ArticleJournal of research in pharmacy practice
Evaluation of productivity in Iranian pharmaceutical companies: A DEA-based Malmquist approach and panel data analysis.
Article in Journal of research in pharmacy practice. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 6 papers.
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Who cites it
6 citing papers in PubMed.
- A DEA-Based Decision Support Framework for Organizations' Performance Evaluation considering TQM and Knowledge Management.Journal of healthcare engineering · 2021Article
- Validation of Molecular Typing for Endometrial Screening Test That Predicts Benign and Malignant Lesions.Frontiers in oncology · 2019Article
- Policy Analysis Of Iranian Pharmaceutical Sector; A Qualitative Study.Risk management and healthcare policy · 2019Article
- An evaluation study of research efficiency of the Guangzhou institute of respiratory diseases based on malmquist index.Journal of thoracic disease · 2016Article
- Developing a patient satisfaction questionnaire for services provided in Iranian community pharmacies.Journal of research in pharmacy practiceArticle
- Evaluation of COVID-19 Treatments in Iran in Comparison with Local Therapeutic Recommendations: A Population-Level Study on Utilization and Costs of Prescription Drugs.Journal of research in pharmacy practiceArticle
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10 authors.
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Abstract
objectiveIn this study, we aimed to assess comparative productivity of 21 pharmaceutical companies in Iran during 2000-2013.
methodsTo evaluate the productivity trend of pharmaceutical companies in Iran, we used data envelopment analysis-based Malmquist index. "Total assets" and "capital stock" as inputs and "net sales" and "net profit" as outputs extracted from Tehran stock exchange, were selected to be included in the analysis. This method provides the possibility for analyzing the performance of each company in term of productivity changes over time. We also used an estimation generalized least square panel data model to identify the factors that might affect productivity of pharmaceutical companies in Iran using EViews 7 and Deep 2.1 software.
findingsThe mean total productivity during all years of the study was 0.9829, which indicates the improvement in their overall productivity. The results, over the 13-year period, indicated that the range of productivity changes in pharmaceutical companies, that were included in this study, was between 0.884 and 1.098. Panel data model indicated that age of company could positively (t = 4.765978, P < 0.001) and being located in cities other than Tehran (the capital) could negatively (t = -5.369549, P < 0.001) affect the productivity of pharmaceutical companies. The analysis showed the new policy (brand-generic scheme) and also the type of ownership did not have a significant effect on the productivity of pharmaceutical companies.
conclusionIn this study, pharmaceutical productivity trends were fluctuated that could be due to the sub-optimal attention of policy makers and managers of pharmaceutical companies toward long-term strategic planning, focusing on productivity improvement.
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