Medical tourism and health worker migration in developing countries
Hamid Beladi,
Chi-Chur Chao,
Mong Shan Ee and
Daniel Hollas
Economic Modelling, 2015, vol. 46, issue C, 391-396
Abstract:
In developing countries of tourist destinations, an increase in medical tourism raises the wages in the medical tourism sector, thereby retaining skilled medical workers who otherwise leave the country. However, the expansion of medical tourism contracts the domestic healthcare services sector, causing lower labor productivity in the economy. Medical tourism can increase domestic welfare if the benefits from migration retention and tourism exports outweigh the losses in revenue and productivity declines.
Keywords: Medical tourism; Wage inequality; Welfare (search for similar items in EconPapers)
JEL-codes: F10 O15 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:46:y:2015:i:c:p:391-396
DOI: 10.1016/j.econmod.2014.12.045
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