Title page for ETD etd-052799-192255


Type of Document Master's Thesis
Author Evans, Michael John
Author's Email Address michael.evans@inova.com
URN etd-052799-192255
Title Hospital Cost Functions and Quality
Degree Master of Arts
Department Economics (Arts and Sciences)
Advisory Committee
Advisor Name Title
Lutton, Thomas J. Committee Member
Reid, Brian K. Committee Member
Waud, Roger N. Committee Member
Wentzler, Nancy A. Committee Member
Keywords
  • Quality
  • Nursing
  • Hospital Cost Functions
Date of Defense 1999-05-26
Availability unrestricted
Abstract
This study examines the significance of quality when included in the specification of a hospital cost function. Also, this research estimates a value for scale economies in order to determine if the average hospital experiences increasing returns to scale in the production of hospital care, verifying such findings in previous econometric studies. Furthermore, two functional forms are compared: the Cobb-Douglas and the translog.

The results of this study demonstrate that quality has a significant impact on costs. This relationship is positive meaning increasing quality will also increase the cost of producing hospital care. The results for scale economies demonstrate that the average hospital experiences increasing returns to scale in the production of hospital care, which is consistent with previous research. Lastly, based on an F-test, this study is able to accept the translog as the appropriate functional form.

Files
  Filename       Size       Approximate Download Time (Hours:Minutes:Seconds) 
 
 28.8 Modem   56K Modem   ISDN (64 Kb)   ISDN (128 Kb)   Higher-speed Access 
  hospcost.pdf 176.60 Kb 00:00:49 00:00:25 00:00:22 00:00:11 < 00:00:01

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