Measuring and Explaining Technical Efficiency of Greek Public hospitals
This 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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- 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 325-332.
- Miika Linna, 1998. "Measuring hospital cost efficiency with panel data models," Health Economics, John Wiley & Sons, Ltd., vol. 7(5), pages 415-427.
- H. Shelton Brown, 2003. "Managed care and technical efficiency," Health Economics, John Wiley & Sons, Ltd., vol. 12(2), pages 149-158.
- Kodde, David A & Palm, Franz C, 1986. "Wald Criteria for Jointly Testing Equality and Inequality Restriction s," Econometrica, Econometric Society, vol. 54(5), pages 1243-1248, September.
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