TY - JOUR
T1 - The Influences of Prevention on the Quality of Life
AU - Wang, Fuhmei
N1 - Funding Information:
This work was supported by grants from the Ministry of Science and Technology of Taiwan (Grant no. MOST104-2410-H-006-109 -, MOST105-2410-H-006-091, MOST 107-2410-H-006-082-, and MOST 108-2410-H-006 -088 -MY2). The funder had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.
Publisher Copyright:
© 2019, The International Society for Quality-of-Life Studies (ISQOLS) and Springer Nature B.V.
PY - 2021/2
Y1 - 2021/2
N2 - This research proposes the concept of “utility-adjusted life expectancy” (UALE), which adjusts the lifetime survival function with a more comprehensive utility measure that combines utilities from both consumption and health to investigate the influences of prevention intervention on a population’s well-being. We find that an economy with appropriate preventative healthcare provisions is associated with better human well-being and greater UALE in terms of utility-adjusted life years (UALYs). Based on Taiwan’s experiences, when the share of prevention spending to GDP increases from real 0.27% to 1.19% for growth maximization, the per capita GDP growth rate increases from 3.2% to 4%. Human well-being increases from 26.37 UALYs to 32.57 UALYs. Over all, human well-being increases by 6.2 UALYs. When this share is at 2.03% for welfare maximization, the economy grows at 3.9%, and the UALE increases by 6.65 UALYs. The economy trades a 0.1% economic growth rate reduction for 0.45 UALYs of well-being improvement.
AB - This research proposes the concept of “utility-adjusted life expectancy” (UALE), which adjusts the lifetime survival function with a more comprehensive utility measure that combines utilities from both consumption and health to investigate the influences of prevention intervention on a population’s well-being. We find that an economy with appropriate preventative healthcare provisions is associated with better human well-being and greater UALE in terms of utility-adjusted life years (UALYs). Based on Taiwan’s experiences, when the share of prevention spending to GDP increases from real 0.27% to 1.19% for growth maximization, the per capita GDP growth rate increases from 3.2% to 4%. Human well-being increases from 26.37 UALYs to 32.57 UALYs. Over all, human well-being increases by 6.2 UALYs. When this share is at 2.03% for welfare maximization, the economy grows at 3.9%, and the UALE increases by 6.65 UALYs. The economy trades a 0.1% economic growth rate reduction for 0.45 UALYs of well-being improvement.
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U2 - 10.1007/s11482-019-09759-4
DO - 10.1007/s11482-019-09759-4
M3 - Article
AN - SCOPUS:85069968785
SN - 1871-2584
VL - 16
SP - 129
EP - 139
JO - Applied Research in Quality of Life
JF - Applied Research in Quality of Life
IS - 1
ER -
