Chakravarty, Sujoy; Gaynor, Martin; Klepper, Stephen; … - 2005
entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for … using data for all U.S. hospitals from 1984 through 2000. Examining annual and regional entry and exit rates, for …-profit hospitals consistently have higher entry and exit rates than not-for-profits. Econometric modeling of entry and exit rates …