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Estimating the Economic Impact of Disease on a Local Economy: The Case of Diabetes in the Lower Rio Grande Valley of Texas

Authors :
Estrada, Joselito K.
Brown, H. Shelton
Hazarika, Gautam
Publication Year :
2005

Abstract

The purpose of this study is to investigate the economic impact of wage reductions that people experience from contracting diabetes. Incorporating wage reduction information into an input-output model reveals that as diabetics' wages decrease by $1.00, production and income in the local economy decline by $0.36 and $0.38, respectively.

Subjects

Subjects :
Health Economics and Policy

Details

Language :
English
Database :
OpenAIRE
Accession number :
edsair.doi...........1fbd3f9a496185db54604c081ec2ff21
Full Text :
https://doi.org/10.22004/ag.econ.35563