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Assessment of the Efficiency of Public Hospitals in Romania
In: Scientific annals of economics and business, Band 70, Heft 4, S. 567-583
ISSN: 2501-3165
Considering the high pressure on the healthcare limited resources, mainly on hospitals, determined by the population ageing, and the increased incidence of chronic and infectious diseases, it is essential to both decrease expenditures and provide good quality healthcare. In this paper we focus on the efficiency of Romanian public hospitals. Our research goals are to identify and examine the inefficient public hospitals in Romania; to determine sources of inefficiency in Romanian public hospitals; to describe a potential reduction in all inputs on average to rationalize hospital resources; and recommend that hospital management be improved. We propose an approach that contains preliminary data analyses to obtain homogeneous distributions, then we use Data Envelopment Analysis to estimate the technical efficiency scores for the hospitals in the sample. The results showed that more than half of the examined small hospitals were technically inefficient and that they could have produced a larger number of discharges and consequently an increased number of inpatient days. Possible reductions in inputs were also indicated. These results suggest ways of improving hospital management and restructuring and reorganizing decisions that can be implemented in the hospital network.
Assessment of Economic Growth in Romania. Is it a Sustainable One?
In: European Journal of Sustainable Development: EJSD, Band 9, Heft 3, S. 513
ISSN: 2239-6101
Sustainable economic growth assumes interdependencies among social, economic, and environmental dimensions of growth. For Romania, in particular, the sustainable economic growth is both a challenge and an opportunity for prosperity. This paper aims at assessing the sustainability of economic growth in Romania in the period 1995-2019 by identifying the social, economic, environmental, and institutional drivers of the process of economic growth. Multivariate time-series analysis was used to analyse if the Romanian economic growth in the period 1995-2019 is sustainable. We also estimated the GDP per capita growth rate based on the determinants with which we found significant relationships.
Keywords: sustainable economic growth; Romania, GDP per capita growth rate; socio-economic, environmental, and institutional factors; multivariate time-series analysis; multiple regression model
Identifying and Explaining the Efficiency of the Public Health Systems in European Countries
In: Analele ştiinţifice ale Univerşităţii Alexandru Ioan Cuza din Iaşi: Annals of the "Alexandru Ioan Cuza" University of Iasi. Ştiinţe economice = Economic Sciences Section, Band 62, Heft 3, S. 357-368
ISSN: 2068-8717
Abstract
The purpose of this study was to identify the efficient European healthcare systems. The study differs from other similar researches in that it uses different variables in assessing the efficiency of the healthcare systems, and also in that it uses a two-stage approach in the analysis.
In order to identify the efficient healthcare systems, we used a non-parametric method, Data Envelopment Analysis, which allows the evaluation of the countries against an efficiency frontier. Furthermore, we explain the efficiency by analysing several factors which influence the efficiency of the healthcare systems, using the censored regression analysis.
The findings indicate that there are significant efficiency disparities both among the developed states and among the developing ones. Finally, we suggest several directions for the public policy, in order to increase the efficiency of the public healthcare systems in the European countries.