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International medical technology diffusion
Authors:Chris Papageorgiou  Andreas Savvides
Institution:a Research Department, International Monetary Fund, 700 19th Street, NW, Washington, DC 20431, United States
b Department of Economics, Louisiana State University, Baton Rouge, LA 70803, United States
c Department of Economics, Oklahoma State, University, Stillwater, OK 74078, United States
d Department of Economics, University of Cyprus, 1678 Nicosia, Cyprus
Abstract:Does medical technology generated in frontier countries have a significant impact on health outcomes in the rest of the world? This paper considers a framework where non-frontier countries may benefit from medical innovation that is embodied in medical imports or diffuses in the form of ideas. Using a novel dataset from a cross-section of 63 technology-importing countries, we show that medical technology diffusion is an important contributor to improved health status, as measured by life expectancy and mortality rates.
Keywords:International technology diffusion  Life expectancy  Medical imports  Medical students
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