This paper examined cost efficiency differences between rural hospitals participating in the Critical Access Hospital (CAH) Program and a group of non-converting, prospectively paid rural hospitals using both a two-stage semi-parametric approach as well as stochastic frontier analysis (SFA)....

This study used a stochastic frontier cost model to analyze whether the policy changes that created Critical Access Hospitals (CAHs) caused an increase in the cost inefficiency of these hospitals or their cost inefficiency was brought about by other factors that were similar to all rural...

This study examined differences in technical efficiency between two groups of rural hospitals operating under different Medicare reimbursement systems: cost-based reimbursed Critical Access Hospitals (CAHs) and non-converting, prospectively paid (PPS) rural hospitals. To control for hospital...

We introduce a modeling framework called Transaction Cost Economics to help decision makers in rural health care markets choose among alternative organizational relationships in order to more cost-effectively deliver healthcare services. In particular, the hospital-physician relationship is...

This study estimates economic impact of ginning on Mid-South states applying input-output analysis to gin cost data. Results indicated that cotton ginning activity in the Mid-South generated over $258 million in direct output effects during 2007 and $438 million in total effects with a...

Three economic opportunities are presented for rural areas in this invited paper session: selfemployment, investments in broadband infrastructure, and agritourism. Self-employment has shown growth in rural regions at the expense of wage and salary employment in the longterm. Production...