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Health Care Quality vs Health Care Quantity: A General Equilibrium Analysis

Author

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  • Chatterjee, Tonmoy
  • Gupta, Kausik

Abstract

This paper attempts to relate the issues of health care quality with international trade. For this purpose we have mixed both flavours of Heckscher-Ohlin-Samuelson and Neo- Heckscher-Ohlin frameworks and developed a hybrid type of trade theoretic general equilibrium model. In such a set up we have shown that a movement from a regime of international health capital immobility to a regime of international health capital mobility may lead to an expansion of the health quality exporting sector. Apart from quality aspect of health services, the quantity aspect of health care has been also considered in this study. Moreover, from that hybrid model we have illustrated that the sizes of health care and composite export sector expand, where as import sector of our small open economy contracts.

Suggested Citation

  • Chatterjee, Tonmoy & Gupta, Kausik, 2014. "Health Care Quality vs Health Care Quantity: A General Equilibrium Analysis," MPRA Paper 57314, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:57314
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    References listed on IDEAS

    as
    1. Rajat Acharyya, 2005. "Product Standards, Exports and Employment," Contributions to Economics, Springer, number 978-3-7908-1596-2, December.
    2. Ronald W. Jones, 2018. "The Structure of Simple General Equilibrium Models," World Scientific Book Chapters, in: International Trade Theory and Competitive Models Features, Values, and Criticisms, chapter 4, pages 61-84, World Scientific Publishing Co. Pte. Ltd..
    3. Marjit, Sugata & Kar, Saibal, 2009. "Emigration, Wage Inequality and Vanishing Sectors," MPRA Paper 19354, University Library of Munich, Germany.
    4. Acharyya, Rajat, 2004. "Product Standards, Exports and Employment An Analytical Study," MPRA Paper 30160, University Library of Munich, Germany.
    5. Acharyya, Rajat & Jones, Ronald W., 2001. "Export quality and income distribution in a small dependent economy," International Review of Economics & Finance, Elsevier, vol. 10(4), pages 337-351, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Health Care quality; International trade; International health capital mobility and General equilibrium.;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development

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