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The labour supply behaviour of self-employed solo practice physicians

Applied Economics, ISSN: 0003-6846, Vol: 30, Issue: 1, Page: 85-94
1998
  • 22
    Citations
  • 4
    Usage
  • 16
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    22
    • Citation Indexes
      19
    • Policy Citations
      3
      • Policy Citation
        3
  • Usage
    4
  • Captures
    16

Article Description

This paper investigates the empirical labour supply behaviour of self-employed solo practice physicians. The specification of the empirical labour supply equation is based on a model of constrained utility-maximizing behaviour that recognizes the physician makes work/leisure choices based on an endogenous shadow wage and faces a non-linear budget constraint. The findings suggest that the typical self-employed solo practice male physician operates on the upward-sloping portion of the labour supply curve and is relatively unresponsive to changes in marginal hourly medical practice earnings and non-practice income.

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