Herfindahl–Hirschman Index

https://www.urban.org/sites/default/files/publication/50116/2000212-Addressing-Pricing-Power-in-Health-Care-Markets.pdf

1. Compare the following information between hospitals located in high, moderate and low competitive markets? (table 1)
2. What are the main significant differences between hospitals in different markets? (use ANOVA test)
3. Use the density curves and compare hospitals cost and revenues between three markets.
4. What is the impact of being in a high-competitive market on hospital revenues and cost? Do you think being in a high-competitive market has a positive impact on net hospital benefits? What about the number of Medicare and Medicaid discharge? Do you think hospitals in a higher completive market more likely to accept more Medicare and Medicaid patients? What is the impact of other variables?