Trade in Health Services and Globalization: The Role of Infinitesimal Changes of Trade Policy

Chatterjee, Tonmoy and Gupta, Kausik (2013): Trade in Health Services and Globalization: The Role of Infinitesimal Changes of Trade Policy.

Abstract

This paper attempts to integrate the issues related to health care, consumption efficiency hypothesis and international trade in the context of a developing economy. In this article we have framed a hybrid type of three sector general equilibrium trade model in the presence of a nutritional efficiency factor of health consumption, where first two sectors form a Heckscher-Ohlin nugget and the third one is a non-traded health service producing sector. Overall, we find little harm from trade, and potential gains from welfare aspect.

• Item Type: MPRA Paper
• Language: English
• Keywords: Health sector, Trade Policy, Social Welfare and General equilibrium.
• Subjects: D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D58 - Computable and Other Applied General Equilibrium Models; F - International Economics > F1 - Trade > F11 - Neoclassical Models of Trade; F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; I - Health, Education, and Welfare > I1 - Health > I11 - Analysis of Health Care Markets; I - Health, Education, and Welfare > I1 - Health > I15 - Health and Economic Development; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I31 - General Welfare, Well-Being

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