Occupational licensing creates a regulatory barrier to entry into licensed occupations, and thus results in higher income for those with permission to work. The empirical literature indicates that licensing generally restricts supply, and raises wages along with prices in health care professions. Unfortunately, there is no evidence that licensing improves the quality of care.
|Title of host publication
|Encyclopedia of Health Economics
|Number of pages
|Published - Jan 1 2014
- Occupational licensing
- Regulation of the health occupations