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Welfare Analysis Incorporating a Structural Entry-Exit Model: A Case Study of Medicare HMOs
http://hdl.handle.net/10086/13601
http://hdl.handle.net/10086/136019ba17592-a905-4e2d-9240-6f59b610d2d6
| 名前 / ファイル | ライセンス | アクション |
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| アイテムタイプ | デフォルトアイテムタイプ(フル)その2(1) | |||||||
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| 公開日 | 2017-05-20 | |||||||
| タイトル | ||||||||
| タイトル | Welfare Analysis Incorporating a Structural Entry-Exit Model: A Case Study of Medicare HMOs | |||||||
| 言語 | en | |||||||
| 作成者 |
Maruyama, Shiko
× Maruyama, Shiko
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| 寄与者 | ||||||||
| 寄与者タイプ | Editor | |||||||
| 姓名 | 社会科学における統計分析拠点構築 = Research Unit for Statistical Analysis in Social Sciences | |||||||
| 言語 | en | |||||||
| アクセス権 | ||||||||
| アクセス権 | open access | |||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||
| 内容記述 | ||||||||
| 内容記述タイプ | Abstract | |||||||
| 内容記述 | Should the government subsidize entry to promote competition? In theory, free entry does not guarantee the socially optimum number of entrants. In differentiated product markets, free entry can result either in excessive or insufficient entry. In this paper I propose an empirical framework to address this issue with a case study of the Medicare HMO market for 2003 and 2004. I perform counterfactual welfare simulations with different entry conditions and with different government payment rates to HMOs. The results indicate that uniformly raising the payment rate lowers national welfare, which supports the government's efforts to contain the payment rate in my sample years. A comparison of the cases with and without entry and/or market power indicates that this welfare loss does not come from additional entry, but instead the oligopolistic market structure and market distortion from the payment rate subsidy. The number of entrants is likely to be insufficient. | |||||||
| 言語 | en | |||||||
| 出版者 | ||||||||
| 出版者 | Institute of Economic Research, Hitotsubashi University | |||||||
| 日付 | ||||||||
| 日付 | 2006-06 | |||||||
| 日付タイプ | Issued | |||||||
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| 言語 | eng | |||||||
| 資源タイプ | ||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||||
| 資源タイプ | technical report | |||||||
| 出版タイプ | ||||||||
| 出版タイプ | VoR | |||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||
| 関連情報 | ||||||||
| 関連タイプ | isPartOf | |||||||
| 関連名称 | Hi-Stat Discussion paper series ; No. d06-166 | |||||||
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| 識別子タイプ | URI | |||||||
| 関連識別子 | http://21coe.ier.hit-u.ac.jp/english/index.html | |||||||
| ページ数 | ||||||||
| ページ数 | 61 | |||||||
| Sponsorship | ||||||||
| 値 | 21世紀COEプログラム = 21st-Century COE Program | |||||||