Hospital Cost Function In A Non-Market Health Care System
This paper examines whether a competitive model of the firm appropriately describes the behavior of hospitals in a non-market environment. This test is based on the best database yet available in the hospital sector. We show that properties of the non-market hospitals'cost functions are compatible with short-term, but not long-term, cost-minimizing behavior. This is consistent with results of similar analyses in the U.S. hospital market and suggests that Québec hospitals, which operate in a non-market environment, might not behave fundamentally differently from their U.S. counterparts. © 2000 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology
Year of publication: |
2000
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Authors: | Bilodeau, Daniel ; Crémieux, Pierre-Yves ; Ouellette, Pierre |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 82.2000, 3, p. 489-498
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Publisher: |
MIT Press |
Saved in:
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