In model (1), the first-differenced year dummies representing 2009–2008 and 2010–2009 present negative signs, and the absolute values increase from 0.03 to 0.20, which means that the LoS for the elderly shows a decreasing trend over time for both the treatment and the control groups.
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Does long-term care insurance affect the length of stay in hospitals for the elderly in Korea?: a difference-in-difference method.
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