IDEAS home Printed from https://ideas.repec.org/a/avo/emipdu/v32y2023i1p3-18.html
   My bibliography  Save this article

Total Factor Productivity Change Of Long-Term Care System In Selected Oecd Countries

Author

Listed:
  • Lana Kordic

    (University of Split, Faculty of Economics, Business and Tourism)

  • Josipa Visic

    (University of Split, Faculty of Economics, Business and Tourism)

Abstract

The population is ageing, which has many social and economic implications, and one of them is an increase in demand for institutional long-term care for the elderly. Therefore, the aim of this paper is to analyse the change and to detect whether there are differences between twelve selected OECD countries in the period 2014-2019 in regard to the values of total factor productivity of long-term care system for the population aged 65 and over these countries. The Malmquist – DEA performance measure, under the assumption of the variable returns to scale (BCC model) and by using the input-oriented model, has been used to obtain the patterns of productivity change. The number of long-term workers and the number of beds in residential long-term care facilities are selected as input variables, while the number of long-term care recipients has been used as an output variable. According to obtained results, the total factor productivity in selected OECD countries increased by 1.023% in the analysed period. The increase is mainly a consequence of a 1.018% increase in technical efficiency, which emphasises an increase in managerial relative efficiency. Results obtained for Turkey indicate the highest productivity increase, accompanied by both a rise in technical efficiency and in technological change. Additionally, an increase in technical change that reflects a catch-up effect and a modest increase in technological change, indicating a lack of innovation altogether, resulted in an average productivity increase of 1.02% over the analysed period.

Suggested Citation

  • Lana Kordic & Josipa Visic, 2023. "Total Factor Productivity Change Of Long-Term Care System In Selected Oecd Countries," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 32(1), pages 3-18, june.
    • Handle: RePEc:avo:emipdu:v:32:y:2023:i:1:p:3-18
    DOI: 10.17818/EMIP/2023/1.1
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/index.php/clanak/437731
    Download Restriction: no
    File URL: https://libkey.io/10.17818/EMIP/2023/1.1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Joan COSTA‐FONT & Christophe Courbage & Katherine Swartz, 2015. "Financing Long‐Term Care: Ex Ante, Ex Post or Both?," Health Economics, John Wiley & Sons, Ltd., vol. 24(S1), pages 45-57, March.
    2. Joan COSTA‐FONT & Christophe Courbage & Katherine Swartz, 2015. "Financing Long‐Term Care: Ex Ante, Ex Post or Both?," Health Economics, John Wiley & Sons, Ltd., vol. 24(S1), pages 45-57, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guangbo Ma & Kun Xu, 2022. "Value-Based Health Care: Long-Term Care Insurance for Out-of-Pocket Medical Expenses and Self-Rated Health," IJERPH, MDPI, vol. 20(1), pages 1-20, December.
    2. Bonsang, Eric & Costa-Font, Joan, 2020. "Behavioral regularities in old age planning," Journal of Economic Behavior & Organization, Elsevier, vol. 173(C), pages 297-300.
    3. Longobardo, Luz María Peña & Rodríguez-Sánchez, Beatriz & Oliva, Juan, 2023. "Does becoming an informal caregiver make your health worse? A longitudinal analysis across Europe," Economics & Human Biology, Elsevier, vol. 50(C).
    4. Claudine de Meijer & Pieter Bakx & Eddy van Doorslaer & Marc Koopmanschap, 2015. "Explaining Declining Rates of Institutional LTC Use in the Netherlands: A Decomposition Approach," Health Economics, John Wiley & Sons, Ltd., vol. 24(S1), pages 18-31, March.
    5. Joan Costa‐Font & Christophe Courbage, 2015. "Crowding Out of Long‐Term Care Insurance: Evidence from European Expectations Data," Health Economics, John Wiley & Sons, Ltd., vol. 24(S1), pages 74-88, March.
    6. Ozbugday, Fatih Cemil & Tirgil, Abdullah & Kose, Elif Gul, 2020. "Efficiency changes in long-term care in OECD countries: A non-parametric Malmquist Index approach," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    7. Mohamed Ismail & Shereen Hussein, 2021. "An Evidence Review of Ageing, Long-Term Care Provision and Funding Mechanisms in Turkey: Using Existing Evidence to Estimate Long-Term Care Cost," Sustainability, MDPI, vol. 13(11), pages 1-16, June.
    8. -, 2022. "Financing care systems and policies in Latin America and the Caribbean: Contributions for a sustainable recovery with gender equality," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 48382 edited by Eclac.
    9. Matus-López, Mauricio, 2020. "Un sistema de atención a la dependencia para Chile. Apuntes desde la experiencia española [A long-term care system for Chile. Lessons from the experience of Spain]," MPRA Paper 105709, University Library of Munich, Germany.
    10. de Bresser, Jochem & Knoef, Marike & van Ooijen, Raun, 2022. "Preferences for in-kind and in-cash home care insurance," Journal of Health Economics, Elsevier, vol. 84(C).
    11. Rapp, Thomas & Jena, Anupam B. & Costa-Font, Joan & Grabowski, David C., 2023. "Caregiving across generations: Do older adults with more grandchildren get another bite at the “sandwich” generation?," Social Science & Medicine, Elsevier, vol. 334(C).
    12. He, Alex Jingwei & Qian, Jiwei & Chan, Wai-sum & Chou, Kee-lee, 2021. "Preferences for private long-term care insurance products in a super-ageing society: A discrete choice experiment in Hong Kong," Social Science & Medicine, Elsevier, vol. 270(C).
    13. repec:bla:glopol:v:8:y:2017:i:s2:p:38-45 is not listed on IDEAS
    14. Joan Costa-i-Font & Sergi Jimenez-Martin & Cristina Vilaplana, 2016. "Does Long-Term Care Subsidisation Reduce Hospital Admissions?," CESifo Working Paper Series 6078, CESifo.
    15. Costa-Font, Joan & Jiménez-Martín, Sergi & Vilaplana-Prieto, Cristina, 2022. "Do Public Caregiving Subsidies and Supports affect the Provision of Care and Transfers?," Journal of Health Economics, Elsevier, vol. 84(C).
    16. Panos Kanavos & Olivier Wouters & Joan Costa-Font & Christophe Courbage & Peter Zweifel, 2017. "Policy Dilemmas in Financing Long-term Care in Europe," Global Policy, London School of Economics and Political Science, vol. 8, pages 38-45, March.
    17. Philippe De Donder & Marie-Louise Leroux, 2015. "The Political Economy of (in)formal Long Term Care Transfers," Cahiers de recherche 1508, Chaire de recherche Industrielle Alliance sur les enjeux économiques des changements démographiques.
    18. Costa-Font, Joan & Jimenez-Martin, Sergi & Vilaplana, Cristina, 2018. "Does long-term care subsidization reduce hospital admissions and utilization?," Journal of Health Economics, Elsevier, vol. 58(C), pages 43-66.
    19. Philippe Donder & Marie-Louise Leroux, 2017. "The political choice of social long term care transfers when family gives time and money," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 49(3), pages 755-786, December.
    20. Bergquist, Savannah & Costa-Font, Joan & Swartz, Katherine, 2018. "Long-term care partnerships: Are they fit for purpose?," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 151-158.
    21. Joan Costa-Font & Martin Karlsson & Henning Øien, 2015. "Informal Care and the Great Recession," CINCH Working Paper Series 1502, Universitaet Duisburg-Essen, Competent in Competition and Health, revised Feb 2015.

    More about this item

    Keywords

    long-term care; OECD countries; DEA model; Malmquist index; panel data;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:avo:emipdu:v:32:y:2023:i:1:p:3-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nebojsa Stojcic (email available below). General contact details of provider: https://edirc.repec.org/data/oedubhr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.