Productivity and the Price of Medical Services

Posted: 30 Aug 2012

Date Written: 1969


Examines the implication of high price and production of medical services in the United States. Rate of medical service productivity increase in overall economic productivity; provision of income compensation required to maintain consumer utility function; importance of population health level in obtaining price index.

Suggested Citation

Barzel, Yoram, Productivity and the Price of Medical Services (1969). Journal of Political Economy, Vol. 77, No. 6, 1969, Available at SSRN:

Yoram Barzel (Contact Author)

University of Washington ( email )

Box 353330
Seattle, WA 98195-3330
United States
206-543-2510 (Phone)
206-685-7477 (Fax)

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