Table 3.
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.
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