Problems of Quantifying Public Goods in the Healthcare Sector
Oglądaj/ Otwórz
Data
2016Autor
Czyżewski, Bazyli
Polcyn, Jan
Hnatyszyn-Dzikowska, Anna
Metadane
Pokaż pełny rekordStreszczenie
A market system does not automatically lead to an optimum allocation of public
goods. Market-based exchange will always lead to a deficit of a public good compared with
the socially optimal level. We argue that public goods in each sector of the economy constitute
an isomorphic, socioeconomic system that is not a “black box.” Thus, in order to determine
the deficit of public goods, it is first necessary to investigate the available quantities
versus the quality of those goods, because their performance is not only a function of public
spending. There is no generally accepted methodology for doing this and there are no universal
methods for quantifying public goods. The aim of this work is to develop a universal
methodology for the quantification of public goods in ordinal categories, taking into account
both the amount and quality of a good and budgetary valuing. In the empirical part, the
authors identify various models (assets structures) of healthcare financing, using a set of
OECD countries as an example. The authors also investigate to what extent these models
influence the value of public goods in that sector. Composite measures have been computed
for both the amount and quality of public goods. Subsequently, an agglomerative cluster
analysis and a multifactorial analysis of variance are performed. Although the studied systems
are diverse and reflect different social choices, the analyses show that the effectiveness of
a healthcare system depends not only on the level of public financing, but also on its structure.
Kolekcje
- Artykuły / Articles [16126]