Browsing Hankamer School of Business by Subject "Unbalanced growth"
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Baumol’s cost disease and physician shortages: an analysis of rising healthcare expenditures from the supply side. (2019-04-09)Over the last two decades, the U.S. experienced a stagnant supply of physicians, as well as rapidly rising healthcare expenditures. Based on a novel version of Baumol’s unbalanced growth model, this paper addresses the ...