Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/29917 
Year of Publication: 
2009
Series/Report no.: 
Ruhr Economic Papers No. 132
Publisher: 
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen
Abstract: 
This paper investigates cost and profit efficiency of German hospitals. More specifically, it deals with the question how hospital efficiency varies with ownership, patient structure,and other exogenous factors, which are neither inputs nor outputs of the production process. We conduct a Stochastic Frontier Analysis (SFA) on a multifaceted administrative German dataset combined with the balance sheets of 374 hospitals for the years 2002 to 2005.The results indicate that private (for-profit) and (private) non-profit hospitals are on average less cost efficient but more profit efficient than publicly owned hospitals.
Subjects: 
Hospital efficiency
ownership
stochastic frontier analysis
profit function
JEL: 
C13
I11
L33
ISBN: 
978-3-86788-146-3
Document Type: 
Working Paper

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