Productivity cost calculations in health economic evaluations: Correcting for compensation mechanisms and multiplier effects
Marieke Krol,
Werner Brouwer,
Johan L. Severens,
Janneke Kaper and
Silvia M.A.A. Evers
Social Science & Medicine, 2012, vol. 75, issue 11, 1981-1988
Abstract:
Productivity costs related to paid work are commonly calculated in economic evaluations of health technologies by multiplying the relevant number of work days lost with a wage rate estimate. It has been argued that actual productivity costs may either be lower or higher than current estimates due to compensation mechanisms and/or multiplier effects (related to team dependency and problems with finding good substitutes in cases of absenteeism). Empirical evidence on such mechanisms and their impact on productivity costs is scarce, however.
Keywords: The Netherlands; Economic evaluation; Methodology; Absenteeism; Productivity costs; Compensation mechanisms; Team dependency (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (12)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:socmed:v:75:y:2012:i:11:p:1981-1988
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DOI: 10.1016/j.socscimed.2012.07.012
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