Date of Award
1980
Document Type
Thesis
Publication Status
Version of Record
Submission Date
October 2026
Thesis/Dissertation Advisor [Chair]
Stronge, William B.
Abstract
The theoretical specification of empirical issues associated with statistical cost functions are reviewed. This is followed by a review of the major works in the field of hospital cost function estimation. The final chapter contains an econometric estimation of cost functions for Florida hospitals in 1976. Included are estimations of total and average cost functions specified as functions of output alone. Additional variables are added to the specification of the average cost function including: speed of production; product heterogeneity; urbanization; control of the hospital and the interactions of control with speed of production; and product complexity. These variables significantly improve the explanatory power of the function which results in an inverted L-shaped curve.
Extent
62 p.
Recommended Citation
PIKE, STEVEN WESLEY, "COST FUNCTIONS FOR FLORIDA HOSPITALS: AN ECONOMETRIC STUDY" (1980). Electronic Theses and Dissertations 1980 - 1989. 16.
https://digitalcommons.fau.edu/etd_general_3/16
Identifier
FADT14012
Comments
College of Business|Thesis (M.A.)--Florida Atlantic University, 1980.|FAU Electronic Theses and Dissertations Collection|College of Business