Variables |
IF in Tokyo |
IF in NRW | ||
---|---|---|---|---|

Mean | (Standard deviation) | Mean | (Standard deviation) | |

Dependent variables | ||||

Change in bed-density^{a}
| -0.95 | (9.56) | -0.64 | (5.89) |

Explanatory variables | ||||

Costs/cost relevant
| ||||

Average size of new facilities (beds) | 95.54 | (26.98) | 89.7 | (67.55) |

LTA land price for T (¥1000 s)/LTA rent-level for N | 341.03 | (285.98) | 3.11 | (1.02) |

LTA wage of elderly care nurse for T (¥1000 s)/LTA duration for care nurse search for N^{b} (days)
| 205.05 | (8.92) | 54.3 | (15.08) |

Need
| ||||

LTA percent elderly^{c} needing LTC
| 15.70 | (1.94) | 14.5 | (1.87) |

LTA growth rate of elderly^{c} needing LTC
| 7.01 | (2.21) | 2.89 | (5.24) |

Profit/political intervention (control variables)
| ||||

Initial bed-density^{a} of IF
| 32.21 | (43.59) | 48.3 | (8.79) |

LTA bed-density^{a} of PNH
| 3.95 | (4.11) | - | - |

Density^{a} of subsidized beds
| 1.45 | (2.94) | - | - |

Demand (control variables)
| ||||

LTA percent elderly^{c}
| 18.12 | (4.46) | 18 | (1.50) |

LTA growth rate of elderly^{c}
| 4.16 | (1.95) | 2.04 | (0.76) |

LTA residential tax for T (¥1000 s)/LTA disposable income for N (€1000 s) | 117.63 | (64.52) | 17.7 | (1.72) |

N | 46-56 | 50-54 |