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Effectiveness of Selected Knowledge-Based Determinants in Macroeconomics Development of EU 28 Economies

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F18%3A39910896" target="_blank" >RIV/00216275:25410/18:39910896 - isvavai.cz</a>

  • Result on the web

    <a href="https://link.springer.com/chapter/10.1007/978-981-10-8147-7_5" target="_blank" >https://link.springer.com/chapter/10.1007/978-981-10-8147-7_5</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1007/978-981-10-8147-7_5" target="_blank" >10.1007/978-981-10-8147-7_5</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Effectiveness of Selected Knowledge-Based Determinants in Macroeconomics Development of EU 28 Economies

  • Original language description

    The stage of development of knowledge-based economy depends not only on the effectiveness of the innovation system but on the effectiveness of economic and institutional regime, education of population and information and communication technology. The aim of this paper is to determine which of the selected determinants of the knowledge-based economy provide the intended macroeconomic effects. The measurement of the effectiveness is performed by data envelopment analysis. In the case of inefficient determinants, DEA enables to detect how such a determinant should be regulated or modified to become more effective. We employed DEA models and analysed the effectiveness of inputs involved in the macroeconomic processes. We used data from Eurostat for EU28 countries in the years 2011 – 2015. The results show that minority of EU countries were efficient and that these countries were at different levels of knowledge economy. The implications can be generalized for several types of knowledge-based economies.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50601 - Political science

Result continuities

  • Project

    <a href="/en/project/GA17-11795S" target="_blank" >GA17-11795S: Modeling the Dynamics and Determinants of National and Regional Productivity Based on Knowledge and Cooperative Effects</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Finance &amp; Economics Readings: Selected Papers from Asia-Pacific Conference on Economics &amp; Finance, 2017

  • ISBN

    978-981-10-8146-0

  • ISSN

  • e-ISSN

    neuvedeno

  • Number of pages

    15

  • Pages from-to

    69-83

  • Publisher name

    Springer

  • Place of publication

    Singapur

  • Event location

    Singapur

  • Event date

    Jul 27, 2017

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article