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How do economic incentives and regulatory factors influence adoption of cardiac technologies? Result from the TECH project

Author

Listed:
  • Bech, Mickael

    (Institute of Public Health, University of Southern Denmark)

  • Christiansen, Terkel

    (Institute of Public Health, University of Southern Denmark)

  • Dunham, Kelly

    (Center for Health Policy, Stanford University)

  • Lauridsen, Jørgen

    (Department of Business and Economics, University of Southern Denmark)

  • Lyttkens, Carl Hampus

    (Department of Economics, Lund University)

  • McDonald, Kathryn

    (Center for Health Policy, Stanford University)

  • McGuire, Alistair

    (LSE Health & Social Care, London School of Economics)

  • TECH investigators, the

    (various)

Abstract

The TECH research network collected patient-level data on three procedures for treatment of heart attack patients, (catheterization, coronary artery by-pass grafts and percutaneous transluminal coronary angioplasty), for seventeen countries over an eighteen year period to examine the impact of economic and institutional factors on technology adoption. Specific institutional factors are shown to be important to the up-take of these technologies. Health care systems characterized as public contract systems and reimbursement systems have higher adoption rates than public integrated health care systems. Central funding of investments was negatively associated with adoption rates. GDP per capita also has a strong role in initial adoption. The impact of income and institutional characteristics on the utilization rates of these procedures diminishes over time.

Suggested Citation

  • Bech, Mickael & Christiansen, Terkel & Dunham, Kelly & Lauridsen, Jørgen & Lyttkens, Carl Hampus & McDonald, Kathryn & McGuire, Alistair & TECH investigators, the, 2006. "How do economic incentives and regulatory factors influence adoption of cardiac technologies? Result from the TECH project," Working Papers 2006:15, Lund University, Department of Economics.
    • Handle: RePEc:hhs:lunewp:2006_015
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    File URL: http://project.nek.lu.se/publications/workpap/Papers/WP06_15.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Mickael Bech & Terkel Christiansen & Kelly Dunham & Jørgen Lauridsen & Carl Hampus Lyttkens & Kathryn McDonald & Alistair McGuire & and the TECH Investigators, 2009. "The influence of economic incentives and regulatory factors on the adoption of treatment technologies: a case study of technologies used to treat heart attacks," Health Economics, John Wiley & Sons, Ltd., vol. 18(10), pages 1114-1132, October.
    2. Terkel Christiansen & Kelly Dunham & Jørgen Lauridsen & Carl Hampus Lyttkens & Kathryn Mcdonald & Alistair Mcguire & Carine Milcent, 2009. "The influence of economic incentives and regulatory factors on the adoption of treatment technologies: a case study of technologies used to treat heart attacks," PSE-Ecole d'économie de Paris (Postprint) halshs-03168477, HAL.
    3. repec:dau:papers:123456789/7972 is not listed on IDEAS
    4. Vincenzo Atella & Joanna Kopinska, 2018. "New Technologies and Costs," CEIS Research Paper 442, Tor Vergata University, CEIS, revised 09 Aug 2018.

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    More about this item

    Keywords

    Diffusion of technologies; technological change; economic incentives; regulation;
    All these keywords.

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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