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Mergers and Marginal Costs: New Evidence on Hospital Buyer Power

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NBER2018-08-01 更新2025-01-04 收录
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We estimate the effects of horizontal mergers on marginal cost efficiencies an ubiquitous merger justification using data containing supply purchase orders from a large sample of US hospitals 2009-2015. The data provide a level of detail that has been difficult to observe previously, and a variety

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2018-08-01
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