Table 2. Voluntary Assignment Rate Supply Function.
| Dependent Variable = LN (Voluntary Assignment Rate) (t-statistics in parentheses) | ||
|---|---|---|
|
| ||
| Medicaid Non-Participants | Medicaid Participants | |
| LN(BILLED) | − 5.959 17 (3.64) | − 2.796 17 (2.97) |
| LN(REASONABLE) | 5.101 17 (3.38) | 1.654 16 (1.74) |
| SURGEON 15 | .691 17 (3.91) | .402 17 (3.29) |
| INTERNIST 15 | −.128 (.70) | −.001 (0.00) |
| WAGE | −.029 (.16) | .116 (1.40) |
| FMG | −.019 (.07) | .298 16 (1.80) |
| EXP | −.015 16 (1.89) | −.019 17 (3.46) |
| POP (000,000) | −.379 (1.38) | .699 17 (3.83) |
| DOCSAGED | −.016 (1.08) | − .036 17 (3.61) |
| YEAR 73 | .649 16 (3.41) | .134 (1.12) |
| YEAR 75 | 1.435 16 (3.93) | .764 17 (4.10) |
| CONSTANT | −2.331 | − 2.381 |
| R̅2 | .05 | .03 |
| Standard error | 2.24 | 2.17 |
| N
|
963 | 2164 |
15
General Practitioners represent the omitted specialty.
16
Significant at the .10 level
17
Significant at the .05 level