Table 1 Substantial differences between health fiscalogy and health economics
From: Dilemma of healthcare reform and invention of new discipline of health fiscalogy
Items | Health economics | Health fiscalogy |
|---|---|---|
Historical origin | Historical product of modern society | Concomitant of society with long history |
Discipline | Branch discipline of economics | Public economics and public finance |
Nature of policy | Policy of economics and market | Public policy and social policy |
Objective of policy | Economic efficiency and making profit | Social equity and health equity |
Disciplinary level | Micro and mid level | Macro and strategic |
Theoretical basis | Economics and market competition | Governmental responsibility and social rights |
View of research | Resource allocation and market distribution | Resource allocation and government distribution |
Nature of questions | Economic questions | Political and social questions |
Research topics | Market mechanism and economic efficiency | Governmental responsibility and social equity |
Behavior subjects | Market sector | Government, Non-profit organizations |
Research subjects | Market economy and relationship between supply and need | Governmental decision and public policy |
Analysis unit | Individual behavior and preference | Collective behavior and public choice |
Research scope | Whole process of manufacturing, transportation and consumption | Income, budget, implementation, supervision |
Role of government | Insignificant and secondary | Dominant and key |
Role of market | Core and decisive | Insignificant and secondary |
The third sector | Civil society and philanthropy | Important factors and other supplementary roles |
Research method | Model and econometrics | Public policy analysis and comparison |
Research team | Mainly economists | Experts on politics and public management |
Function | Economic analysis and model building | Public finance and budget management |
Effects | Economic efficiency and economic welfare | Social equity and health equity |