Physicians opportunity costs in physician practice cost functions.
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
Cote : 15896, P79
Code Inist : 002B30A11. Création : 11/09/1998.