Licensing Doctors: Do Economists Agree?
Despite the wide reach of medical licensing in health care production through its impact on the nature and cost of care, it has been all but ignored in debates over health care reform. This paper pulls together statements made by economists whose expertise is in the area of health economics or, more specifically, medical licensure and discipline. Economists who have examined the market for physician services in the United States generally view state licensing as a means by which to enforce cartel-like restrictions on entry that benefit physicians at the expense of consumers. Medical licensing is seen as a constraint on the efficient combination of inputs, a drag on innovations in health care and medical education, and a significant barrier to effective, cost efficient health care.
Volume (Year): 1 (2004)
Issue (Month): 2 (August)
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- A. Frank Adams III & Robert B. Ekelund Jr. & John D. Jackson, 2003. "Occupational Licensing of a Credence Good: The Regulation of Midwifery," Southern Economic Journal, Southern Economic Association, vol. 69(3), pages 659-675, January.
- Carl Shapiro, 1986. "Investment, Moral Hazard, and Occupational Licensing," Review of Economic Studies, Oxford University Press, vol. 53(5), pages 843-862.
- Kugler, Adriana & Sauer, Robert, 2005.
"Doctors without Borders? Relicensing Requirements and Negative Selection in the Market for Physicians,"
69700, University Library of Munich, Germany.
- Adriana D. Kugler & Robert M. Sauer, 2005. "Doctors without Borders? Relicensing Requirements and Negative Selection in the Market for Physicians," Journal of Labor Economics, University of Chicago Press, vol. 23(3), pages 437-466, July.
- Adriana Kugler & Robert M. Sauer, 2004. "Doctors Without Borders? Re-licensing Requirements and Negative Selection in the Market for Physicians," Working Papers 133, Barcelona Graduate School of Economics.
- Burstein, Philip L. & Cromwell, Jerry, 1985. "Relative incomes and rates of return for U.S. physicians," Journal of Health Economics, Elsevier, vol. 4(1), pages 63-78, March.
- Svorny, Shirley V, 1987. "Physician Licensure: A New Approach to Examining the Role of Professional Interests," Economic Inquiry, Western Economic Association International, vol. 25(3), pages 497-509, July.
- Noether, Monica, 1986. "The Effect of Government Policy Changes on the Supply of Physicians: Expansion of a Competitive Fringe," Journal of Law and Economics, University of Chicago Press, vol. 29(2), pages 231-62, October.
- Svorny, Shirley & Toma, Eugenia Froedge, 1998. "Entry Barriers and Medical Board Funding Autonomy," Public Choice, Springer, vol. 97(1-2), pages 93-106, October.
- Seldon, Barry J. & Jung, Chulho & Cavazos, Roberto J., 1998. "Market power among physicians in the U.S., 1983-1991," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(4), pages 799-824.
- Mark Pauly, 1980. "Doctors and Their Workshops: Economic Models of Physician Behavior," NBER Books, National Bureau of Economic Research, Inc, number paul80-1, September.
- Leffler, Keith B, 1978. "Physician Licensure: Competition and Monopoly in American Medicine," Journal of Law and Economics, University of Chicago Press, vol. 21(1), pages 165-86, April.
- Leland, Hayne E, 1979. "Quacks, Lemons, and Licensing: A Theory of Minimum Quality Standards," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1328-46, December.
- Anderson, Gary M. & Halcoussis, Dennis & Johnston, Linda & Lowenberg, Anton D., 2000. "Regulatory barriers to entry in the healthcare industry: the case of alternative medicine," The Quarterly Review of Economics and Finance, Elsevier, vol. 40(4), pages 485-502.
- Cotton M. Lindsay, 1973. "Real Returns to Medical Education," Journal of Human Resources, University of Wisconsin Press, vol. 8(3), pages 331-348.
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