| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10465 |
| 来源ID | Working Paper 10465 |
| Factor Substitution and Unobserved Factor Quality in Nursing Homes | |
| John Cawley; David C. Grabowski; Richard A. Hirth | |
| 发表日期 | 2004-05-10 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This paper studies factor substitution in one important sector: the nursing home industry. Specifically, we measure the extent to which nursing homes substitute materials for labor when labor becomes relatively more expensive. From a policy perspective, factor substitution in this market is important because materials-intensive methods of care are associated with greater risks of morbidity and mortality among nursing home residents. Studying longitudinal data from 1991-1998 on nearly every nursing home in the United States, we use the method of instrumental variables (IV) to address the potential endogeneity of nursing home wages. The results from the IV models are consistent with the theory of factor substitution: higher nursing home wages are associated with lower staffing, greater use of materials (specifically, physical restraints), and a higher proportion of residents with pressure ulcers. A comparison of OLS and IV results suggests that empirical studies of factor substitution should take into account unobserved heterogeneity in factor quality. |
| 主题 | Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w10465 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568094 |
| 推荐引用方式 GB/T 7714 | John Cawley,David C. Grabowski,Richard A. Hirth. Factor Substitution and Unobserved Factor Quality in Nursing Homes. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10465.pdf（239KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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