Table 3 Dynamic effect of the ZMDP at county hospitals by hospital types
Variables | Ln share of revenue from medicine sales | Ln revenue from medicine sales | Ln revenue from medical care service | Ln government subsidies | Ln revenue and expenditure surplus | Ln gross revenue | Ln number of annual outpatient visits | Ln number of annual inpatient visits |
|---|---|---|---|---|---|---|---|---|
the adoption year | −0.184*** (0.022) | −0.282*** (0.044) | 0.032 (0.027) | 1.032*** (0.219) | 0.034 (0.039) | −0.059* (0.026) | 0.022 (0.030) | −0.003 (0.037) |
1 year after adoption | −0.202*** (0.027) | − 0.337*** (0.059) | 0.004 (0.036) | 1.141*** (0.240) | 0.032 (0.048) | −0.071* (0.035) | 0.058 (0.039) | 0.012 (0.048) |
2 years after adoption | −0.207*** (0.035) | −0.362*** (0.076) | − 0.010 (0.049) | 1.051** (0.313) | 0.049 (0.057) | −0.099* (0.046) | 0.065 (0.051) | 0.047 (0.069) |
3 or more years after adoption | −0.251*** (0.054) | −0.494*** (0.113) | − 0.071 (0.063) | 1.211* (0.512) | 0.022 (0.053) | −0.165* (0.064) | 0.086 (0.079) | 0.051 (0.096) |
the adoption year *TCM | 0.058* (0.024) | 0.130* (0.055) | 0.048 (0.039) | −0.517** (0.177) | −0.027 (0.019) | 0.057 (0.043) | −0.124** (0.043) | − 0.052 (0.077) |
1 year after adoption *TCM | 0.068** (0.023) | 0.147** (0.051) | 0.056 (0.041) | −0.257 (0.180) | −0.028 (0.017) | 0.058 (0.041) | −0.148** (0.046) | − 0.047 (0.050) |
2 years after adoption *TCM | 0.087*** (0.025) | 0.154** (0.047) | 0.035 (0.040) | −0.432* (0.205) | −0.044* (0.020) | 0.051 (0.040) | −0.205*** (0.054) | − 0.046 (0.056) |
3 or more years after adoption *TCM | 0.038 (0.032) | 0.130 (0.082) | 0.101 (0.067) | −0.808 (0.445) | −0.010 (0.014) | 0.092 (0.066) | −0.294*** (0.077) | 0.023 (0.067) |
Observations | 1967 | 1967 | 1967 | 1912 | 1966 | 1967 | 1967 | 1965 |
R-squared | 0.568 | 0.784 | 0.913 | 0.356 | 0.006 | 0.894 | 0.599 | 0.596 |