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Examining the Economic Value of Investing in Health
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作者 Peixin WU Shouyang WANG 《Journal of Systems Science and Information》 2024年第5期575-589,共15页
This review article examines the relationship between health and economic development,highlighting the economic benefits of investing in health.The rise of non-communicable diseases(NCDs)and the COVID-19 pandemic have... This review article examines the relationship between health and economic development,highlighting the economic benefits of investing in health.The rise of non-communicable diseases(NCDs)and the COVID-19 pandemic have exposed high demand for increased investment in health as well as critical gaps in the global health system,particularly in low-and middle-income countries,where investments in primary healthcare and innovations in health technologies are lacking.The article emphasizes the importance of examining the economic impact of health,providing a summary of the different pathways through which health impacts the economy and reviewing various economic analyses,including a novel methodology called the health-augmented macroeconomic model(HMM)for evaluating the macroeconomic value of investing in health.The article suggests that reducing disease burdens can effectively generate sizable economic returns,and it is vital to integrate the concept of economic value in health policies and interventions. 展开更多
关键词 investing in health macroeconomic value economic returns health-augmented macroeconomic model
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Macro-economic Model and Its H_∞ Control Strategies for Liaoning Province
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作者 ZHONG Mai\|ying,\ HUANG Xiao\|yuan The Faculty of Business Administration, Northeastern University, Shenyang 110006, China 《Systems Science and Systems Engineering》 CSCD 2000年第3期332-340,共9页
This paper established the macroeconomic model of Liaoning province based on the data of the 20 years implementing economic structure reform. The obvious advantage of this model is that economic system′s uncertain en... This paper established the macroeconomic model of Liaoning province based on the data of the 20 years implementing economic structure reform. The obvious advantage of this model is that economic system′s uncertain environment is considered, that is the economic risky. Under the worst\|cast, H ∞ control strategy is obtained by solving a Riccati equation. Finally, the simulation shows that economic risk can be attenuated efficiently by taking of H ∞ control strategy. 展开更多
关键词 macroeconomic model risky worst\|case H control
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