IDEAS home Printed from https://ideas.repec.org/a/blg/reveco/v68y2016i5p139-148.html
   My bibliography  Save this article

Are The Romanian Healthcare Services Competitive On The International Market?

Author

Listed:
  • PENTESCU Alma

    (Lucian Blaga University of Sibiu)

  • CETINÄ‚ Iuliana

    (The Bucharest University of Economic Studies)

  • ORZAN Gheorghe

    (The Bucharest University of Economic Studies)

Abstract

Alongside low-cost travel, scientific and surgical developments, the disappointment with medical treatments at home, lack of access to healthcare at reasonable cost or in reasonable time, the rise of high quality healthcare in developing countries, greater mobility, as well as a growing demand for cosmetic surgery encouraged patient mobility. Thus, according to Patients Beyond Borders, medical tourism has been growing annually by 20%, and is worth up to 55 billion $. Countries such as Thailand, India, Singapore, Turkey, Germany, Hungary, Mexico and Costa Rica are some of the most popular destinations for medical tourists. In this context, using secondary data, the aim of this paper is to analyse if the Romanian healthcare services are competitive on the international market. Can Romania benefit from the medical tourism industry even though its' healthcare system faces serious problems on basic aspects?

Suggested Citation

  • PENTESCU Alma & CETINÄ‚ Iuliana & ORZAN Gheorghe, 2016. "Are The Romanian Healthcare Services Competitive On The International Market?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(5), pages 139-148, December.
  • Handle: RePEc:blg:reveco:v:68:y:2016:i:5:p:139-148
    as

    Download full text from publisher

    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/68512pentescu&cetina&orzan.pdf
    Download Restriction: no

    More about this item

    Keywords

    healthcare services; health tourism; medical tourism; healthcare trends; secondary data;

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:reveco:v:68:y:2016:i:5:p:139-148. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eduard Alexandru Stoica). General contact details of provider: http://edirc.repec.org/data/feulbro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.