Possible factors influencing the development of the number of pharmacists in China: A time series VAR model analysis from the perspective of supply and demand theory | Health Decision

Possible factors influencing the development of the number of pharmacists in China: A time series VAR model analysis from the perspective of supply and demand theory

Authors

  • Wei Guo
  • Han Zhang
  • Yanquan Lin
  • Gang Wu
  • Wei Li
  • Peng Zhang
  • Wan Tang
  • Hongdou Chen

DOI:

https://doi.org/10.54844/hd.2024.0004

Keywords:

number of pharmacists, vector auto-regressive model, number of consultations, per capita health costs, GDP per capita

Abstract

Objective: The supply and demand theory is used as a perspective to analyze the impact and prediction of factors such as

the number of consultations in medical institutions on the number of hospital pharmacists in China.

Methods: A total of 21 years of time-series data on the number of pharmacists, doctors and nurses in China’s hospitals, the

number of consultations, the per capita health cost and the per capita GDP were collected from 2002 to 2022, and a vector

auto-regressive model influencing the number of pharmacists in China was established to analyze the dynamic process of the

influence of the number of consultations, the per capita health cost and the per capita GDP on the number of pharmacists and

the direction of the influence in China.

Results: There is a unidirectional Granger causality and long-term cointegration relationship between the number of consultations

and the number of pharmacists, and the number of consultations will have a greater impact on the number of pharmacists in the

long run and will be more stable in the later period; there is also a unidirectional Granger causality and long-term cointegration

relationship between the per capita health cost and the number of pharmacists, and the per capita health cost will have a greater

impact on the number of pharmacists in the short run.

Conclusion: The rise in the number of pharmacists will occur along with increases in the number of visits, health costs per

capita, and GDP per capita, with health costs per capita having a greater impact on the number of pharmacists in the short

term, and visits and GDP per capita having a greater impact on the number of pharmacists in the long term and being more

stable in the later years.

Key words: number of pharmacists, vector auto-regressive model, number of consultations, per capita health costs, GDP

per capita

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Published

2024-07-12

How to Cite

1.
Guo W, Zhang H, Lin Y, Wu G, Li W, Zhang P, Tang W, Chen H. Possible factors influencing the development of the number of pharmacists in China: A time series VAR model analysis from the perspective of supply and demand theory. Health Decision. 2024;2(S1). doi:10.54844/hd.2024.0004

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ABSTRACT

Possible factors influencing the development of the number of pharmacists in China: A time series VAR model analysis from the perspective of supply and demand theory


Wei Guo1,2,3, Han Zhang1,2,3, Yanquan Lin1,2,3, Gang Wu1,2, Wei Li1,2, Peng Zhang1,2, Wan Tang1,2, Hongdou Chen1,2*

1Pharmacy, Affiliated Suqian Hospital of Xuzhou Medical University, Suqian, Jiangsu Province, China

2Pharmacy, Suqian Hospital of Nanjing Drum-Tower Hospital Group, Suqian, Jiangsu Province, China

3Pharmacy, Xuzhou Medical University, Xuzhou, Jiangsu Province, China


*Corresponding Author:

Hongdou Chen, E-mail: chenhongdou2000@aliyun.com; Wan Tang, E-mail: tangwan0610@163.com


Received: 15 June 2024 Published: 15 July 2024


ABSTRACT

Objective: The supply and demand theory is used as a perspective to analyze the impact and prediction of factors such as the number of consultations in medical institutions on the number of hospital pharmacists in China.

Methods: A total of 21 years of time-series data on the number of pharmacists, doctors and nurses in China’s hospitals, the number of consultations, the per capita health cost and the per capita GDP were collected from 2002 to 2022, and a vector auto-regressive model influencing the number of pharmacists in China was established to analyze the dynamic process of the influence of the number of consultations, the per capita health cost and the per capita GDP on the number of pharmacists and the direction of the influence in China.

Results: There is a unidirectional Granger causality and long-term cointegration relationship between the number of consultations and the number of pharmacists, and the number of consultations will have a greater impact on the number of pharmacists in the long run and will be more stable in the later period; there is also a unidirectional Granger causality and long-term cointegration relationship between the per capita health cost and the number of pharmacists, and the per capita health cost will have a greater impact on the number of pharmacists in the short run.

Conclusion: The rise in the number of pharmacists will occur along with increases in the number of visits, health costs per capita, and GDP per capita, with health costs per capita having a greater impact on the number of pharmacists in the short term, and visits and GDP per capita having a greater impact on the number of pharmacists in the long term and being more stable in the later years.

Key words: number of pharmacists, vector auto-regressive model, number of consultations, per capita health costs, GDP per capita