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Table 6 The two-way fixed effects model results for the impact of medical service price differences

From: Regional price differences of medical services: evidence from China

Outpatient

Inpatient

Variables

Annual visit

Hospitalization rate

Medical expense

Medical service expense

Medical expense

Medical service expense

(4)

(5)

(6)

(7)

(8)

(9)

Medical service price level

-0.19**

0.01

-0.04

0.34***

0.08

0.24*

(0.07)

(0.02)

(0.04)

(0.07)

(0.06)

(0.09)

GDP per capita

0.43*

0.06*

-0.06

0.17

-0.15

-0.22

(0.17)

(0.02)

(0.10)

(0.16)

(0.12)

(0.16)

Proportion of population above 65

0.58

0.19

-1.97**

-1.20

-1.03

-0.71

(0.58)

(0.13)

(0.68)

(1.00)

(0.75)

(0.97)

Basic medical insurance coverage

-0.02

-0.00

-0.00

-0.03

0.05*

0.06*

(0.02)

(0.00)

(0.01)

(0.03)

(0.03)

(0.03)

Density of physicians

0.34**

0.00

0.11

0.30**

0.12

0.14

(0.11)

(0.03)

(0.13)

(0.12)

(0.18)

(0.23)

Density of hospital beds

-0.02

0.16***

-0.25*

-0.57***

-0.23

-0.19

(0.12)

(0.02)

(0.11)

(0.09)

(0.16)

(0.23)

Average length of stay

0.51***

0.53***

(0.08)

(0.12)

Out-of-pocket expenditure (% of THE)

-0.48

-0.02

0.11

0.60

0.35

0.33

(0.26)

(0.06)

(0.32)

(0.35)

(0.35)

(0.35)

Observations

155

155

155

155

155

155

R2

0.40

0.37

0.18

0.40

0.26

0.23

  1. Notes***, ** and * denote the significance at the 0.1%, 1% and 5% level, respectively. Two-way cluster-robust standard errors are reported in parentheses. Annual visit is the average number of annual visits per capita. Medical expense is the average medical expense per visit/per inpatient. Medical service expense is the average medical service expense per visit/per inpatient. Average length of stay refers to the average length of stay in hospitals. Out-of-pocket expenditure (% of THE) is defined as the out-of-pocket health expenditure as a share of the total health expenditure. All variables above except for the proportion variable were log transformed