Are substitute services a barrier to controlling long-term care expenditures?
Competition and pricing behavior in long term care markets: Evidence from the Market for Assistance in Daily Housekeeping Activities
Exploiting a rich data set on the Dutch market for assistance in daily housekeeping activities (ADHA), we find that larger providers obtain a higher price than do small providers. However, compared to other studies on market power in care markets this price difference is considered small to moderate. →