Disentangling the Effect of Waiting Times on Hospital Choice: Evidence from a Panel Data Analysis
Quaderni - Working Paper DSE N° 1118
39 Pages Posted: 26 Mar 2018 Last revised: 31 Mar 2018
Date Written: March 21, 2018
This study examines the effect of waiting times on hospital choice by using patient-level data on elective Percutaneous Transluminal Coronary Angioplasty (PTCA) procedures in the Italian NHS over the years 2008-2011. We perform a multinomial logit analysis including conditional logit and mixed logit specifications. Our findings show the importance of jointly controlling for time-invariant and time varying dimensions of hospital quality in order to disentangle the effect of waiting times on hospital choice. We provide evidence that patients are responsive to changes in waiting times and aspects of clinical quality within hospitals over time, and estimate the trade-off that patients make between different hospital attributes. The results convey important policy implications for highly regulated health care markets.
Keywords: hospital choice, waiting times, hospital quality, multinomial logit models
JEL Classification: I10
Suggested Citation: Suggested Citation