1966
DOI: 10.2307/3349060
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The Contribution of Health Services to the American Economy

Abstract: I am grateful to Deborah W. Sarachek for the preparation of the bibliography and tables and for numerous contributions to the text. I am also grateful to Dr. Richard H. Kessler for reading the section on medical care, and to Irving Leveson for several useful suggestions.

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Cited by 65 publications
(32 citation statements)
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“…Economists have considered health as human capital for a long time (Mushkin, 1962;Becker, 1964;Fuchs, 1966). Building on human capital theory, Grossman (1972) formulated a formal model to analyze health capital; also see Grossman (2000).…”
Section: Theory and Channelsmentioning
confidence: 99%
“…Economists have considered health as human capital for a long time (Mushkin, 1962;Becker, 1964;Fuchs, 1966). Building on human capital theory, Grossman (1972) formulated a formal model to analyze health capital; also see Grossman (2000).…”
Section: Theory and Channelsmentioning
confidence: 99%
“…Sociologists and economists have discussed the uncertainty inherent in medical practice (Fox, 1957(Fox, , 1959(Fox, , 1970Arrow, 1963;Fuchs,'1966). Although uncertainty affects both patient and doctor, the competence gap between them means that uncertainty generally is greater for the patient (Parsons, 1969).…”
Section: The Problems Of Uncertainty and Powermentioning
confidence: 99%
“…Like education, health is a key component of human capital (Becker 1964;Fuchs 1966;Grossman 1972). Education and skills, after all, are embedded in people, whose productivity depends on their health.…”
mentioning
confidence: 99%