Computer use and productivity growth in US federal government agencies, 1987-92
Article Abstract:
A study involving interviews and econometric analysis was conducted to examine the influence of computer use on productivity in the public sector from 1987 to 1992. During this period, there was a 47% increase in the number of computers for every employee. A production function for government services that incorporates information technology (IT) capital as an input was formulated. Findings revealed a significant positive relationship between productivity growth and computer-intensity growth, proving the existence of excess returns to IT capital.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 1998
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Do (more and better) drugs keep people out of hospitals?
Article Abstract:
A model is developed to examine the role of drug use in reducing hospitalization days and mortality. An International Classification of Diseases (ICD9) two-digit disease is used as a unit of analysis. Using data from the 1980 and 1991 National Ambulatory Medical Care Survey, estimates show that a dollar increase in prescriptions for drugs resulted to a corresponding $3.65 reduction in hospitalization costs.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
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The importance of the physician in the generic versus trade-name prescription decision
Article Abstract:
No significant differences was found in the prescription decision of physicians, as shown by the equal probabilities for prescribing generic and trade-name drugs to patients. This result does not take into consideration the physician's knowledge of the generic or trade-name drugs life in the market or the relative effectivity of the drugs for acute or chronic illnesses.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1998
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