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Physician-Induced Demand : Evidence from China’s Drug Price Zero-Markup Policy

Fang, Hanming; Lei, Xiaoyan; Shi, Julie; Yi, Xuejie - 2021

We use a natural experiment in China’s health care reform, in which the government mandated zero markups for drugs sold … in public hospitals, to study physician-induced demand for medical care. We develop a theoretical model that robustly … predicts that the drug price zero markup policy (ZMP) will lead to a reduction in the demand for drugs but an increase in the …

Persistent link: https://www.econbiz.de/10013220029

Physician-induced demand: evidence from China's drug price zero-markup policy

Fang, Hanming; Lei, Xiaoyan; Shi, Julie; Yi, Xuejie - 2021

Persistent link: https://www.econbiz.de/10013206111

Physician-induced demand: evidence from China's drug price zero-markup policy

Fang, Hanming; Lei, Xiaoyan; Shi, Julie; Yi, Xuejie - 2021

Persistent link: https://www.econbiz.de/10012795760

Is there a demand for reverse mortgages in China? : evidence from two online surveys

Hanewald, Katja; Bateman, Hazel; Fang, Hanming; Wu, Shang - In: Journal of economic behavior & organization : JEBO 169 (2020), pp. 19-37

Persistent link: https://www.econbiz.de/10012271457

Morale Hazard

Fang, Hanming; Moscarini, Giuseppe - 2008

We interpret workers' confidence in their own skills as their morale, and investigate the implication of worker overconfidence on the firm's optimal wage-setting policies. In our model, wage contracts both provide incentives and affect worker morale, by revealing private information of the firm...

Persistent link: https://www.econbiz.de/10014081205