Table 8 Effect of wages for basic metabolic panel (80048, blood tests) (t stats are reported in parentheses using robust standard errors)

 Total Number of Hospital Beds (100 s)

−0.007

0.0386***

−1.743

0.041***

(-0.57)

(3.54)

(-1.50)

(3.56)

 Medical Lab Wage

-

−0.000

-

0.004**

-

(-.038)

-

(5.89)

 Population Density (1,000 s per Square Mile)

0.202***

−0.003***

0.208***

−0.004***

(4.32)

(-8.46)

(4.69)

(-9.23)

 Area (1,000 s of Square Miles)

−7.741***

0.310***

−10.112***

0.338***

(-5.06)

(8.78)

(6.45)

(9.29)

 Lab Technician Licensing Laws

-

-

446.104***

-

-

-

(19.24)

-

Demographic Controls^a

YES

YES

YES

YES

Year Trend

YES

YES

YES

YES

Region Fixed Effect

YES

YES

YES

YES

Year Trend × Region Fixed Effect

YES

YES

YES

YES

No. of Observations

5122

5122

5122

5122

R-squared

0.194

0.194

0.245

-

Root MSE

581.95

6.586

563.719

6.864

First-stage F-statistics

-

-

69.03

Wooldridge Robust Score Test

-

-

33.099