Not Evidence for Baumol’s Cost Disease. A replication study of Hartwig (Journal of Health Economics, 2008)
In his 2008 Journal of Health Economics paper, Jochen Hartwig claimed that Baumol’s Cost Disease (BCD) theory could explain observed increases in health care expenditures in OECD countries. This paper replicates Hartwig’s results and demonstrates that he tested the wrong hypothesis. When one test...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
ZBW
2020-03-01
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| Series: | International Journal for Re-Views in Empirical Economics |
| Subjects: | |
| Online Access: | https://doi.org/10.18718/81781.16 |