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Measuring the Gains from Medical ResearchAn Economic Approach$
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Kevin M. Murphy and Robert H. Topel

Print publication date: 2003

Print ISBN-13: 9780226551784

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226551791.001.0001

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The Return to Biomedical Research: Treatment and Behavioral Effects

The Return to Biomedical Research: Treatment and Behavioral Effects

(p.110) Chapter Four The Return to Biomedical Research: Treatment and Behavioral Effects
Measuring the Gains from Medical Research
David M. Cutler, Srikanth Kadiyala
University of Chicago Press

This chapter investigates the link between medical research and health, focusing on the dual effects of medical research on medical treatments and behavioral change. It discusses the broad factors leading to reduced cardiovascular disease (CVD) mortality, analyzes the factors leading to changes in medical treatments and behaviors, and considers the implications of these findings for medical research. The findings estimate that about one-third of the decline in CVD mortality is due to invasive treatments, one-third is due to the use of risk-reducing pharmaceuticals, and the remaining third stems from behavioral changes.

Keywords:   medical research, health, medical treatments, behavioral change, cardiovascular disease mortality, invasive treatments, pharmaceuticals

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