Using flexible regression models for calculating hospital's production functions.
Francisco Reyes-SantíasOctavio Cordova-ArevaloElena Rivo-LopezPublished in: BMC health services research (2020)
Generalized Additive Models are more flexible than parametric models, providing a better fit in the presence of non-linear relationships and thus allowing more accurate prediction values. The results of this study suggest that AM is a promising technique for the areas of research and application in health economics.