Econometric analysis of macroeconomic efficiency development in the EU15 and EU12 countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86086471" target="_blank" >RIV/61989100:27510/13:86086471 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Econometric analysis of macroeconomic efficiency development in the EU15 and EU12 countries

Original language description

The paper evaluates the macroeconomic efficiency development in the countries of the European Union by the Data Development Analysis (DEA). The aim of the paper is to measure and assess the efficiency potential of the ?old? (EU15) and ?new? EU countries(EU12) in 2000-2011. The DEA method is convenient because it is based on the ratio between input- and output-indicators thus measuring the efficiency with which the EU countries transform their inputs into outputs. DEA conveniently analyses effective/ineffective positions of each country providing numerical values describing the efficiency of economic processes in these countries. Efficiency can be thus considered as a ?source? of competitiveness. When applying the DEA method, the indicators of the Country Competitiveness Index (CCI) are used. The following econometric development analysis of the macroeconomic efficiency is undertaken with the help of the dynamic panel model with fixed effects estimated by the pooled least squares metho

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AH - Economics

OECD FORD branch

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Project

<a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Publication year

2013

Confidentiality

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

Article name in the collection

Liberec Economic Forum 2013 : proceedings of the 11th international conference : 16th-17th September, Sychrov, Czech Republic, EU

ISBN

978-80-7372-953-0

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

166-175

Publisher name

Technical University of Liberec

Place of publication

Liberec

Event location

Sychrov

Event date

Sep 16, 2013

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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