Publications [#238875] of Frank A. Sloan

Journal Articles

1. Sloan, FA; Steinwald, B, Effects of regulation on hospital costs and input use., The Journal of law & economics, vol. 23 no. 1 (January, 1980), pp. 81-109 (Presented at the American Economic Associaiton Meetings, August 1978.) [repository], [doi]
   (last updated on 2025/05/11)

   Abstract:
   This study's objective is to gauge the impact of three major forms of recent hospital regulation: controls on expansion of facilities and services; controls on allowable revenue and/or cost increases; and controls on utilization of hospital services. Section II presents a description of regulatory institutions including the specific programs examined in this study. Section III describes data, variable construction, and model specification. Empirical findings, with references to comparable findings from past research, are contained in Section IV. Conclusions and policy implications are presented in Section V. The evidence suggests that, as a group, regulatory programs did not meaningfully contain hospital costs during the first half of the 1970s. The results are consistent with three alternative views: (a) the regulations examined in this study do not have the capability of controlling hospital costs; (b) the regulations are effective, but our empirical approach was inappropriate to capture these effects; or (c) the regulations are potentially effective, but the time period studied was not long enough or was too soon after implementation in most cases for these effects to have become measurable. The authors feel that the first explanation is far more likely than the third.