Celebi, Kaan; Härtwig, Jochen; Sandqvist, Anna Pauliina - 2024 - This version: February 2024
Baumol's cost disease may affect long-term care, but not acute care. Our aim in this paper is to test whether Baumol's cost … statistically significant evidence that expenditures on both acute care and long-term care are driven by Baumol's cost disease, even … disease affects long-term care and acute care differently. Our testing strategy consists in combining Extreme Bounds Analysis …