The Welfare Cost Of Antimicrobial Resistance - Tuberculosis As An Illustrative Example

Kerry Hickson
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Kerry Hickson: CAGE

CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE)

Abstract: The recent increase in antimicrobial resistance has received concern from the government and media. The twentieth century history of tuberculosis in England and Wales presented here shows that some of the more extreme apocalyptic scenarios are unlikely. The paper shows that preventive medicine can play a major role; that the threat should reduce the use of antimicrobials; and the scope for government to intervene with sound public health policies. The paper also estimates the value of twentieth century health gains associated with eliminating tuberculosis in England and Wales to be worth at least $127 billion, which provides a warning about the potential gains that could be lost without initiatives to prevent antimicrobial resistance.

Keywords: Antimicrobial resistance; tuberculosis; twentieth century; England and Wales; mortality; morbidity JEL Classification: I11; I18; J17 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-agr and nep-hea
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http://www2.warwick.ac.uk/fac/soc/economics/resear ... 241-2015_hickson.pdf

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Persistent link: https://EconPapers.repec.org/RePEc:cge:wacage:241

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