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Author: | Bilodeau, D. Cremieux, P. Ouellette, P. |
Title: | Hospital cost function in a non-market health care system |
Journal: | Review of Economics and Statistics
2000 : AUG, VOL. 82:3, p. 489-498 |
Index terms: | HOSPITAL MANAGEMENT COSTS HEALTH |
Language: | eng |
Abstract: | This paper examines whether a competitive model of the firm appropriately describes the behavior of hospitals in a non-market environment. This test is based on the best database yet available in the hospital sector. The authors show that properties of the non-market hospitals' cost functions are compatible with short-term, but not long-term cost-minimizing behavior. This is consistent with results of similar analyses in the U.S. hospital market. |
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