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 & Economics Readings: Selected Papers from Asia-Pacific Conference on Economics & 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
—