centre for health economics towards panel data specifications of efficiency measures english acute hospitals neil söderlund rowena jacobs discussion paper 185 june 2001 table contents abstract 1 introduction 2 methods 3 the derivation cost indices 4 modelling options 7 results 12 model models and 14 5 6 scores 15 conclusions policy implications future research 17 references 19 appendices 22 appendix 23 explanatory variables functional form parameter estimates from regressions to 10 descriptive statistics 16 spearman rank correlation coefficients figure option tree dispersion cci around mean one with outliers 8 this reports work undertaken department explore different approaches measuring hospital emphasis throughout is on developing adjusted