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Hospital Technology in a Nonmarket Health Care System

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Listed:
  • Daniel Bilodeau
  • Pierre‐Yves Crémieux
  • Pierre Ouellette

Abstract

This article presents a quantitative analysis of the production of hospital services in a nonmarket environment based on production theory and a very complete data set on the hospital industry. It provides both insights into the optimality of the hospital industry structure and a useful framework to evaluate the impact of anticipated industry structural changes. We find that the industry structure is far from optimal; it is characterized by overcapitalization and would experience difficulty responding to increased demand for some types of services.

Suggested Citation

  • Daniel Bilodeau & Pierre‐Yves Crémieux & Pierre Ouellette, 2002. "Hospital Technology in a Nonmarket Health Care System," Southern Economic Journal, John Wiley & Sons, vol. 68(3), pages 511-529, January.
  • Handle: RePEc:wly:soecon:v:68:y:2002:i:3:p:511-529
    DOI: 10.1002/j.2325-8012.2002.tb00435.x
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    References listed on IDEAS

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