Regionally regulated fees and firms’ location choices: Evidence from the Japanese Public Long-term Care Insurance Scheme

Key Points

• Location choices of firms are significantly influenced by regionally regulated fees.
• The analysis indicates a strong correlation between fee structures and the distribution of long-term care services.
• Data from Japan's Public Long-term Care Insurance Scheme supports the observed trends across various regions.
• This work highlights potential implications for public policy and regional planning in the long-term care industry.