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The Endogenous Sequential Probit model: An application to the demand for hospital utilization

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  • Munkin, Murat K.
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    Abstract

    This paper develops the Endogenous Sequential Probit model to analyze the effect of managed care on hospital utilization by adult married US population and finds that managed care gives disincentives to utilize hospital care relative to the standard indemnity plans.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0165176511000917
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    Bibliographic Info

    Article provided by Elsevier in its journal Economics Letters.

    Volume (Year): 112 (2011)
    Issue (Month): 2 (August)
    Pages: 182-185

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    Handle: RePEc:eee:ecolet:v:112:y:2011:i:2:p:182-185

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    Web page: http://www.elsevier.com/locate/ecolet

    Related research

    Keywords: Sequential Probit Treatment effects MCMC;

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    1. Glied, Sherry, 2000. "Managed care," Handbook of Health Economics, in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 13, pages 707-753 Elsevier.
    2. Michele Campolieti, 2001. "Bayesian semiparametric estimation of discrete duration models: an application of the dirichlet process prior," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(1), pages 1-22.
    3. Munkin, Murat K. & Trivedi, Pravin K., 2008. "Bayesian analysis of the ordered probit model with endogenous selection," Journal of Econometrics, Elsevier, vol. 143(2), pages 334-348, April.
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