《Estimating the Blood Supply Elasticity: Evidence from a Universal Scale
Benefit Scheme》
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作者:
Sara R. Machado
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最新提交年份:
2020
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分类信息:
一级分类:Economics 经济学
二级分类:General Economics 一般经济学
分类描述:General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要:
I estimate the semi-elasticity of blood donations with respect to a monetary benefit, namely the waiver of user fees when using the National Health Service, in Portugal. Using within-county variation over time in the value of the benefitI estimate both the unconditional elasticity, which captures overall response of the market, and the conditional elasticity, which holds constant the number of blood drives. This amounts to fixing a measure of the cost of donation to the blood donor. I instrument for the number of blood drives, which is endogenous, using a variable based on the number of weekend days and the proportion of blood drives on weekends. A one euro increase in the subsidy leads 1.8% more donations per 10000 inhabitants, conditional on the number of blood drives. The unconditional effect is smaller. The benefit does not attract new donors, instead it fosters repeated donation. Furthermore, the discontinuation of the benefit lead to a predicted decrease in donations of around 18%, on average. However, I show that blood drives have the potential to effectively substitute monetary incentives in solving market imbalances.
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