Measuring and Explaining Technical Efficiency of Greek Public hospitals
AbstractThis paper presents estimates of technical efficiency for Greek public hospitals using a non-neutral stochastic production frontier. In particular a translog production frontier is estimated for a panel data of 105 public hospitals over the period 1992-93. The estimated efficiency is found to be quite low, around 55%, and there is no great dispersion in efficiency scores. If we want to highlight the profile of inefficient public hospitals in Greece we can say that these are either the small or large units with a quite long treatment period.
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Bibliographic InfoPaper provided by Department of Economics, University of Macedonia in its series Discussion Paper Series with number 2007_04.
Date of creation: Dec 2007
Date of revision: Dec 2007
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Web page: http://www.uom.gr/index.php?tmima=3
Technical Efficiency; Stochastic Frontier Analysis; hospitals; Greece;
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- Miika Linna, 1998. "Measuring hospital cost efficiency with panel data models," Health Economics, John Wiley & Sons, Ltd., vol. 7(5), pages 415-427.
- Kodde, David A & Palm, Franz C, 1986. "Wald Criteria for Jointly Testing Equality and Inequality Restriction s," Econometrica, Econometric Society, vol. 54(5), pages 1243-48, September.
- H. Shelton Brown, 2003. "Managed care and technical efficiency," Health Economics, John Wiley & Sons, Ltd., vol. 12(2), pages 149-158.
- Battese, G E & Coelli, T J, 1995. "A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data," Empirical Economics, Springer, vol. 20(2), pages 325-32.
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