Abstract
This study is primarily concerned with theindustrial potential of health carebroadly defined, and only secondarily with the welfare implications of health care production. The industrialization of this highly regulated sector — ingrained with traditions, work practices and political ideology that in large measure spurn attempts at commercialization — poses interesting problems of economic incentives, organization, and competition. This orientation of the analysis may be somewhat disrespectful to some, but the subject matter, nevertheless, is not only interesting but also important for the future well-being of rich Western nations. We find, in fact, that a competent, policy-guided transformation of the largely planned health care sector to a market-based industry probably will produce positive welfare effects compared to carrying on as before. A comparison between the U.S. and the Swedish approaches has provided useful insights.
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Eliasson, G. (2002). THE HEALTH CARE COMPETENCE BLOC: On the Integration of Biotechnology, Pharmaceuticals, and Medical Technologies with Hospital Care and Health Insurance. In: Carlsson, B. (eds) Technological Systems in the Bio Industries. Economics of Science, Technology and Innovation, vol 26. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-0915-8_9
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