Econometric estimation of country-specific hospital costs

Table 1 Descriptive statistics of the multiple imputation estimates N = 1171

Variable	Description	Mean	SE
Ln cost per bed day	Natural log of cost per bed day in 1998 I $	4.98	1.63
Ln GDP per capita	Natural log of GDP per capita in 1998 I $	8.90	1.06
Ln occupancy rate	Natural log of occupancy rate	-0.41	0.61
Drug costs	Dummy variable for inclusion of drug costs. Included = 1	0.96	0.18
Food costs	Dummy variable for inclusion of food costs. Included = 1	0.93	0.25
Level 1 hospital	Dummy variable for level 1 hospital ⁽¹⁾	0.33	0.47
Level 2 hospital	Dummy variable for level 2 hospital	0.41	0.49
Public	Dummy variable for level public hospitals ⁽²⁾	0.84	0.36
Private for profit	Dummy variable for level private for profit hospitals	0.08	0.27
USA	Dummy variable for USA. USA = 1	0.17	0.37

(1) Dummies for levels of hospital are compared with level 3 hospitals (2) Dummies for hospital ownership are compared with public not-for-profit hospitals

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