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KMID : 0613620170370040336
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Health Social Welfare Review
2017 Volume.37 No. 4 p.336 ~ p.369
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An Empirical Analysis of Efficiency of Regional Medical Resource
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Chang In-Su
Kwon Dae-Young
Kim H.-S.
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Abstract
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In order to propose a method to measure the performance of medical resources, this study empirically analyzed the impact of regional medical resource input on age standardized mortality rate through probability frontier analysis. If prior studies so far focused on the operational efficiency of institutions that use medical resources, this study focused on performance efficiency in the macro perspective. As is already well known, the probability frontier method measures the inefficiency of the analysis object in consideration of the error variation, overcoming the disadvantages of the existing data envelope analysis method. In our empirical analysis, we examined16 metropolitan cities and provinces in Korea for the period 2006-2013, and employed the panel stochastic frontier method and Malmquist Productivity Index Analysis by
putting the number of doctors, the number of specialists, the number of beds, the number of operations and the age standardized mortality rate. The result showed that all the medical resources allocated to each region decreased the age-standardized mortality rate. Regional inequality in medical resources distribution should be dealt with in depth from various perspectives. In this respect, the method of applying the stochastic frontier analysis to measure the performance of regional medical resources has the advantage that the inefficiency of each input element can be examined more in depth, and this study is meaningful in this respect.
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KEYWORD
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Stochastic Frontier Analysis, Malmquist Productivity Index, Age Standardized Mortality, Medical Resource, Panel data
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