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Estimating the Economic Impact of Disease on a Local Economy: The Case of Diabetes in the Lower Rio Grande Valley of Texas

Author

Listed:
  • Estrada, Joselito K.
  • Brown, H. Shelton, III
  • Hazarika, Gautam

Abstract

The purpose of this study is to investigate the economic impact of wage reductions that people experience from contracting diabetes. Incorporating wage reduction information into an input-output model reveals that as diabetics' wages decrease by $1.00, production and income in the local economy decline by $0.36 and $0.38, respectively.

Suggested Citation

  • Estrada, Joselito K. & Brown, H. Shelton, III & Hazarika, Gautam, 2005. "Estimating the Economic Impact of Disease on a Local Economy: The Case of Diabetes in the Lower Rio Grande Valley of Texas," 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas 35563, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeafl:35563
    DOI: 10.22004/ag.econ.35563
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    Keywords

    Health Economics and Policy;

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