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W. J. Baumol, “Health Care, Education and the Cost Disease: A Looming Crisis for Public Choice,” In: C. Rowley, F. Schneider and R. D. Tollison, Eds., The Next Twenty-Five Years of Public Choice, Springer, Netherlands, 1993, pp. 17-28.
http://dx.doi.org/10.1007/978-94-017-3402-8_3

has been cited by the following article:

• TITLE: Why Is Medical Care Expensive in the US?

  AUTHORS: Kaz Miyagiwa, Paul Rubin

  KEYWORDS: Medical Care Expenditures; US Health Care Reform

  JOURNAL NAME: Theoretical Economics Letters, Vol.4 No.1, February 12, 2014

  ABSTRACT: America spends more on medical care than any other nation, with no noticeable difference in results. It is commonly thought that this is a result of a defect in the organization of medicine in the US, which can be repaired by “reform.” However, medicine is a labor-intensive good and labor is more expensive in the US. We show that these conditions will invariably lead to a higher price and a higher percentage of GDP spent on medicine. Thus, while reforms may improve the functioning of the health care sector, they are unlikely to have a major effect on spending levels.