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KMID : 1170320130190040029
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Korean Journal of Health Economics and Policy
2013 Volume.19 No. 4 p.29 ~ p.51
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An analysis on the change of the productivity and technology gap of Koran general hospitals’ with bootstrap meta Malmquist indices
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Yang Dong-Hyun
Jang Young-Jae
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Abstract
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This study calculated meta Malmquist indices and their bootstrapped estimates and then decomposed them into technical efficiency change (TEC), technology change (TC), pure technology catch up (PTCU), frontier catch up (FCU), using annual data set of general hospitals from year 2007 to 2011 collected by Korean Hospita Association and then analyzed productivity change and technology gap of Korean general hospitals. The results and implications were as follows below. First, Senior general hospitals led other general hospitals since their meta technical efficiencies were higher than those of the others and technology gap ratio to the meta frontier was smaller than those of the others. Second, group productivity of small and medium general hospitals increased larger than Senior and large general hospitals due to the differences of PTCU and FCU. Finally, small and medium general hospitals had high potential to improve their efficiencies by sharing medical and managerial skills. This result implied Korean hospital industry could grow and develop in a balanced way by sharing and learning medical and managerial skills of Senior and large general hospitals.
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KEYWORD
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bootstrap meta Malmquist indices, technical efficiency, pure technology catch up, frontier catch up
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