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Demand-based models and market failure in health...
Journal article

Demand-based models and market failure in health care: projecting shortages and surpluses in doctors and nurses

Abstract

Models for projecting the demand for and supply of health care workers are generally based on objectives of meeting demands for health care and assumptions of status quo in all but the demographic characteristics of populations. These models fail to recognise that public intervention in health care systems arises from market failure in health care and the absence of an independent demand for health care. Hence projections of demand perpetuate …

Authors

Birch S

Journal

Health Economics Policy and Law, Vol. 14, No. 2, pp. 291–294

Publisher

Cambridge University Press (CUP)

Publication Date

April 2019

DOI

10.1017/s1744133118000336

ISSN

1744-1331