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Labor adjustment in the Japanese health care industry: some empirical evidence

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  • Kazuyuki Inagaki

Abstract

This paper examines the labor adjustment costs in the health care industry. Using Japanese data, we find that the cost of hiring new health care workers is the largest component of labor adjustment costs in the health care industry. Hence, it is difficult for employers in this industry to immediately increase the number of workers since this employment adjustment is extremely expensive. Copyright © 2010 John Wiley & Sons, Ltd.

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  • Kazuyuki Inagaki, 2012. "Labor adjustment in the Japanese health care industry: some empirical evidence," Health Economics, John Wiley & Sons, Ltd., vol. 21(2), pages 173-177, February.
    • Handle: RePEc:wly:hlthec:v:21:y:2012:i:2:p:173-177
    DOI: 10.1002/hec.1691
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    References listed on IDEAS

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    5. Kenji Azetsu & Mototsugu Fukushige, 2009. "The estimation of asymmetric adjustment costs for the number of workers and working hours - empirical evidence from Japanese industry data," Applied Economics Letters, Taylor & Francis Journals, vol. 16(10), pages 995-998.
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