Journal article
Public, private or both? Analyzing factors influencing the labour supply of medical specialists
TC Cheng, G Kalb, A Scott
Canadian Journal of Economics | Published : 2018
DOI: 10.1111/caje.12334
Abstract
Abstract: This paper investigates the factors influencing the allocation of time between public and private sectors by medical specialists. A discrete choice structural labour supply model is estimated, where specialists choose from a set of job packages that are characterized by the number of working hours in the public and private sectors. The results show that medical specialists respond to changes in earnings by reallocating working hours to the sector with relatively increased earnings, while leaving total working hours unchanged. The magnitudes of the own-sector and cross-sector hours elasticities fall in the range of 0.16–0.51. The labour supply response varies by gender, doctor’s age..
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Awarded by Department of Health and Social Care
Funding Acknowledgements
We thank two anonymous referees for their comments and suggestions. We gratefully acknowledge the helpful comments that we received at the 2013 World Congress of the International Health Economics Association, the 2013 Conference of the Australian Health Economics Society and at a number of research seminars in universities. This paper uses data from the MABEL longitudinal survey of doctors conducted by the University of Melbourne and Monash University (through the MABEL research team). Funding for MABEL comes from the National Health and Medical Research Council (Health Services Research Grant: 2008-2011 and Centre for Research Excellence in Medical Workforce Dynamics: 2012-2016) with additional support from the Department of Health (in 2008) and Health Workforce Australia (in 2013). The MABEL research team bears no responsibility for how the data has been analyzed, used or summarized in this paper.