Physicians' Choices of Specialty, Location and Mode: A Re-examination Within an Interdependent Decision Framework
In this paper, physicians' decisions regarding the specialty, community size, and mode of their first practices are analyzed in a simultaneous decision model using a nested logit specification. Physicians face a choice set consisting of eight specialties, seven community sizes, and three practice settings. Data come from the Longitudinal Survey of the Class of 1960. Income is found to be statistically significant and the average income elasticity is 1.05, which is considerably larger than previous estimates. However, the elasticity estimate is very sensitive to the assumed decision process. A series of policy simulations are then performed to estimate the effect of specified income-based policies on the predicted distribution of physicians across specialties, community sizes, and modes.
(This abstract was borrowed from another version of this item.)
|Date of creation:||1991|
|Date of revision:|
|Contact details of provider:|| Postal: CRL Building, 282, 1280 Main Street West, Hamilton, Ontario L8S 4K1|
Phone: (905) 525-9140, extension 22122
Fax: (905) 546-5211
Web page: http://www.chepa.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:hpa:wpaper:1. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lyn Sauberli)
If references are entirely missing, you can add them using this form.