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Table 9 Results of the mechanism analysis of medical services outputs

From: Does privatization decrease the structural efficiency in the Chinese hospital sector?

 

(1)

(2)

(3)

VARIABLES

MF

CTF

OF

RGDP

0.094c

0.092c

0.123c

 

(5.17)

(5.16)

(5.48)

PPH

0.132c

0.115c

0.047a

 

(5.83)

(5.15)

(1.67)

PTH

-0.042a

-0.043b

0.006

 

(-1.97)

(-2.06)

(0.24)

TPD

-0.282c

-0.278c

-0.235c

 

(-4.10)

(-4.11)

(-2.76)

GHCP

0.087c

0.087c

0.113c

 

(4.45)

(4.55)

(4.65)

PM

0.774c

0.763c

1.180c

 

(5.58)

(5.60)

(6.87)

RSU

0.026

0.029

0.020

 

(0.86)

(0.98)

(0.54)

Constant

9.154c

9.275c

5.173c

 

(12.54)

(12.92)

(5.72)

Observations

310

310

310

R-squared

0.913

0.914

0.934

Number of id

31

31

31

code FE

YES

YES

YES

year FE

YES

YES

YES

  1. The variables MF, CTF, and OF in columns 1–3 are all medical services provided by the health care industry. A higher degree of marketisation (PPH) in the healthcare sector increases the supply of healthcare services
  2. YSE indicates that fixed effects were controlled, NO indicates that fixed effects were not controlled
  3. t-values in parentheses
  4. a, b and c denote statistical significance at the 10 per cent, 5 per cent and 1 per cent levels, respectively