NDLI: Private-Pay Demand for Nursing Facilities in a Market with Excess Capacity

Content Provider	Springer Nature Link
Author	Kx, Kris Joseph Blankmeyer, Eric C. Stutzman, J. R.
Copyright Year	2006
Abstract	Several researchers have modeled the demand for nursing-home care by private-pay patients in markets with excess demand. This paper examines private-pay demand using 2002 data from Texas, a large market where most nursing facilities are underutilized. The demand for private nursing-home care increases with facility size, per-capita income, and the percent of population at least 65 years old. On the other hand, private-care demand decreases in nursing homes operated for profit and in facilities facing greater competition. The price elasticity of demand for private care is estimated to be −0.69. These results are statistically significant at the 10 percent level or better in regressions estimated by instrumental variables using the full sample as well as a sample from which probable outliers have been removed. However, the relationship of demand to the nursing home's case mix is statistically imprecise, and our measure of nursing staff per bed seems to be affected by outlying observations. The findings tend to support previous research showing that private-pay demand reflects economically rational decisions made by nursing-home residents and their representatives.
Starting Page	75
Ending Page	83
Page Count	9
File Format	PDF
ISSN	01974254
Journal	Atlantic Economic Journal
Volume Number	34
Issue Number	1
e-ISSN	15739678
Language	English
Publisher	Kluwer Academic Publishers
Publisher Date	2006-03-29
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Consumer Economics: Empirical Analysis Analysis of Health Care Markets Industry Studies: Services: Other Economics general International Economics Macroeconomics/Monetary Economics Microeconomics Public Finance & Economics
Content Type	Text
Resource Type	Article
Subject	Economics, Econometrics and Finance

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
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