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by 15.9% and hospital costs by 4.7%. Our estimation results show that the effects on charge prices do not last as long as … negotiated prices, while low-price hospitals increase charges; (2) hospital characteristics such as ownership, case mix, and … payer mix; and (3) hospital size and market competition. We also conduct counterfactuals to predict price changes of non …
Persistent link: https://www.econbiz.de/10012643545
differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger …. We allow the merger responses to vary across firms, even after controlling for regressors, and apply a random …' postmerger output further increases (and postmerger price further declines) if merging firms are more efficient, operate in more …
Persistent link: https://www.econbiz.de/10011717038
Most retrospective merger studies resort to the treatment effect approach, comparing the price dynamics in a treatment … thus that seemingly distant entities may be affected through indirect channels. An illustration based on a merger in the … Parisian parking market is provided. -- merger retrospective analysis ; treatment effect models …
Persistent link: https://www.econbiz.de/10008757537
We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …
Persistent link: https://www.econbiz.de/10011809924
of the hospital from a fringe institution to one essential to the practice of medicine. Despite the central role of …. In this paper, we explore how access to the hospital and modern medicine affects mortality. We do so by leveraging a … combination of novel data and a unique quasi-experiment: a large-scale hospital modernization program introduced by The Duke …
Persistent link: https://www.econbiz.de/10013454014
We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the … a horizontal merger that has been ignored in the existing literature. In contrast to the usual belief, we also show that … a horizontal merger may benefit the consumers and the society. …
Persistent link: https://www.econbiz.de/10010412755
Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the …
Persistent link: https://www.econbiz.de/10011398061
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger …
Persistent link: https://www.econbiz.de/10011481190
We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential …
Persistent link: https://www.econbiz.de/10010484491
a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a … manufacturers merger, although it leads to an increase in the wholesale prices, it can enhance product variety. The merger generated … products to consumers, a merger never results into more product variety. Still, both in the presence and in the absence of …
Persistent link: https://www.econbiz.de/10010388531