Authors: Klaus-Dirk Henke; Dennis A. Ostwald
Addresses: School of Economics and Management, Institute for Economy and Economic Law, Technical University Berlin, Steinplatz 2, D 10623 Berlin, Germany. ' WifOR Institut, Elisabethenstraße 35, D 64285 Darmstadt, Germany
Abstract: The usual assessment of the healthcare sector as a mere cost factor falls short. The Health Satellite Account created by TU Berlin, Roland Berger Strategy Consultants and WifOR Institute for the first time allows a qualitative and quantitative analysis of the economic impact of the German healthcare industry on the basis of national accounts. The outcome of the calculation is that the German healthcare industry creates one tenth of Germany's economic performance and employs nearly 5.6 million workers. Thus it must not be seen only as cost driver but rather as an important factor for growth and employment in Germany.
Keywords: healthcare sector; growth; employment; health satellite account; HSA; economic impact; Germany; healthcare costs; economic performance; economic growth.
International Journal of Behavioural and Healthcare Research, 2012 Vol.3 No.2, pp.91 - 105
Available online: 03 May 2012 *Full-text access for editors Access for subscribers Purchase this article Comment on this article