๐”– Bobbio Scriptorium
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Returns to research and development in the us pharmaceutical industry

โœ Scribed by John R. Virts; J. Fred Weston


Book ID
112142591
Publisher
John Wiley and Sons
Year
1980
Tongue
English
Weight
908 KB
Volume
1
Category
Article
ISSN
0143-6570

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## 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