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Pregled bibliografske jedinice broj: 1171665

Social Implications of ‘P5’ Medicine


Bejaković, Predrag; Pržiklas Družeta, Romina; Škare, Marinko
Social Implications of ‘P5’ Medicine // Novel perspectives in economics of personalized medicine and healthcare systems / Pržiklas Družeta, Romina ; Škare, Marinko ; Kraljević Pavelić, Sandra (ur.).
New York (NY): Nova Science Publishers, 2022. str. 125-150


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Naslov
Social Implications of ‘P5’ Medicine

Autori
Bejaković, Predrag ; Pržiklas Družeta, Romina ; Škare, Marinko

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Novel perspectives in economics of personalized medicine and healthcare systems

Urednik/ci
Pržiklas Družeta, Romina ; Škare, Marinko ; Kraljević Pavelić, Sandra

Izdavač
Nova Science Publishers

Grad
New York (NY)

Godina
2022

Raspon stranica
125-150

ISBN
978-1-68507-390-9

Ključne riječi
‘P5’ Medicine ; total factor productivity loss ; Social development ; Social Implications
(‘P5’ Medicine ; Total factor productivity loss ; Social development ; Social Implications)

Sažetak
The advancement of modern medicine has highlighted the fundamental question of social development priorities. In the allocation of limited healthcare resources, decision makers should consider a plethora of factors and apply several often-opposing decision criteria of which equity, access, fairness and effectiveness are the most prominent ones. Currently, the economic value of health reforms is particularly dependent on the speed of economic development. The aim of this chapter is to provide an overview of social implications of the ‘P5’ medicine approach, focusing particularly on total factor productivity loss (‘P5’ shocks). Using the panel structural vector autoregression model (PSVAR), we present estimates for eighteen OECD countries for the period 1970-2019. Our framework provides arguments for taking a broad social perspective on value, particularly in terms of including all relevant costs such as productivity loss in economic evaluations. To reach the level of permanent improvement of health standards, the beneficial effect of well-being should be integrated in social policy reform. Successfully interconnecting science, technology and molecular biology is a “wake-up” call for a radical change of mindset and reorganization of how we govern health in the 21st century. The challenge is to ensure a hybrid approach where all stakeholders participate in defining the future of personalized medicine.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekti:
--UP.04.2.1.06.0055 - Tematske mreže za društveno-ekonomski razvoj te promicanje socijalnog dijaloga u kontekstu unapređivanja uvjeta rada (digitalna.hr) (Luić, Ljerka; Bejaković, Predrag; Žajdela Hrustek, Nikolina; Jagušt, Tomislav; Balen, Hrvoje) ( CroRIS)

Ustanove:
Institut za javne financije, Zagreb,
Sveučilište Jurja Dobrile u Puli


Citiraj ovu publikaciju:

Bejaković, Predrag; Pržiklas Družeta, Romina; Škare, Marinko
Social Implications of ‘P5’ Medicine // Novel perspectives in economics of personalized medicine and healthcare systems / Pržiklas Družeta, Romina ; Škare, Marinko ; Kraljević Pavelić, Sandra (ur.).
New York (NY): Nova Science Publishers, 2022. str. 125-150
Bejaković, P., Pržiklas Družeta, R. & Škare, M. (2022) Social Implications of ‘P5’ Medicine. U: Pržiklas Družeta, R., Škare, M. & Kraljević Pavelić, S. (ur.) Novel perspectives in economics of personalized medicine and healthcare systems. New York (NY), Nova Science Publishers, str. 125-150.
@inbook{inbook, author = {Bejakovi\'{c}, Predrag and Pr\v{z}iklas Dru\v{z}eta, Romina and \v{S}kare, Marinko}, year = {2022}, pages = {125-150}, keywords = {‘P5’ Medicine, total factor productivity loss, Social development, Social Implications}, isbn = {978-1-68507-390-9}, title = {Social Implications of ‘P5’ Medicine}, keyword = {‘P5’ Medicine, total factor productivity loss, Social development, Social Implications}, publisher = {Nova Science Publishers}, publisherplace = {New York (NY)} }
@inbook{inbook, author = {Bejakovi\'{c}, Predrag and Pr\v{z}iklas Dru\v{z}eta, Romina and \v{S}kare, Marinko}, year = {2022}, pages = {125-150}, keywords = {‘P5’ Medicine, Total factor productivity loss, Social development, Social Implications}, isbn = {978-1-68507-390-9}, title = {Social Implications of ‘P5’ Medicine}, keyword = {‘P5’ Medicine, Total factor productivity loss, Social development, Social Implications}, publisher = {Nova Science Publishers}, publisherplace = {New York (NY)} }




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