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A panel data study of physicians' labor supply: the case of Norway

  • Badi H. Baltagi

    (Department of Economics, Texas A&M University, College Station, USA)

  • Espen Bratberg

    (Department of Economics, University of Bergen, Bergen, Norway)

  • Tor Helge Holmås

    (Department of Economics and Programme for Health Economics in Bergen, University of Bergen, Bergen, Norway)

Physicians are key personnel in a sector which is important due to its size as well as the quality of service it provides. We estimate the labor supply of physicians employed at hospitals in Norway, using personnel register data merged with other public records. A dynamic labor supply equation is estimated using a sample of 1303 male physicians observed over the period 1993-1997. The methods of estimation are GMM and system GMM. We reject the static model in favor of a dynamic model and obtain short run wage elasticities around 0.3. This is higher than previously estimated for physicians, in particular for those who are not self-employed. Copyright © 2005 John Wiley & Sons, Ltd.

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Article provided by John Wiley & Sons, Ltd. in its journal Health Economics.

Volume (Year): 14 (2005)
Issue (Month): 10 ()
Pages: 1035-1045

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Handle: RePEc:wly:hlthec:v:14:y:2005:i:10:p:1035-1045
Contact details of provider: Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/5749

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