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Table 5 Mechanism test

From: Can public hospital reform reduce medical resource mismatches? Evidence from China

Variables

LnCost

Mismatch

Supply

Mismatch

(1)

(2)

(3)

(4)

PHR

-0.0758***

-0.136***

0.0894***

-0.128***

 

(0.0215)

(0.0250)

(0.0209)

(0.0249)

LnCost

 

0.0474**

  
  

(0.0217)

  

Supply

   

-0.126***

    

(0.0191)

City FE

Y

Y

Y

Y

Year FE

Y

Y

Y

Y

Controls

Y

Y

Y

Y

Robust

Y

Y

Y

Y

Observations

3,600

3,600

3,600

3,600

R-squared

0.026

0.086

0.039

0.095

  1. *** p < 0.01, ** p < 0.05, * p < 0.1; City FE stands for city fixed effects to control for the effect of heterogeneity across cities; Year FE stands for year fixed effects to control for the effect of heterogeneity across years; Controls stands for a set of control variables; Robust stands for the use of robust standard errors to control for the effect of heteroskedasticity in the error term