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Healthcare and Welfare Policy Efficiency in 34 Developing Countries in Asia

Bibliographic Data

ID15469295
AuthorsYongchan Kim (0000-0002-3227-7077, Seoul School of Integrated Sciences and Technologies, corresponding author), Min Jae Park (0000-0003-4168-9804, Ajou University), Erdal Atukeren (0000-0001-7624-7294, Business School Lausanne)
Year2020
Volume17
Issue13
Pages4617-4617
Publication date2020-06-27
Open AccessYes
TypeARTICLE
VenueInternational Journal of Environmental Research and Public Health (JOURNAL)
Journal identifiersISSN: 1661-7827 • E-ISSN: 1660-4601
PublisherMultidisciplinary Digital Publishing Institute (PUBLISHER • CH)
DOI10.3390/ijerph17134617
PMID32604983
OpenAlexW3037943761
LanguageEN
Citations received1
References cited34

The healthcare and welfare policies of nations, as well as the amount of investments put into these areas, vary across countries. Investments in healthcare and welfare have been increasing worldwide which brings the question of assessing the efficiency of these investments. There are, however, difficulties in evaluating the effectiveness of such investments due to differences in countries' economic development levels and due to the differences in data definition issues. There are only a limited number of studies in the literature that employ consistent and comparable indicators across countries. This study evaluates the healthcare investment efficiency and health competitiveness efficiency of 34 developing countries in Asia using a two-stage dynamic data envelopment analysis approach. Furthermore, we employ a broader measure of indicators on national healthcare and welfare policies and outcomes, in addition to the investment data on healthcare and welfare expenditures. Our findings indicate that the establishment of an investment environment with a consolidated approach and management is an important factor that increases the efficiency of investments in healthcare and welfare sectors. A consistent delivery of the national policy strategy is also crucial for reaching the medium-and long-term targets for each country. For example, if a country establishes healthcare and welfare policies that focus on improving its indicators with low efficiencies, the output will be improved and a better return on investment will be ensured in a long-term perspective

Business · Data envelopment analysis · Developing country · Economic growth · Economics · Health care · Investment (military · Political science · Public economics · Welfare · Global Health Care Issues · Healthcare Policy and Management · Healthcare Systems and Reforms

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Citations per year0.17
Citation span2020 - 2020 (1)
Highly citedNo
Open DOIOpen Access
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