The marginal cost-effectiveness of medical technology: A panel instrumental-variables approach

DOI10.1016/S0304-4076(96)01805-2MaRDI QIDQ1361996zbMATH OpenFDO

Authors Mark McClellan, Joseph P. Newhouse

Publication date 18 September 1997

Published in Journal of Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/S0304-4076(96)01805-2

zbMATH Keywords

panel datasemiparametric methodshospital costsacute myocardinal infarctiondifference-in-differences estimationheart attacksincremental mortalitymedical technologypanel instrumental variables techniques

Mathematics Subject Classification ID

Applications of statistics to biology and medical sciences; meta analysis (62P10) Applications of statistics to economics (62P20) Statistical methods; economic indices and measures (91B82)

Recommendations

• On estimating medical cost and incremental cost-effectiveness ratios with censored data
• Identifying Sources of Inefficiency in Healthcare*
• Heterogeneous treatment effects: instrumental variables without monotonicity?
• Treatment effect bounds: an application to Swan-Ganz catheterization
• INSTRUMENTAL VARIABLES ESTIMATION WITH PANEL DATA

Cites work

• Asymptotic efficiency in estimation with conditional moment restrictions
• Estimating the Labor Market Impact of Voluntary Military Service Using Social Security Data on Military Applicants
• Identification and Estimation of Local Average Treatment Effects
• Identification of Causal Effects Using Instrumental Variables
• Instrumental Variables Regression with Independent Observations
• Instrumental Variables Regression with Weak Instruments

Cited in

(2)

• Technological change and efficiency in the presence of quasi-fixed inputs: a DEA application to the hospital sector.
• Physicians' financial incentives and treatment choices in heart attack management

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