2004-07-01
Specifying technical change: A research on the nature of technical change in Dutch hospital industry
Publication
Publication
Quarterly Review of Economics and Finance , Volume 44 - Issue 3 p. 448- 463
This paper studies the nature of technical change in Dutch hospitals. From the estimation of a cost function on data in the time period 1993-2000 we conclude that technical change is embodied (input biased) and non-scale augmenting. Technical change leads to an increasing use of medical personnel and material supplies at the expense of nursing personnel. Specifying technical change by a technology index allowing for a shock wise introduction of new technologies is to be preferred to the traditional time trends. Efficiency scores however are hardly affected by the choice of specification.
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doi.org/10.1016/j.qref.2004.05.007, hdl.handle.net/1765/62403 | |
Quarterly Review of Economics and Finance | |
Organisation | Erasmus MC: University Medical Center Rotterdam |
Blank, J., & Lansdorp-Vogelaar, I. (2004). Specifying technical change: A research on the nature of technical change in Dutch hospital industry. Quarterly Review of Economics and Finance, 44(3), 448–463. doi:10.1016/j.qref.2004.05.007 |