A Panel Data Study of Physicians' Labor Supply: The Case of Norway

26 Pages Posted: 8 Apr 2003

See all articles by Badi H. Baltagi

Badi H. Baltagi

Syracuse University; CESifo (Center for Economic Studies and Ifo Institute); IZA Institute of Labor Economics

Espen Bratberg

University of Bergen - Department of Economics

Tor Helge Holmas

University of Bergen - Department of Economics

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

Baltagi, Badi H. and Bratberg, Espen and Holmas, Tor Helge, A Panel Data Study of Physicians' Labor Supply: The Case of Norway (March 2003). Available at SSRN: https://ssrn.com/abstract=388623 or http://dx.doi.org/10.2139/ssrn.388623

Badi H. Baltagi (Contact Author)

Syracuse University ( email )

426 Eggers Hall
Syracuse, NY 13244-1020
United States
315-443-1630 (Phone)
315-443-1081 (Fax)

HOME PAGE: https://pbaltagi.wix.com/badibaltagi

CESifo (Center for Economic Studies and Ifo Institute) ( email )

Poschinger Str. 5
Munich, DE-81679
Germany

IZA Institute of Labor Economics

Schaumburg-Lippe-Str. 7 / 9
Bonn, D-53072
Germany

Espen Bratberg

University of Bergen - Department of Economics ( email )

Fosswinckelsgt. 6
N-5007 Bergen, 5007
Norway

Tor Helge Holmas

University of Bergen - Department of Economics ( email )

Fosswinckelsgt. 6
N-5007 Bergen, 5007
Norway
+47 55589238 (Phone)
+47 55589210 (Fax)

HOME PAGE: http://www.econ.uib.no/stab/torHelge.html

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