Pricing and Location of Physician Services in Mental Health
Puzzling results of a positive association between the number of physicians per capita and the level of fees for physician services have been reported in the literature. These results may be due to misspecification of econometric models and use of data aggre-gated across medical specialties. It is hypothesized that the unusual results would not persist with a carefully specified econometric model for a single medical specialty. A general model of pricing and location of physician's services is applied to the market for psychiatrist's services. The results imply that the market for psychiatrist's services operates in a manner consistent with the predictions of the competitive model.
|Date of creation:||Dec 1984|
|Publication status:||published as Frank, Richard G. "Pricing and Location of Physician Services in Mental Health." Economic Inquiry, Vol. 23, No. 1, (January 1985), pp. 115-133.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
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- Steinwald, Bruce & Sloan, Frank A, 1974. "Determinants of Physicians' Fees," The Journal of Business, University of Chicago Press, vol. 47(4), pages 493-511, October.
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- Victor R. Fuchs & Marcia J. Kramer, 1973.
"Determinants of Expenditures for Physicians' Services in the United States 1948–68,"
National Bureau of Economic Research, Inc, number fuch73-1, April.
- Victor R. Fuchs & Marcia J. Kramer, 1972. "Determinants of Expenditures for Physicians' Services in the United States 1948–68," NBER Books, National Bureau of Economic Research, Inc, number fuch72-3.
- Victor R. Fuchs, 1978. "The Supply of Surgeons and the Demand for Operations," NBER Working Papers 0236, National Bureau of Economic Research, Inc. Full references (including those not matched with items on IDEAS)
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