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Economic growth in the U.S. dental sector, 1950-1986
1Department of Behavioural Sciences and Community Health, School of Dental Medicine, University of Connecticut Health Center, Farmington 06032.
Journal of Dental Education
|August 1, 1989
Summary
The dental sector demonstrated robust economic growth from 1950 to 1986, outperforming the general economy. Dentistry maintained economic strength, showing higher annual growth rates and resilience during economic downturns.
Area of Science:
- Health Economics
- Dental Public Health
Background:
- The dental sector previously showed faster economic growth than the overall economy between 1950 and 1977.
- Economic trends in dentistry require updated analysis beyond 1977.
Purpose of the Study:
- To extend the economic analysis of the dental sector through 1986.
- To assess dentistry's economic performance relative to the broader economy.
- To evaluate the impact of economic recession on dental sector growth.
Main Methods:
- Time-series analysis of economic data for the dental sector and the general economy.
- Comparative growth rate calculations.
- Statistical significance testing (p < 0.001).
Main Results:
- Dentistry's annual growth rate (4.8%) significantly exceeded the economy's (3.3%) from 1950-1986.
- The dental sector experienced lower inflation rates compared to the overall economy.
- Dental sector growth remained unaffected by the 1978-1984 economic recession.
Conclusions:
- The dental sector maintained significant economic strength relative to the national economy.
- Dentistry exhibits economic resilience, outperforming general economic trends and weathering recessions.
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