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Self-interested international income redistribution and access to health care innovation

Garcia-Alonso, Maria D C, Acharyya, Rajat (2006) Self-interested international income redistribution and access to health care innovation. European Journal of Political Economy, 22 (2). pp. 322-336. ISSN 0176-2680. (doi:10.1016/j.ejpoleco.2005.08.002) (KAR id:652)

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http://dx.doi.org/10.1016/j.ejpoleco.2005.08.002

Abstract

We study how income redistribution affects decisions of a health care innovator and the utility of individuals. We find that income redistribution from rich to poor can increase the quality of medical innovation and the utility of some consumers whose income is reduced through the redistribution. We therefore find a non-altruistic motive for international income transfers that would increase access to health innovations.

Item Type: Article
DOI/Identification number: 10.1016/j.ejpoleco.2005.08.002
Uncontrolled keywords: Health care; Innovation; International income distribution; Pharmaceuticals
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Maria Garcia-Alonso
Date Deposited: 19 Dec 2007 18:24 UTC
Last Modified: 28 May 2019 13:35 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/652 (The current URI for this page, for reference purposes)
Garcia-Alonso, Maria D C: https://orcid.org/0000-0002-4457-3332
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