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Health dynamics, adaptation to illness and resource allocation

Research output: Contribution to journalJournal articlepeer-review

Published
<mark>Journal publication date</mark>2011
<mark>Journal</mark>Applied Economics Letters
Issue number16
Volume18
Number of pages4
Pages (from-to)1545-1548
Publication StatusPublished
<mark>Original language</mark>English

Abstract

The increased availability of panel data has made it possible to estimate and measure health dynamics for population subgroups who may have systematically different levels of dynamics. We use a straightforward hypothetical example to investigate the implications of different levels of health dynamics on health outcomes, considering in addition the effects of adaptation to illness over time. The results demonstrate implications for the assessment of health technologies.