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Measuring and Explaining Technical Efficiency of Greek Public hospitals

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Abstract

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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  • Roxani Karagiannis & Michalis Hatziprokopiou, 2007. "Measuring and Explaining Technical Efficiency of Greek Public hospitals," Discussion Paper Series 2007_04, Department of Economics, University of Macedonia, revised Dec 2007.
    • Handle: RePEc:mcd:mcddps:2007_04
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    1. George Battese & Sumiter Broca, 1997. "Functional Forms of Stochastic Frontier Production Functions and Models for Technical Inefficiency Effects: A Comparative Study for Wheat Farmers in Pakistan," Journal of Productivity Analysis, Springer, vol. 8(4), pages 395-414, November.
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    3. H. Shelton Brown, 2003. "Managed care and technical efficiency," Health Economics, John Wiley & Sons, Ltd., vol. 12(2), pages 149-158, February.
    4. 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.
    5. 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.
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