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In a famous paper, Kenneth Sokoloff argued that the labor input of entrepreneurs was generally not included in the count of workers in manufacturing establishments in the early censuses of manufacturing. According to Sokoloff, this biased downward econometric estimates of economies of scale if...
Persistent link: https://www.econbiz.de/10013080210
can attend an in-network hospital emergency department, but receive care and potentially a large, unexpected bill from an … out-of-network emergency physician working at that hospital. Because patients do not choose their emergency physician …
Persistent link: https://www.econbiz.de/10012951335
patients who have greater scope for hospital choice, suggesting a role for patient demand in allocation in the hospital sector …
Persistent link: https://www.econbiz.de/10012936864
increase costs. We illustrate our argument with examples taken from the insurance and the hospital industries, and discuss …
Persistent link: https://www.econbiz.de/10012766288
for diseases with the greatest profitability and demand elasticity. Most empirical evidence regarding hospital competition … – ambulances usually take patients to the closest (or affiliated) hospital. In this paper, we derive a theoretically appropriate ….S. regional hospital markets to instrument for market concentration. We then estimate the model using risk-adjusted Medicare data …
Persistent link: https://www.econbiz.de/10012979347
We examine the evolving structure of the U.S. hospital industry since 1970, focusing on how ownership form influences … hospital chain significantly decreases the probability of exit for for-profits, but not not-for-profits …
Persistent link: https://www.econbiz.de/10013221974
bans are not associated with statistically significant short-term declines in mortality or hospital admissions for …
Persistent link: https://www.econbiz.de/10013225844
market shares at a point in time and are more likely to expand over time. For example, a 10 percent increase in hospital …
Persistent link: https://www.econbiz.de/10013063567
High and increasing hospital prices have led to calls for price regulation. If prices are high because of consolidation …'s predictions across numerous quality measures including patient satisfaction, hospital processes, risk adjusted mortality, the …
Persistent link: https://www.econbiz.de/10013310323
We build up from the plant level an "aggregate(d)" Solow residual by estimating every U.S. manufacturing plant's contribution to the change in aggregate final demand between 1976 and 1996. Our framework uses the Petrin and Levinsohn (2010) definition of aggregate productivity growth, which...
Persistent link: https://www.econbiz.de/10013131308