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  1. Physicians opportunity costs in physician practice cost functions.

    Article - En anglais

    Estimation of cost functions for physicians firms is problematic because many physicians are self-employed, and the marginal opportunity cost of physician labor is not observed.

    In this paper, we show how to recover marginal costs and conventional measures of economies of scales from cost functions that condition on the amount of physicians labor input.

    In addition, we introduce the new concepts of marginal nonphysician input costs and bevavioral economies of scale, which reflect the structure of costs when physician labor input moves along a utility-maximizing expansion path.

    Our results could be useful in the design of resource-based physician fee schedules.

    Mots-clés Pascal : Médecin, Coût, Pratique professionnelle, Aspect économique, Evaluation, Modèle économétrique, Etats Unis

    Mots-clés Pascal anglais : Physician, Costs, Professional practice, Economic aspect, Evaluation, Econometric model, United States

    Notice produite par :
    CREDES - Centre de Recherche, d'Etudes et de Documentation en Economie de la Santé (devenu IRDES)

    Cote : 15896, P79

    Code Inist : 002B30A11. Création : 11/09/1998.