| Abstract: |
Abstract This bachelor thesis analyses technical efficiency of general practitioners in the Czech Republic. It exploits unique dataset that comprises information about health care activ- ities of 107 general practitioners that operate in 79 different municipalities over the period 2015-2017. First, Principal Component Analysis was utilized to deal with high dimension- ality of medical outputs. Second, two stochastic frontier regression models were employed, one of which accounts for heterogeneity of the sample by including efficiency effects vari- ables. Even though both models estimate mean technical efficiency to be approximately 83 %, efficiency ranking of individual general practitioners differs across models. Included efficiency effects have statistically significant impact on technical efficiency. In particular, general practitioners situated in rural municipalities are less efficient, higher competition in a municipality discourages efficiency and general practitioners providing health care to adults are more efficient. 1 |
