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Is American Pet Health Care (Also) Uniquely Inefficient? / Liran Einav, Amy Finkelstein, Atul Gupta.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Einav, Liran.
Contributor:
National Bureau of Economic Research.
Finkelstein, Amy.
Gupta, Atul.
Series:
Working Paper Series (National Bureau of Economic Research) no. w22669.
NBER working paper series no. w22669
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Is American Pet Health Care
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2016.
Summary:
We document four similarities between American human healthcare and American pet care: (i) rapid growth in spending as a share of GDP over the last two decades; (ii) strong income-spending gradient; (iii) rapid growth in the employment of healthcare providers; and (iv) similar propensity for high spending at the end of life. We speculate about possible implications of these similar patterns in two sectors that share many common features but differ markedly in institutional features, such as the prevalence of insurance and of public sector involvement.
Notes:
Print version record
September 2016.

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