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来源类型Working Paper
规范类型报告
DOI10.3386/w27005
来源IDWorking Paper 27005
Countervailing Market Power and Hospital Competition
Eric Barrette; Gautam Gowrisankaran; Robert Town
发表日期2020-04-20
出版年2020
语种英语
摘要While economic theories indicate that market power by downstream firms can potentially counteract market power upstream, antitrust policy is opaque about whether to incorporate countervailing market power in merger analyses. We use detailed national claims data from the healthcare sector to evaluate whether countervailing insurer power does indeed limit hospitals’ exercise of market power. We estimate willingness-to-pay models to evaluate hospital market power across analysis areas. We find that countervailing market power is important: a typical hospital merger would raise hospital prices 4.3% at the 25th percentile of insurer concentration but only 0.97% at the 75th percentile of insurer concentration.
主题Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w27005
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584677
推荐引用方式
GB/T 7714
Eric Barrette,Gautam Gowrisankaran,Robert Town. Countervailing Market Power and Hospital Competition. 2020.
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