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Hospital Technology in a Nonmarket Health Care System

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Author Info

  • Daniel Bilodeau

    ()
    (Université du Québec à Montréal)

  • Pierre-Yves Crémieux

    ()
    (Analysis Group/Economics)

  • Pierre Ouellette

    ()
    (Université du Québec à Montréal)

Abstract

This article presents a quantitative analysis of the production of hospital services in a nonmarket environment based on production theory and a very complete data set on the hospital industry. It provides both insights into the optimality of the hospital industry structure and a useful framework to evaluate the impact of anticipated industry structural changes. We find that the industry structure is far from optimal; it is characterized by overcapitalization and would experience difficulty responding to increased demand for some types of services.

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Bibliographic Info

Article provided by Southern Economic Association in its journal Southern Economic Journal.

Volume (Year): 68 (2002)
Issue (Month): 3 (January)
Pages: 511-529

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Handle: RePEc:sej:ancoec:v:68:3:y:2002:p:511-529

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Web page: http://www.southerneconomic.org/
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Cited by:
  1. Massimiliano Piacenza & Gilberto Turati & Davide Vannoni, 2007. "Hospital Industry Restructuring and Input Substitutability: Evidence from a Sample of Italian Hospitals," CERIS Working Paper 200703, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
  2. Piacenza, Massimiliano & Turati, Gilberto & Vannoni, Davide, 2010. "Restructuring hospital industry to control public health care expenditure: The role of input substitutability," Economic Modelling, Elsevier, vol. 27(4), pages 881-890, July.
  3. Cremieux, Pierre-Yves & Ouellette, Pierre, 2001. "Omitted variable bias and hospital costs," Journal of Health Economics, Elsevier, vol. 20(2), pages 271-282, March.
  4. Mette Asmild & Bruce Hollingsworth & Stephen Birch, 2012. "The scale of hospital production in different settings: One size does not fit all," MSAP Working Paper Series 04_2012, University of Copenhagen, Department of Food and Resource Economics.
  5. Kristensen, Troels & Olsen, Kim Rose & Kilsmark, Jannie & Lauridsen, Jørgen T. & Pedersen, Kjeld Møller, 2012. "Economies of scale and scope in the Danish hospital sector prior to radical restructuring plans," Health Policy, Elsevier, vol. 106(2), pages 120-126.
  6. Troels Kristensen & Peter Bogetoft & Kjeld Pedersen, 2010. "Potential gains from hospital mergers in Denmark," Health Care Management Science, Springer, vol. 13(4), pages 334-345, December.

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