Table 7. Pooled cross-section time-series analysis of percent change in ICF rates: 1980-86.
| Independent variables | Alternative specifications | |||
|---|---|---|---|---|
| CONSTANT | 2.31 (1.4) |
*−72.72 (2.9) |
−0.01 (0.0) |
**−65.78 (2.5) |
| PFS | 0.22 (0.1) |
1.54 (0.8) |
−1.35 (0.5) |
−0.05 (0.0) |
| PCL | −2.49 (1.1) |
−2.06 (0.8) |
0.11 (0.0) |
0.32 (0.1) |
| COM | 0.62 (0.3) |
0.87 (0.7) |
1.83 (0.5) |
1.40 (0.4) |
| POP65 | — | 0.59 (1.9) |
— | 0.52 (1.6) |
| DRS | — | −0.00 (0.1) |
— | —0.00 (0.3) |
| LIFEX | — |
**3.08 (2.2) |
— |
**2.84 (2.0) |
| HOSP | — | 0.07 (1.9) |
— | 0.07 (1.7) |
| UNEMP | — | 0.16 (0.5) |
— | −0.02 (0.0) |
| INCOME | — | 2.18 (1.3) |
— | 1.83 (1.1) |
| YEAR81(ORA) | — | — | 4.54 (1.1) |
3.86 (1.0) |
| YEAR83(PPS) | — | — |
**0.19 (0.0) |
−2.08 (0.4) |
| Y81 * PFS | — | — | 0.71 (0.2) |
0.99 (0.2) |
| Y81 * PCL | — | — | −6.24 (1.1) |
−5.59 (1.0) |
| Y81 * COM | — | — | −5.23 (1.0) |
−4.08 (0.8) |
| Y83 * PFS | — | — | −0.10 (0.0) |
0.39 (0.1) |
| Y83 * PCL | — | — | 2.03 (0.3) |
2.39 (0.4) |
| Y83 * COM | — | — | 3.30 (0.6) |
3.85 (0.7) |
| MSE | 95.80 | 90.08 | 94.05 | 90.63 |
| SAMPLE | 287 | 287 | 287 | 287 |
*
Significant at 0.01 level.
**
Significant at 0.05 level.
NOTES: Absolute value of asymptotic t-statistic in parentheses. ICF is intermediate care facility. ORA is Omnibus Reconciliation Act. PPS is prospective payment system.
SOURCE: (Swan, Harrington, and Grant, 1988); Statistical Abstract of the United States, 1980-1988 annual issues; American Medical Association, Physician Characteristics and Distribution in the U.S., 1981-1988 annual issues; American Hospital Association, Hospital Statistics, 1980-1987 annual issues.