中国国有经济改革与发展系列讲座(第9期):《Financial Incentives and the Rise of Traditional Medicine:Evidence from China's National Drug Procurement Reform》
主 持 人:刘瑞明 中国人民大学国有经济研究院执行院长、国家发展与战略研究院教授
时 间:2025年12月29日 9:00-10:30
地 点: 立德楼11层1133会议室
主办单位:中国人民大学国有经济研究院
内容摘要:This paper examines how a nationwide price control reform in China-the "4+7" centralized drug pro-curement pilot-affected physician behavior in a system where provider income is partially tied to drug mark-ups. Leveraging administrative data from a tertiary public hospital (2018-2020) and exploiting heterogeneity in departmental exposure to procurement-targeted drugs, we implement a difference-in-differences strategy to estimate causal effects. While the policy reduced targeted drug prices by over 35%, total prescription spending remained unchanged. Instead, we observe a sharp substitution toward unregulated revenue channels: physicians in high-exposure departments increased their use of traditional Chinese medicine (TCM) by 1.6-1.9 percentage points and extended inpatient stays by over 7%. These responses are especially pronounced among senior physicians and for out-of-pocket patients. We further document a modest but statistically significant decline in patient recovery rates, suggesting that revenue-preserving strategies may compromise care quality. Our findings demonstrate that narrowly targeted procurement reforms can trigger offsetting behaviors when provider payment systems are misaligned, underscoring the need for incentive-compatible design in health system reform.
报告人:宗庆庆,现任上海财经大学财税投资学院副院长、讲席副教授、博士生导师,兼任金融硕士(首席投资官方向)研究生教育中心副主任、投资发展研究院副院长。入选上海市东方英才(青年项目)人才支持计划。主要从事国民经济学、健康经济学等研究。在《经济研究》《经济学(季刊)》《金融研究》《财经研究》、Journalof Comparative Economics、 Research Policy、 International Studies of Economics等中英文权威学术期刊上发表或接受发表论文多篇。曾获“上海市哲学社会科学研究成果奖一等奖”“洪银兴经济学奖”“全国财政理论研究成果奖”“International Studies of Eco-nomics 2022年度最佳论文奖”等奖项。主持国家自然科学基金青年项目、国家社科重大基金项目子课题、中国博士后科学基金委特别资助项目和面上项目等课题10余项。