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Damage Caps and the Labor Supply of Physicians: Evidence from the Third Reform Wave

Title
Damage Caps and the Labor Supply of Physicians: Evidence from the Third Reform Wave
Author
백명호
Keywords
MEDICAL MALPRACTICE REFORM; TORT REFORM; HEALTH-INSURANCE; IN-DIFFERENCES; RECEDING TIDE; LIABILITY; IMPACT; DIFFERENCE; SPECIALTY; INFERENCE
Issue Date
2016-10
Publisher
OXFORD UNIV PRESS INC
Citation
AMERICAN LAW AND ECONOMICS REVIEW, v. 18, NO. 2, Page. 463-505
Abstract
Nine states adopted caps on non-economic damages during the third medical malpractice reform wave from 2002-05, joining twenty-two other states with caps on non-economic or total damages. We study the effects of these reforms on physician supply. Across a variety of difference-in-differences (DiD), triple differences, and synthetic control methods, in both state-and county-level regressions, we find, with tight confidence intervals, no evidence that cap adoption leads to an increase in total patient care physicians, or in specialties that face high liability risk (with a possible exception for plastic surgeons), or in rural physicians.
URI
https://academic.oup.com/aler/article/18/2/463/2808727http://repository.hanyang.ac.kr/handle/20.500.11754/98925
ISSN
1465-7252; 1465-7260
DOI
10.1093/aler/ahw009
Appears in Collections:
COLLEGE OF POLICY SCIENCE[S](정책과학대학) > POLICY STUDIES(정책학과) > Articles
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