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Table 3 Descriptive statistics

From: Assessing the effects of price regulation and freedom of choice on quality: evidence from the physiotherapy market

  

Contract period 2011-2014 (post reform)

Contract period 2007-2010 (pre reform)

 
 

Variable details

Mean

S.E.

Min

Max

Mean

S.E.

Min

Max

Dependent variable

  

Treatment group/Control group

   

Treatment group/Control group

 

Quality

Sum of quality factors scored during competitive bidding (control group) or with regulated prices (study group) scoring conducted by the researcher based on questionnaires (max score 103 points)

70.93/82.67

12.69/12.43

47/29

99/103

    

Quality

Sum of quality factors scored during competitive bidding (max score 103 points)

    

73.34/68.78

12.07/10.82

48.03/27.20

96.66/100.66

Independent variables

Competition (municipality)

Total number of physiotherapists (firms) per municipality

26.12/74.70

20.38/110.81

1/0

50/403

17.35/56.91

12.16/87.02

1/0

31/318

Capacity

Firm's potential patient capacity per year

30.98/34.05

34.30/41.71

2/0

220/330

22.35/18.92

27.86/20.45

1/5

150/200

Average rental rate (municipality)

Average rental rate (€/square meter) in a municipality. Average rental rate includes all rent realized in a privately financed market, not just rents of physiotherapists (firms).

8.85/10.07

0.84/2.09

8.00/7.87

10.00/14.92

8.08/8.80

0.92/1.50

7.12/7.12

9.33/12.01

Disabled individuals (municipality)

Total number of disabled individuals in a municipality receiving physiotherapy

122.45/234.56

90.26/272.09

9.00/7.87

227/963

110.81/205.27

85.44/244.27

11/3

233/856

Population (municipality)

Total population in a municipality

46147.53/112489.20

38370.42/164446.70

3436/1503

102308/595384

44710/108784

36888.14/156839.60

3564/1575

99308/568531

Risk rating

Firms are placed into different risk categories (1-3) based on their risk evaluation conducted by Suomen Asiakastieto Oy. Risk is calculated based on e.g. financial statement. Low risk =1, high risk =3

1.02/1.19

0.14/0.45

1/1

2/3

1.33/1.36

0.47/0.53

1/1

2/3