Fang, Hanming; Lei, Xiaoyan; Shi, Julie; Yi, Xuejie - National Bureau of Economic Research - 2021
We use a natural experiment in China's health care reform, in which the government mandated zero markups for drugs sold …. Exploiting the staggered rollout of the ZMP and a unique claims data set, we find that, at the admission level, the reform …, and that the reform has little impact on the quality of health care proxied by the readmission rate …