model is the …

https://link.springer.com/referenceworkentry/10.1007/978-3-319-69892-2_988-1

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3 Health Capital: Theory and Empirical Evidence - Oxford Academic

(2 days ago) WEBIncluded in the dynamic optimization problem is a health production function that measures the effectiveness of medical care and recuperation (work absences) as well …

https://academic.oup.com/mit-press-scholarship-online/book/17679/chapter/175357850

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Health Production The Oxford Handbook of Health Economics

(2 days ago) WEBI n this chapter, I will, first, provide a comprehensive, but not too technical, account of the dominating theoretical model of individual health-related behavior: the demand-for …

https://academic.oup.com/edited-volume/28339/chapter/215130822

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The Demand for Health: A Theoretical and Empirical - JSTOR

(6 days ago) WEBa stock approach to the demand for health download; xml; the shadow price of health download; xml; the pure consumption model download; xml; an empirical formulation of …

https://www.jstor.org/stable/10.7312/gros17900

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The Demand for Health: A Theoretical and Empirical Investigation

(9 days ago) WEBGrossman bases his approach on Gary S. Becker's household production function model and his theory of investment in human capital. Consumers demand health, which can …

https://books.google.com/books/about/The_Demand_for_Health.html?id=rG8tDwAAQBAJ

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The demand for health turns 50: Reflections - Grossman - 2022

(6 days ago) WEBThe year 2022 is the 50th anniversary of the publication of my demand for health model in “On the Concept of Health Capital and the Demand for Health,” Journal of Political …

https://onlinelibrary.wiley.com/doi/abs/10.1002/hec.4563

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Understanding the Production of Population Health and the …

(5 days ago) WEBof the Grossman model, which is a reason why the health production function has been termed a fantasy equation (5). Significant progress has been made in the empiric …

https://www.cdc.gov/pcd/issues/2010/sep/pdf/10_0024.pdf

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On the Concept of Health Capital and the Demand for Health

(6 days ago) WEBproduction function can be written as Ii =Mig(ti; Ei), (4) where ti - THilMi. It follows that the marginal products of time and medical care in the production of gross investment in …

https://www.jstor.org/stable/1830580

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The demand for health turns 50: Reflections - Grossman - 2022

(2 days ago) WEBIn my 1970 Columbia University Ph.D. dissertation (Grossman, 1970), which has the same title as Grossman and which resulted in that publication and in Grossman , I use the …

https://onlinelibrary.wiley.com/doi/10.1002/hec.4563

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Health Inequalities through the Lens of Health Capital Theory: …

(3 days ago) WEBThis is exactly the case with 11 the Grossman model under the commonly used assumptions of 1) a health production function in the dynamic (transition) equation for …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3932058/

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On the Concept of Health Capital and the Demand for Health

(7 days ago) WEBIt is also assumed that all production functions are homogeneous of degree 1 in the goods and time inputs. Therefore, the gross investment production function can be …

https://healthpolicyhealthecon.files.wordpress.com/2014/06/grossman-19721.pdf

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The Human Capital Model - ScienceDirect

(1 days ago) WEBSection snippets Assumptions. Let the intertemporal utility function of a typical consumer be. U = U (φ t H t, Z t), t = 0, 1, …, n,. where H t is the stock of health at age t or in time …

https://www.sciencedirect.com/science/article/abs/pii/S1574006400801663

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The Grossman model after 40 years The European Journal of …

(9 days ago) WEBThis editorial presents a critical review of the health model pioneered by Michael Grossman (MGM) in 1972 [8]. It argues that whereas the MGM has great charm for …

https://link.springer.com/article/10.1007/s10198-012-0420-9

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A Critique of Grossman's Canonical Model of Health Capital

(7 days ago) WEBCentral to Grossman's modeling of household production of investment in health capital and the supply price of health capital is the assumption of a. constant-returns-to-scale …

https://www.jstor.org/stable/45140527

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SHOULD THE GROSSMAN MODEL OF INVESTMENT IN …

(8 days ago) WEBon the question of whether the production function can have constant returns to scale (CRS) or whether the model fails unless decreasing returns to scale (DRS) is assumed6. …

https://www.canadiancentreforhealtheconomics.ca/wp-content/uploads/2015/01/Laporte-R.pdf

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The Health Production Function Revisited: The Role of Social …

(8 days ago) WEB3 The Health Production Function Revisited: The Role of Social Networks and Liquid Wealth Abstract: Building upon the Grossman model (1972), we propose an extended …

https://run.unl.pt/bitstream/10362/22241/1/Santos_2017.pdf

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Evolution of the Infant Health Production Function

(7 days ago) WEB2. The Origins of the Infant Health Production Function Grossman published his now-classic treatise on the concept of health capital and the demand for health, which was …

https://www.jstor.org/stable/26633555

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The Human Capital Model of the Demand for Health NBER

(3 days ago) WEBMichael Grossman. Working Paper 7078. DOI 10.3386/w7078. Issue Date April 1999. This paper contains a detailed treatment of the human capital model of the demand for …

https://www.nber.org/papers/w7078

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Grossman Model SpringerLink

(4 days ago) WEBTo this point the focus has been on the demand side and indeed Grossman’s original paper referred to the demand for health, but a key part of the Grossman model is the …

https://link.springer.com/referenceworkentry/10.1007/978-3-030-22009-9_988

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