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Article citations


A. K. Dixit and V. Norman, “Theory of International Trade,” Oxford University Press, Oxford, 1980.

has been cited by the following article:

  • TITLE: Why Is Medical Care Expensive in the US?

    AUTHORS: Kaz Miyagiwa, Paul Rubin

    KEYWORDS: Medical Care Expenditures; US Health Care Reform

    JOURNAL NAME: Theoretical Economics Letters, Vol.4 No.1, February 12, 2014

    ABSTRACT: America spends more on medical care than any other nation, with no noticeable difference in results. It is commonly thought that this is a result of a defect in the organization of medicine in the US, which can be repaired by “reform.” However, medicine is a labor-intensive good and labor is more expensive in the US. We show that these conditions will invariably lead to a higher price and a higher percentage of GDP spent on medicine. Thus, while reforms may improve the functioning of the health care sector, they are unlikely to have a major effect on spending levels.