18 research outputs found
Policy Limits, Payouts, and Blood Money: Medical Malpractice Settlements in the Shadow of Insurance
Policy Limits, Payouts, and Blood Money: Medical Malpractice Settlements in the Shadow of Insurance
How Do the Elderly Fare in Medical Malpractice Litigation, Before and After Tort Reform? Evidence from Texas
The elderly account for a disproportionate share of medical spending, but little is known about how they are treated by the medical malpractice system, or how tort reform affects elderly claimants. We compare paid medical malpractice claims brought by elderly plaintiffs in Texas during 1988–2009 to those brought by adult non-elderly plaintiffs. Controlling for healthcare utilization (based on inpatient days), elderly paid claims rose from about 20% to about 40% of the adult non-elderly rate by the early 2000s. Mean and median payouts per claim also converged, although the elderly were far less likely to receive large payouts. Tort reform strongly affected claim rates and payouts for both groups, but disproportionately reduced payouts to elderly claimants. We thus find evidence of convergence between the elderly and the adult non-elderly in both claim rates and payouts, which is interrupted by tort reform
Recommended from our members
Gender differences in demography and labor markets
textGender differences in labor markets and within households have been investigated by researchers for a long time. This dissertation adds new findings to the body of gender-related empirical studies on labor markets and demographic decisions. The first essay deals with the firm size selection behavior of workers and the firms' employment patterns by size in the United States. Using the Current Population Survey, I find that the changes in firm size distribution show different trends by gender between 1987 and 2001. While the percentage of female workers in large firms has increased gradually, that of male workers has hardly changed over time. These trends are not explained by changes in the distribution of demographic and job characteristics alone. I also find that the gender gaps in size-wage premia of workers in large firms decline over the period studied. Using these results, I show that gender wage convergence is partly accounted for by the changes in size distribution and size premia. The second essay examines how internet use affects job search and match outcomes of young workers in South Korea. Using the Youth Panel surveyed in 2001, I find that workers successfully employed through internet search have a significant wage premium over those employed through traditional methods, except for referrals or social networks. The positive wage effect is pronounced among women and previously unemployed workers. I also find that new employees who have ever searched online for jobs are more likely to search for other jobs. The third essay focuses on an idiosyncratic social norm and its effects on demographic outcomes. South Koreans have traditionally considered that the year of the Horse bears inauspicious implications for the birth of daughters. Using monthly longitudinal data at the region level between 1970 and 2003, I find that in the year of the Horse, the sex ratio at birth significantly increases while fertility decreases. The last essay examines how family cultural values, proxied by lunar calendar use for birthday, affect young individuals' marriage and fertility decisions in South Korea. Employing the Youth Panel, I find that young people with lunar birthdays, regardless of gender, are more likely to be married. More interestingly, young married men with lunar birthdays are more likely to have children, while young married women are not influenced by the tradition. These results are consistent with the hypotheses that young men from more traditional families enter into early marriages and that they are more likely to have offspring at earlier ages.Economic
Agglomeration, backward and forward linkages: evidence from South Korean investment in China
With a firm-level data set, we study the location decision of South Korean multinationals across China's regions. Our conditional logit estimates confirm agglomeration effects along industry and along national lines. We add an upstream and downstream (backward and forward) linkage effect. We find that the presence of upstream and downstream South Korean affiliates significantly increases the likelihood that a South Korean multinational invests in a particular region. However, linkages that do not differentiate by nationality do not seem to matter much. As such, our analysis of investors' location choice brings together two perspectives: linkages and agglomeration along national lines.
Agglomeration, Backward and Forward Linkages: Evidence from South Korean Investment in China
With a firm-level dataset, we study the location decision of all South Korean multinationals across China's regions between 1992 and 2004, taking into account spatial aspects. Our conditional logit estimates confirm previous studies that stress the agglomeration effects along industry and along national lines in firms' location choice. In particular, South Korean investors target the place where there are more firms irrespective of their nationality and, at the same time, more affiliates from South Korean multinationals. More importantly, we decompose these agglomeration effects into a pure agglomeration effect and an upstream and downstream (backward and forward) linkage effect. We find that the presence of upstream and downstream South Korean affiliates significantly increases the likelihood that a South Korean multinational invests there. At the same time, however, backward and forward linkages with the companies irrespective of their nationality do not seem to matter. As such, our analysis of investors' location choice brings together two perspectives: (backward and forward) linkages and agglomeration along national lines.agglomeration; multinationals
Agglomeration, backward and forward linkages: evidence from South Korean investment in China
Abstract. With a firm-level data set, we study the location decision of South Korean multinationals across China\u27s regions. Our conditional logit estimates confirm agglomeration effects along industry and along national lines. We add an upstream and downstream (backward and forward) linkage effect. We find that the presence of upstream and downstream South Korean affiliates significantly increases the likelihood that a South Korean multinational invests in a particular region. However, linkages that do not differentiate by nationality do not seem to matter much. As such, our analysis of investors\u27 location choice brings together two perspectives: linkages and agglomeration along national lines. © Canadian Economics Association
Recommended from our members