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Analysis of Manpower Mismatch and Social Sunk Costs in Essential Medical Specialties: Implications for Medical School Quota Expansion Policy

2026-01-01 health policy Title + abstract only
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BackgroundThis study argues that the crisis in South Korean essential medicine stems from "allocation failure" driven by economic and legal disincentives, rather than an absolute shortage. We evaluate the efficacy of the medical school quota expansion policy by analyzing workforce mismatch in the "Vital 5" specialties. (Internal Medicine, General Surgery, Obstetrics & Gynecology, Pediatrics, and Cardiothoracic Surgery). MethodsWe developed two quantitative models: (1) a Social Sunk Cost model t...

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