Promotion of best practice case studies and events is essential to industry improvement, and social media applications are opening these to global input, sharing and inspiration.
I respected her attention to detail and appreciated her requests for input, sharing with me the enthusiasm her brother lacked.
The second channel though which hospital concentration leads to reduced input costs is the traditional Marshallian input sharing mechanism.
This seems to suggest that the majority of the impact of agglomeration economies on input prices is through input sharing.
The LIF model with a continuous input shares this saturation property, as we prove in Proposition 6.
Once the proxy for input sharing is controlled for, the agglomeration measure itself no longer has significant effect of reducing the input prices.
This study extends the literature by examining how agglomeration of the hospital service industry enhances the productivity of producing health care through the channel of input sharing.
Our findings also contribute to the agglomeration literature by providing evidence that intermediate input sharing is a significant contributor to agglomeration benefits.
This is pecuniary agglomeration economies as in Brueckner [5] and it does not involve the increasing returns to scale that necessitates Marshall's notion of input sharing.
This is the first estimation of the exact magnitude of cost savings associated with input sharing, which has to this point been a missing piece of the literature.
