Imperial College London
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ProfessorCarolPropper

Business School

Chair in Economics
 
 
 
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Contact

 

+44 (0)20 7594 9291c.propper CV

 
 
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Location

 

414City and Guilds BuildingSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Jones:2017:10.1016/j.jhealeco.2017.06.011,
author = {Jones, D and Propper, C and Smith, S},
doi = {10.1016/j.jhealeco.2017.06.011},
journal = {Journal of Health Economics},
pages = {108--120},
title = {Wolves in sheep’s clothing: Is non-profit status used to signal quality?},
url = {http://dx.doi.org/10.1016/j.jhealeco.2017.06.011},
volume = {55},
year = {2017}
}
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RIS format (EndNote, RefMan)

TY  - JOUR
AB  - Why do many firms in the healthcare sector adopt non-profit status? One argument is that non-profit status serves as a signal of quality when consumers are not well informed. A testable implication is that an increase in consumer information may lead to a reduction in the number of non-profits in a market. We test this idea empirically by exploiting an exogenous increase in consumer information in the US nursing home industry. We find that the information shock led to a reduction in the share of non-profit homes, driven by a combination of home closure and sector switching. The lowest quality non-profits were the most likely to exit. Our results have important implications for the effects of reforms to increase consumer provision in a number of public services.
AU  - Jones,D
AU  - Propper,C
AU  - Smith,S
DO  - 10.1016/j.jhealeco.2017.06.011
EP  - 120
PY  - 2017///
SN  - 0167-6296
SP  - 108
TI  - Wolves in sheep’s clothing: Is non-profit status used to signal quality?
T2  - Journal of Health Economics
UR  - http://dx.doi.org/10.1016/j.jhealeco.2017.06.011
UR  - http://hdl.handle.net/10044/1/49446
VL  - 55
ER  -
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