Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)

Abstract

Beds in Health Facilities in the Italian Regions: A Socio-Economic Approach

Author(s): Angelo Leogrande, Alberto Costantiello, Domenico Leogrande, Fabio Anobile

In this article, we consider the determinants of the beds in healthcare facilities-BEDS in the Italian regions between 2004 and 2022. We use the ISTAT-BES database. We use different econometric techniques i.e.: Panel Data with Fixed Effects, Panel Data with Random Effects, Pooled Ordinary Least Squares-OLS, Weighted Least Squares-WLS, and Dynamic Panel at 1 Stage. The results show that the level of BEDS is positively associated, among others, to "General Doctors with a Number of Clients over the Threshold" and "Life Satisfaction", and negatively associated among others, to "Trust in Parties" and "Positive Judgment on Future Prospects". Furthermore, we apply a clusterization with the k-Means algorithm optimized with the Silhouette Coefficient and we find the presence of two clusters in terms of BEDS. Finally, we make a confrontation among eight machine-learning algorithms and we find that the best predictor is the ANN-Artificial Neural Network

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