TOTAL FACTOR PRODUCTIVITY CHANGE OF LONG-TERM CARE SYSTEM IN SELECTED OECD COUNTRIES

The population is ageing, which has many social and economic implications, one of them an increase in demand for institutional long-term care the elderly. Therefore, aim this paper to analyse change detect whether there are differences between twelve selected OECD countries period 2014-2019 regard values total factor productivity system aged 65 over these countries. Malmquist – DEA performance measure, under assumption variable returns scale (BCC model) by using input-oriented model, been used obtain patterns change. number workers beds residential facilities as input variables, while recipients output variable. According obtained results, increased 1.023% analysed period. mainly a consequence 1.018% technical efficiency, emphasises managerial relative efficiency. Results Turkey indicate highest increase, accompanied both rise efficiency technological Additionally, that reflects catch-up effect modest change, indicating lack innovation altogether, resulted average 1.02%