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The demand for health turns 50: Reflections
1City University of New York Graduate Center, National Bureau of Economic Research, and Institute of Labor Economics, New York, New York, USA.
Health Economics
|July 8, 2022
Summary
This editorial celebrates the 50th anniversary of the demand for health model. It reviews the model's history and its significant influence on health economics research.
Area of Science:
- Health Economics
- Behavioral Economics
- Public Health Policy
Background:
- The demand for health model, first published in 1972, provides a foundational framework for understanding health-related decisions.
- This year marks the 50th anniversary of its seminal publications in the Journal of Political Economy and as an NBER Occasional Paper.
Discussion:
- The editorial traces the historical development and evolution of the demand for health model.
- It examines the model's theoretical underpinnings and empirical applications over five decades.
Key Insights:
- The demand for health model has profoundly shaped the field of health economics.
- Its enduring relevance lies in its ability to analyze factors influencing health investments and outcomes.
Outlook:
- Future research directions and potential extensions of the demand for health model are considered.
- The editorial highlights the model's continued importance for addressing contemporary health challenges.
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