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Table 2 Results revealing the impact of price deregulation on patients’ medical expenditure

From: Deregulation and pricing of medical services: a policy experiment based in China

 

Total expenditure

Diagnostic test expenditure

Drug expenditure

Service expenditure

Proportion of diagnostic test expenditure

Proportion of drug expenditure

Privite

0.059***

0.076***

0.245***

−0.117***

− 0.019***

0.064***

(0.006)

(0.011)

(0.010)

(0.007)

(0.002)

(0.002)

Time

−0.107***

− 0.056***

− 0.441***

0.013*

0.045***

− 0.089***

(0.007)

(0.013)

(0.010)

(0.008)

(0.001)

(0.001)

Privite#time

0.105***

−1.175***

−0.445***

0.343***

−0.057***

− 0.031***

(0.008)

(0.024)

(0.016)

(0.010)

(0.002)

(0.002)

Gender

−0.005

−0.015*

− 0.013***

0.000

− 0.000

− 0.002***

(0.003)

(0.008)

(0.005)

(0.004)

(0.001)

(0.001)

Age

0.017***

0.050***

0.015***

−0.002***

0.005***

0.000*

(0.000)

(0.001)

(0.000)

(0.000)

(0.000)

(0.000)

Days_inpatient

0.036***

0.011***

0.041***

0.047***

−0.005***

0.001***

(0.002)

(0.001)

(0.002)

(0.002)

(0.000)

(0.000)

Insurance

0.141***

0.140***

0.170***

0.028***

0.006***

0.024***

(0.005)

(0.009)

(0.006)

(0.006)

(0.001)

(0.001)

Complication

0.175***

−0.324***

0.271***

0.197***

−0.030***

0.017***

(0.006)

(0.013)

(0.009)

(0.007)

(0.001)

(0.001)

Constant

7.101***

4.807***

5.928***

6.459***

0.158***

0.345***

(0.027)

(0.065)

(0.036)

(0.030)

(0.006)

(0.006)

ICD code

Yes

Yes

Yes

Yes

Yes

Yes

Time fixed effect

Yes

Yes

Yes

Yes

Yes

Yes

N

237,521

236,723

237,101

236,685

235,568

235,946

R-squared

0.357

0.155

0.335

0.378

0.243

0.322

  1. The dependent variable for all expenditures is in logarithmic form. The estimates presented here were obtained from six difference-in-differences models, and regression coefficients are reported as elasticity and interactions as marginal effects. The significance levels are as follows: *p < 0.1 and ***p < 0.01. Finally, the numbers in parentheses represent robust standard errors