The Economic Impact of the Health Sector on the Economy of Appanoose County, Iowa

Daniel Otto and Georgeanne Artz

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: The importance of medical and health facilities as community service providers is wellestablished, yet their role in generating significant economic impacts for the community is less often acknowledged. Health care facilities, such as hospitals and nursing homes, not only employ many people with a sizeable payroll, but also draw a large number of people from rural areas into the community for medical services. In this study, we attempt to identify and measure the economic importance of the health sector for the economy of Appanoose County, Iowa. The specific objectives of this report are to:1. summarize the direct economic activities of the health sector;2. review concepts of community economics and multipliers related to healthcare; and3. estimate the secondary impacts of the health sector on Appanoose County’s economy.

Date: 2019-02-04
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201902040800001063

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