Use of DEA approach to measuring efficiency trend in old EU member states
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Date
2013-08
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Technická Univerzita v Liberci
Technical university of Liberec, Czech Republic
Technical university of Liberec, Czech Republic
Abstract
The paper deals with measuring and evaluation of efficiency trend in the “old” European Union (EU) countries (EU15) by Data Envelopment Analysis (DEA) approach. The aim of the paper is to measure and assess efficiency potential of old EU countries (EU15) in reference years 2000-2011 by advanced DEA approach – the Malmquist index. The main purpose of used DEA approach is to measure efficiency changes over the reference period and to analyse a level of productivity in individual EU countries based on the Malmquist index, and then to classify the old EU Member States to homogeneous units (clusters) according to efficiency results based on the Cluster analysis. Using of DEA approach for efficiency evaluation is convenient because DEA method is based on ratio between input- and output-indicators and measures thus efficiency with old EU countries are able to transform their inputs into outputs. Efficiency can be thus considered as a 'sourceof competitiveness. The first part is focused on theoretical background of efficiency in the context of effectiveness and advanced DEA method. Application part is concentrated on evaluation of EU15 countries efficiency in the frame of the Malmquist index for efficiency measuring and the Cluster analysis for jurisdiction of evaluated countries. Each country is ranked in terms of their competitive/uncompetitive position within the group of EU15 countries. Based on efficiency results, the comparison of competitiveness based on the efficiency level of countries is included.
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Subject(s)
cluster analysis, DEA approach, efficiency/inefficiency, Malmquist index, old EU member states
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978-80-7372-953-0