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Assistive Technology Pricingin Australia: Is It Efficient and Equitable?

Author

Listed:
  • Summers, Michael
  • George, Verikios

Abstract

Recently, concerns have been raised that in comparison to prices for assistive technology (AT) (e.g., disability aids and equipment)in other countries, Australian AT retailers’ prices are excessive. We present three sets of price comparisons for AT that indicate Australian prices arelow comparedto other countries. Further, there is no evidence of suppliers earning supranormal profits in Australia. Together, all the evidence suggests that AT prices in Australia are efficient and equitable. Efforts to reduce prices through the excessive use of large-scale government procurement programs are likely to reduce diversity and innovation in AT and raise AT prices over time.

Suggested Citation

  • Summers, Michael & George, Verikios, 2016. "Assistive Technology Pricingin Australia: Is It Efficient and Equitable?," MPRA Paper 106500, University Library of Munich, Germany, revised 09 Dec 2016.
    • Handle: RePEc:pra:mprapa:106500
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    File URL: https://mpra.ub.uni-muenchen.de/106500/1/MPRA_paper_106500.pdf
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    References listed on IDEAS

    as
    1. Commission, Productivity, 2011. "Economic Structure and Performance of the Australian Retail Industry," Inquiry Reports, Productivity Commission, Government of Australia, number 56.
    2. Baumol, W.J., 1993. "Social Wants and Dismal Science: The Curious Case of the Climbing Costs of Health and Teaching," Working Papers 93-20, C.V. Starr Center for Applied Economics, New York University.
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    Cited by:

    1. Emily J Steel, 2019. "The Duplicity of Choice and Empowerment: Disability Rights Diluted in Australia’s Policies on Assistive Technology," Societies, MDPI, vol. 9(2), pages 1-12, May.

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    More about this item

    Keywords

    assistive technology; efficiency; equity; government procurement;
    All these keywords.

    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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