The friction cost method for measuring indirect costs of disease

A new approach for estimating the indirect costs of disease, which explicitly considers economic circumstances that limit production losses due to disease, is presented (the friction cost method). For the Netherlands the short-term friction costs in 1990 amount to 1.5–2.5% of net national income (NN...

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Bibliographic Details
Published inJournal of health economics Vol. 14; no. 2; pp. 171 - 189
Main Authors Koopmanschap, Marc A., Rutten, Frans F.H., van Ineveld, B.Martin, van Roijen, Leona
Format Journal Article
LanguageEnglish
Published Netherlands Elsevier B.V 01.06.1995
Elsevier
Elsevier Sequoia S.A
SeriesJournal of Health Economics
Subjects
Absence from work
Absenteeism
Cost analysis
Cost of Illness
Costs
Disease
Diseases
Economic impact
Efficiency, Organizational - economics
Employment - economics
Female
Friction
Friction costs
Health administration
Health economics
Humans
Illnesses
Indirect costs
Male
Middle Aged
Models, Econometric
Mortality
Netherlands - epidemiology
Statistical analysis
Studies
Value of Life
Netherlands
Cost of illness
H51
J60
Friction costs
I12
Indirect costs
Absence from work
D61
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Summary:A new approach for estimating the indirect costs of disease, which explicitly considers economic circumstances that limit production losses due to disease, is presented (the friction cost method). For the Netherlands the short-term friction costs in 1990 amount to 1.5–2.5% of net national income (NNI), depending on the extent to which short-term absence from work induces production loss and costs. The medium-term macro-economic consequences of absence from work and disability reduce NNI by an additional 0.8%. These estimates are considerably lower than estimates based on the traditional human capital approach, but they better reflect the economic impact of illness.
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ISSN:0167-6296
1879-1646
DOI:10.1016/0167-6296(94)00044-5