Forecasts on the Evolution of Human Resources in the Health System in Romania Using the Arima Method

Mirescu Lucian and Popescu Liviu
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Mirescu Lucian: PhD student, University of Craiova, Faculty of Economics and Business Administration, Craiova, Romania
Popescu Liviu: Professor PhD, University of Craiova, Faculty of Economics and Business Administration, Craiova, Romania

Timisoara Journal of Economics and Business, 2024, vol. 17, issue 1, 65-112

Abstract: In this paper, forecasts are made regarding the number of employees in the public and private health sector in Romania for different professional categories such as: physicians, dentists, pharmacists, family physicians, medical assistants, auxiliary personnel. Using the Dickey-Fuller test, it was initially checked whether the time series were stationary and if not, the first or second difference was applied to make them stationary. Using the autoregressive integrated moving average (ARIMA) method with the stages of identification, estimation, diagnosis and prediction, the forecasts for the period 2023-2025 together with the associated confidence intervals were determined, using data provided by the National Institute of Statistics. Regarding the public sector health personnel, a decrease is expected, in general, for the period 2024-2025. Instead, the private sector continues its previous trend of constant growth in the number of employees. Thus, authorities can use these forecasts to adjust strategies for training and recruiting medical personnel according to the estimated need. Forecasts are an essential tool to ensure the balance between demand and supply in the health sector, thus contributing to the improvement of medical services and the long-term sustainability of the health system.

Keywords: Forecast; Health system; Human resources; ARIMA method (search for similar items in EconPapers)
JEL-codes: C32 C53 I18 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:timjeb:v:17:y:2024:i:1:p:65-112:n:1004

DOI: 10.2478/tjeb-2024-0004

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