Article ID Journal Published Year Pages File Type
5068558 European Journal of Political Economy 2006 15 Pages PDF
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.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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