Does salary affect the choice of residency in non-university teaching hospitals? A panel analysis of Japan Residency Matching Programme data

Table 3 Elasticity of the stratified analyses by the population size of the hospital location

Model		Population <279,127		Population ≥279,127
		Elasticity	Elasticity	Elasticity	Elasticity
Ordinary least squares	Salary	0.5787^*	1.0390	0.0278	1.3582
	Number of teaching physicians	0.5905^**	1.0740	0.5724^**	1.9154^*
	Closed programme within a single institution	0.1052^**	0.1042^**	0.0537^**	0.0543^**
	Number of hospital beds	0.5751^**	0.5707^**	0.3919^**	0.3821^**
	Average number of emergency patients	0.1163	0.1182	0.0315	0.0319
	Interaction (Salary*Number of teaching physicians)		−0.5059		−1.3296
Fixed effects model	Salary	0.6498^*	1.9185^**	0.3842	1.9089^*
	Number of teaching physicians	0.1985	1.6253^*	0.4521^**	1.9857^**
	Closed programme within a single institution	0.0043	0.0056	−0.0152	−0.0114
	Number of inpatients	0.2155	0.1951	1.5433^**	1.5960^**
	Average number of emergency patients	0.0303	0.0053	0.0338	0.0370
	Interaction (Salary*Number of teaching physicians)		−1.4133		−1.5223^*
Random effects model	Salary	0.5470^**	1.4538^**	0.0083	1.7051^**
	Number of teaching physicians	0.5900^**	1.5453^**	0.6793^**	2.3981^**
	Closed programme within a single institution	0.0505^*	0.0488^*	0.0277	0.0307
	Number of inpatients	0.8792^**	0.8692^**	0.5482^**	0.5413^**
	Average number of emergency patients	0.1226	0.1231	0.0573	0.0585^*
	Interaction (Salary*Number of teaching physicians)		−0.9690		−1.7013^**
Number of hospitals		237	237	238	238

ISSN: 1478-4491