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countries for the period 1960-1995. Country-by-country and panel results based on the Johansen multivariate likelihood …-based inference and a new panel test for cointegration rank are presented. The empirical modelling is based on a bivariate vector …
Persistent link: https://www.econbiz.de/10005771158
This paper investigates the effects of different health systems on cost efficiency in inpatient health care among the OECD countries. The results indicate that public contract systems are less efficient and that public integrated health systems are more efficient than public reimbursement systems.
Persistent link: https://www.econbiz.de/10005771184
This paper proposes an approach to specify and estimate multiple input, multiple output production frontiers and technical efficiency using a stochastic ray frontier production model A possible model extension is to incorporate a technical efficiency effects model to allow estimation of the...
Persistent link: https://www.econbiz.de/10005423780
heterogeneous panel tests which indicate that both health expenditure and GDP are nonstationary and cointegrated around linear …
Persistent link: https://www.econbiz.de/10005423835
This paper presents a likelihood-based panel test of cointegrating rank in heterogeneous panel models based on the mean …
Persistent link: https://www.econbiz.de/10005649283
Swedish public hospital system. The analysis is carried out with a panel data set covering the total population of 26 Swedish …
Persistent link: https://www.econbiz.de/10005649481
We demonstrate that panel unit root tests can have high power when a small fraction of the series are stationary and …
Persistent link: https://www.econbiz.de/10005651508