A Panel Data Study of Physicians' Labor Supply: The Case of Norway
26 Pages Posted: 8 Apr 2003
Date Written: March 2003
Abstract
Physicians are key personnel in a sector which is important due to its size as well as the quality of service it provides. We estimate the labor supply of physicians employed at hospitals in Norway, using personnel register data merged with other public records. A dynamic labor supply equation is estimated using a sample of 1303 physicians observed over the period 1993-97. The methods of estimation are GMM and system GMM. We reject the static model in favor of a dynamic model and obtain a long-run wage elasticity of about 0.55. This is considerably higher than previously estimated for physicians, in particular for those who are not self-employed.
Keywords: Physicians, Labor Supply, Dynamic Panel Data
JEL Classification: I10, J22, J44
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Selection Correction in Panel Data Models: An Application to Labour Supply and Wages
By Christian Dustmann and M. E. Rochina
-
A Comparison of Different Estimators for Panel Data Sample Selection Models
By Peter Jensen, Michael Rosholm, ...
-
By Helena Skyt Nielsen, Michael Rosholm, ...
-
Will Increased Wages Reduce Shortage of Nurses? A Panel Data Analysis of Nurses' Labour Supply
By Jan Erik Askildsen, Badi H. Baltagi, ...
-
By Terence Chai Cheng, Anthony Scott, ...
-
Assessing Unemployment Traps in Belgium Using Panel Data Sample Selection Models
By Anna Cristina D'addio, Isabelle De Greef, ...
-
By Peter Mathew Sivey, Anthony Scott, ...