Document Type

Thesis - Open Access

Award Date

1984

Degree Name

Master of Science (MS)

Department

Economics

First Advisor

Charles E. Lamberton

Abstract

A great deal of attention has been devoted in recent years to the rising costs of health care and to the resulting pressures upon private and public budgets. Likewise, much attention has been focused on the economic well-being of the increasing number of older citizens. Surprisingly, the tools of economics have been infrequently applied to the nursing home industry, which is a growing segment of the health care sector that now provides services to over one million elderly persons annually (U.S., Department of Health and Human Services, 1981). Since economics is concerned with scarce resources and their efficient allocation among alternative uses, the nursing home industry would appear to be an appropriate subject for economic analysis. Before such an analysis can proceed to larger concerns of public finance, economic welfare, and the distributional aspects of nursing home care among the nation's elderly, knowledge is needed of the demand and supply conditions that prevail within the industry. This study seeks to contribute to that knowledge by investigating the nature of demand for nursing home care.

Library of Congress Subject Headings

Demand (Economic theory) -- Mathematical models
Nursing homes -- Utilization -- South Dakota

Format

application/pdf

Number of Pages

95

Publisher

South Dakota State University

Rights

No Copyright - United State
http://rightsstatements.org/vocab/NoC-US/1.0/

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