Market Size and Trade in Medical Services (revised and expanded)
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My coauthors and I posted a substantially revised draft of “Market Size and Trade in Medical Services” last week. As I wrote about the first draft:
There’s a long-running discussion in health policy about “spatial mismatch”: are doctors and clinics too concentrated in big cities? Our paper emphasizes that you need to quantify the trade-off between local increasing returns and trade costs to answer this question. If the division of labor is limited by the extent of the market, the
There’s a long-running discussion in health policy about “spatial mismatch”: are doctors and clinics too concentrated in big cities? Our paper emphasizes that you need to quantify the trade-off between local increasing returns and trade costs to answer this question. If the division of labor is limited by the extent of the market, the
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