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The Endogenous Sequential Probit model: An application to the demand for hospital utilization

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  • Munkin, Murat K.

Abstract

This paper develops the Endogenous Sequential Probit model to analyze the effect of managed care on hospital utilization by adult married US population and finds that managed care gives disincentives to utilize hospital care relative to the standard indemnity plans.

Suggested Citation

  • Munkin, Murat K., 2011. "The Endogenous Sequential Probit model: An application to the demand for hospital utilization," Economics Letters, Elsevier, vol. 112(2), pages 182-185, August.
    • Handle: RePEc:eee:ecolet:v:112:y:2011:i:2:p:182-185
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    References listed on IDEAS

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    1. Munkin, Murat K. & Trivedi, Pravin K., 2008. "Bayesian analysis of the ordered probit model with endogenous selection," Journal of Econometrics, Elsevier, vol. 143(2), pages 334-348, April.
    2. Michele Campolieti, 2001. "Bayesian semiparametric estimation of discrete duration models: an application of the dirichlet process prior," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(1), pages 1-22.
    3. James H. Albert & Siddhartha Chib, 2001. "Sequential Ordinal Modeling with Applications to Survival Data," Biometrics, The International Biometric Society, vol. 57(3), pages 829-836, September.
    4. Glied, Sherry, 2000. "Managed care," Handbook of Health Economics, in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 13, pages 707-753, Elsevier.
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    1. Gebrenegus Ghilagaber & Paraskevi Peristera, 2014. "Sequential probit modelling of family and community effects on educational progress among children to Polish and Turkish immigrants in Sweden," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(6), pages 3243-3252, November.

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