By the same authors

From the same journal

From the same journal

The Effect of Waiting Times on Demand and Supply for Elective Surgery: Evidence from Italy

Research output: Contribution to journalArticle

Standard

The Effect of Waiting Times on Demand and Supply for Elective Surgery : Evidence from Italy. / Siciliani, Luigi; Fiorio, Carlo; Riganti, Andrea.

In: Health Economics, Vol. 26, 21.09.2017, p. 92-105.

Research output: Contribution to journalArticle

Harvard

Siciliani, L, Fiorio, C & Riganti, A 2017, 'The Effect of Waiting Times on Demand and Supply for Elective Surgery: Evidence from Italy', Health Economics, vol. 26, pp. 92-105. https://doi.org/10.1002/hec.3545

APA

Siciliani, L., Fiorio, C., & Riganti, A. (2017). The Effect of Waiting Times on Demand and Supply for Elective Surgery: Evidence from Italy. Health Economics, 26, 92-105. https://doi.org/10.1002/hec.3545

Vancouver

Siciliani L, Fiorio C, Riganti A. The Effect of Waiting Times on Demand and Supply for Elective Surgery: Evidence from Italy. Health Economics. 2017 Sep 21;26:92-105. https://doi.org/10.1002/hec.3545

Author

Siciliani, Luigi ; Fiorio, Carlo ; Riganti, Andrea. / The Effect of Waiting Times on Demand and Supply for Elective Surgery : Evidence from Italy. In: Health Economics. 2017 ; Vol. 26. pp. 92-105.

Bibtex - Download

@article{113dd5c7c05f4643a511d2557e90b894,
title = "The Effect of Waiting Times on Demand and Supply for Elective Surgery: Evidence from Italy",
abstract = "Waiting times are a major policy concern in publicly funded health systems across OECD countries. Economists have argued that, in the presence of excess demand, waiting times act as nonmonetary prices to bring demand for and supply of health care in equilibrium. Using administrative data disaggregated by region and surgical procedure over 2010–2014 in Italy, we estimate demand and supply elasticities with respect to waiting times. We employ linear regression models with first differences and instrumental variables to deal with endogeneity of waiting times. We find that demand is inelastic to waiting times while supply is more elastic. Estimates of demand elasticity are between −0.15 to −0.24. Our results have implications on the effectiveness of policies aimed at increasing supply and their ability to reduce waiting times.",
keywords = "demand, elective surgery, supply, waiting times",
author = "Luigi Siciliani and Carlo Fiorio and Andrea Riganti",
year = "2017",
month = "9",
day = "21",
doi = "10.1002/hec.3545",
language = "English",
volume = "26",
pages = "92--105",
journal = "Health Economics",
issn = "1057-9230",
publisher = "John Wiley and Sons Ltd",

}

RIS (suitable for import to EndNote) - Download

TY - JOUR

T1 - The Effect of Waiting Times on Demand and Supply for Elective Surgery

T2 - Evidence from Italy

AU - Siciliani, Luigi

AU - Fiorio, Carlo

AU - Riganti, Andrea

PY - 2017/9/21

Y1 - 2017/9/21

N2 - Waiting times are a major policy concern in publicly funded health systems across OECD countries. Economists have argued that, in the presence of excess demand, waiting times act as nonmonetary prices to bring demand for and supply of health care in equilibrium. Using administrative data disaggregated by region and surgical procedure over 2010–2014 in Italy, we estimate demand and supply elasticities with respect to waiting times. We employ linear regression models with first differences and instrumental variables to deal with endogeneity of waiting times. We find that demand is inelastic to waiting times while supply is more elastic. Estimates of demand elasticity are between −0.15 to −0.24. Our results have implications on the effectiveness of policies aimed at increasing supply and their ability to reduce waiting times.

AB - Waiting times are a major policy concern in publicly funded health systems across OECD countries. Economists have argued that, in the presence of excess demand, waiting times act as nonmonetary prices to bring demand for and supply of health care in equilibrium. Using administrative data disaggregated by region and surgical procedure over 2010–2014 in Italy, we estimate demand and supply elasticities with respect to waiting times. We employ linear regression models with first differences and instrumental variables to deal with endogeneity of waiting times. We find that demand is inelastic to waiting times while supply is more elastic. Estimates of demand elasticity are between −0.15 to −0.24. Our results have implications on the effectiveness of policies aimed at increasing supply and their ability to reduce waiting times.

KW - demand

KW - elective surgery

KW - supply

KW - waiting times

UR - http://www.scopus.com/inward/record.url?scp=85029659292&partnerID=8YFLogxK

U2 - 10.1002/hec.3545

DO - 10.1002/hec.3545

M3 - Article

VL - 26

SP - 92

EP - 105

JO - Health Economics

JF - Health Economics

SN - 1057-9230

ER -