Soft budget constraints and ownership: Empirical evidence from US hospitals

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 110
Issue: 1
Pages: 7-11

Authors (2)

Eggleston, Karen (Stanford University) Shen, Yu-Chu (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Consistent with the property rights theory of ownership incorporating soft budget constraints (SBCs), we find that controlling for SBCs, for-profit hospitals drop safety-net services more often and exhibit higher mortality rates, suggesting aggressive cost control that damages non-contractible quality.

Technical Details

RePEc Handle
repec:eee:ecolet:v:110:y:2011:i:1:p:7-11
Journal Field
General
Author Count
2
Added to Database
2026-01-25