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. 2019 Mar 15;20(6):801–817. doi: 10.1007/s10198-019-01043-4

Table 3.

Structural effects of increased outpatient care indicators on inpatient care indicators

Parameter Lagged parameter
Est. SE Est. SE
Dependent var.: inpatient case number
Endogenous explanatory var:
 Outpatient case number − 0.010*** (0.0034)
 Outpatient case number and its lag − 0.0058 (0.0035) − 0.013*** (0.0033)
Dependent var.: inpatient expenditure
Endogenous explanatory var:
 Outpatient expenditure − 0.642*** (0.215)
 Outpatient expenditure and its lag − 0.292 (0.356) − 0.511* (0.284)

Cluster-robust standard errors are displayed

Instrumental variables: treatment dummy and its lag. Controls: fixed effects, cubic age, calendar year dummies, and health care supply variables. Model: FE IV.

***p<0.01, **p<0.05, *p<0.1