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Loss of control and returns to scale in organizations

โœ Scribed by Martin J. Beckmann


Publisher
Elsevier Science
Year
1987
Tongue
English
Weight
296 KB
Volume
30
Category
Article
ISSN
0377-2217

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โœ Paul W. Wilson; Kathleen Carey ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 410 KB

## Abstract This paper presents new estimates of scale economies for US hospitals. We show that the common translog specification of hospital costs is a misspecification, and employ nonparametric, local linear estimation with both continuous and discrete covariates. A bootstrap method is used to pr