Measuring the Efficiency of Polish Municipalities – Data Envelopment Analysis Approach

Skica, Tomasz; Leśniowska-Gontarz, Małgorzata; Miszczyńska, Katarzyna

doi:10.2478/jeb-2019-0013

Cited by 6 publications

(4 citation statements)

References 30 publications

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“…Several studies confirm the link between socioeconomic determinants and health [ 28 ], suggesting that income is one of the most critical factors [ 1 ], [ 29 – 32 ], but in terms of the economic crisis, other factors also acquire significance [ 28 ], especially low income and job insecurity [ 21 ], [ 28 ], [ 33 – 35 ]. The labour market conditions force workers to be more active [ 36 ], and extended working hours may harm the population’s health collaterally [ 37 ].…”

Section: Introductionmentioning

confidence: 99%

An impact of economic slowdown on health. New evidence from 21 European countries

et al. 2022

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Background The economic slowdown affects the population's health. Based on a social gradient concept, we usually assume that this detrimental impact results from a lower social status, joblessness, or other related factors. Although many researchers dealt with the relationship between economy and health, the findings are still inconsistent, primarily related to unemployment. This study reinvestigates a relationship between the economy's condition and health by decomposing it into macroeconomic indicators. Methods We use data for 21 European countries to estimate the panel models, covering the years 1995–2019. Dependent variables describe population health (objective measures – life expectancy for a newborn and 65 years old, healthy life expectancy, separately for male and female). The explanatory variables primarily represent GDP and other variables describing the public finance and health sectors. Results (1) the level of economic activity affects the population’s health – GDP stimulates the life expectancies positively; this finding is strongly statistically significant; (2) the unemployment rate also positively affects health; hence, increasing the unemployment rate is linked to better health – this effect is relatively short-term. Conclusions Social benefits or budgetary imbalance may play a protective role during an economic downturn.

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Section: Introductionmentioning

confidence: 99%

An impact of economic slowdown on health. New evidence from 21 European countries

et al. 2022

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“…Within the CRS scale, the dimensions of output are considered to change in proportion to variations in input quantities (Barpanda & Sreekumar, 2020). This particular model orientation enables us to assess whether a Decision-Making Unit (DMU) has the potential to enhance its outputs while maintaining the inputs at a constant level, as discussed by Skica et al (2019). The core equations that define the CRS output-oriented model are provided below:…”

Section: Methodsmentioning

confidence: 99%

Healthcare System Efficiency and Its Drivers in Pre- And Covid-19 Pandemic Settings

Vishniakov,

Kasiev,

Abdrasulova

2023

Business, Management and Economics Engineering

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Purpose – The aim of the study is to assess healthcare system efficiency in both regular circumstances and during the COVID-19 pandemic, with a focus on key factors influencing efficiency, and offer health authorities insights into healthcare system resilience. Research methodology – The analysis was conducted in two stages. The initial stage involved the application of Data Envelopment Analysis output-oriented model with a constant-returnto-scale framework. The second stage employed Tobit regression method to identify factors that influenced countries’ efficiency. Findings – We identified the healthcare system efficiency of 14 CIS and EU countries in Pre and pandemic settings and provided a methodology for results interpretation accounting for the complexity of healthcare systems and temporal variations in pandemic trends. The Tobit regression highlighted the role of the health workforce, emphasizing the caution for the reduction of physicians in the system. Research limitations – The research focused on efficiency in just two regions of Eurasia and only considered medical factors as the primary drivers of efficiency. Additionally, the examination covered the initial year of the pandemic, reflecting only the earlier stages of countries’ performance during the pandemic. Practical implications – This study contributes to the assessment of healthcare resilience on a global scale and provides information for policymakers, aiding in the selection of optimal practices during the pandemic and enhancing preparedness for future crises. Originality/Value – Countries’ efficiency assessment in four models and two settings provides valuable insight into the healthcare systems’ resilience.

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“…This assumption is used to assess pure technical efficiency, focusing on how well a DMU utilises its resources to produce outputs. In an output-oriented DEA model, the goal is to assess the efficiency of DMUs in producing as many outputs as possible, given their input levels (Skica et al, 2019). This means that DMUs are evaluated based on their ability to maximise output production while holding their inputs constant.…”

Section: Methodsmentioning

confidence: 99%

Sustainable Metamorphosis: Examining Sustainability Transformation Into Value of Financial Institutions

Lapinskaitė,

Skvarciany

2023

Journal of Business Economics and Management

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The relevance of sustainable development in the financial institution and its value is significant in today’s financial landscape. This research aims to evaluate the efficiency of converting sustainable development outcomes, quantified through ESG, into a financial institution’s valuation, measured by the P/E ratio. In order to reach the aim, the DEA method was applied. The results reveal that only one financial institution has an efficiency score of 1, signifying a notable efficiency level. Most financial institutions in the dataset possess efficiency scores (represented by theta) below 0.1, indicating a relative inefficiency in converting their E, S, and G scores into P/E ratios. The results reveal that high E, S, and G scores do not result in higher P/E ratios. It might be advisable to diversify investments across different financial institutions with diverse ESG profiles to mitigate risk and optimise returns. These potential research perspectives offer opportunities for a more profound understanding of the connection between ESG factors and the valuation of financial institutions. They allow for an examination of the quality and transparency of ESG reporting, considering the specific internal factors relevant to international financial institutions, as ESG continues to gain recognition as an integral component of a company’s intangible assets.

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Measuring the Efficiency of Polish Municipalities – Data Envelopment Analysis Approach

Cited by 6 publications

References 30 publications

An impact of economic slowdown on health. New evidence from 21 European countries

An impact of economic slowdown on health. New evidence from 21 European countries

Healthcare System Efficiency and Its Drivers in Pre- And Covid-19 Pandemic Settings

Sustainable Metamorphosis: Examining Sustainability Transformation Into Value of Financial Institutions

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