Table 3 Dynamic effect of the ZMDP at county hospitals by hospital types
| Variables | Ln share of revenue from medicine sales | Ln revenue from medicine sales | Ln revenue from medical care service | Ln government subsidies | Ln revenue and expenditure surplus | Ln gross revenue | Ln number of annual outpatient visits | Ln number of annual inpatient visits |
|---|---|---|---|---|---|---|---|---|
| the adoption year |
−0.184*** (0.022) |
−0.282*** (0.044) |
0.032 (0.027) |
1.032*** (0.219) |
0.034 (0.039) |
−0.059* (0.026) |
0.022 (0.030) |
−0.003 (0.037) |
| 1 year after adoption |
−0.202*** (0.027) |
− 0.337*** (0.059) |
0.004 (0.036) |
1.141*** (0.240) |
0.032 (0.048) |
−0.071* (0.035) |
0.058 (0.039) |
0.012 (0.048) |
| 2 years after adoption |
−0.207*** (0.035) |
−0.362*** (0.076) |
− 0.010 (0.049) |
1.051** (0.313) |
0.049 (0.057) |
−0.099* (0.046) |
0.065 (0.051) |
0.047 (0.069) |
| 3 or more years after adoption |
−0.251*** (0.054) |
−0.494*** (0.113) |
− 0.071 (0.063) |
1.211* (0.512) |
0.022 (0.053) |
−0.165* (0.064) |
0.086 (0.079) |
0.051 (0.096) |
| the adoption year *TCM |
0.058* (0.024) |
0.130* (0.055) |
0.048 (0.039) |
−0.517** (0.177) |
−0.027 (0.019) |
0.057 (0.043) |
−0.124** (0.043) |
− 0.052 (0.077) |
| 1 year after adoption *TCM |
0.068** (0.023) |
0.147** (0.051) |
0.056 (0.041) |
−0.257 (0.180) |
−0.028 (0.017) |
0.058 (0.041) |
−0.148** (0.046) |
− 0.047 (0.050) |
| 2 years after adoption *TCM |
0.087*** (0.025) |
0.154** (0.047) |
0.035 (0.040) |
−0.432* (0.205) |
−0.044* (0.020) |
0.051 (0.040) |
−0.205*** (0.054) |
− 0.046 (0.056) |
| 3 or more years after adoption *TCM |
0.038 (0.032) |
0.130 (0.082) |
0.101 (0.067) |
−0.808 (0.445) |
−0.010 (0.014) |
0.092 (0.066) |
−0.294*** (0.077) |
0.023 (0.067) |
| Observations | 1967 | 1967 | 1967 | 1912 | 1966 | 1967 | 1967 | 1965 |
| R-squared | 0.568 | 0.784 | 0.913 | 0.356 | 0.006 | 0.894 | 0.599 | 0.596 |