Halkos, George and Tzeremes, Nickolaos (2005): Measuring trade efficiency.
Download (194kB) | Preview
In this paper we use the Data Envelopment Analysis (DEA) window method to compare trade efficiency for 16 OECD countries and for the time period 1996–2000. From the analysis we obtained the efficiency scores and the optimal output levels for inefficient countries for all years under consideration. Results drawn from the broadly used ratio analysis were also compared to those derived from the DEA model. It seems that trade efficient countries have clear characteristics. These are the low exchange rates for exports, low R&D intensity, high value intra industry trade, and with positive effect of trade on their GDP.
|Item Type:||MPRA Paper|
|Original Title:||Measuring trade efficiency|
|Keywords:||DEA, development, OECD countries, trade efficiency, window analysis|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General
F - International Economics > F1 - Trade > F10 - General
C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C60 - General
|Depositing User:||Nickolaos Tzeremes|
|Date Deposited:||10. Jul 2010 01:20|
|Last Modified:||14. Feb 2013 14:57|
Asmild, M., Paradi, C., V., Aggarwall, V. and Schaffnit, C. (2004) ‘Combining DEA Window Analysis with the Malmquist Index Approach in a Study of the Canadian Banking Industry’, Journal of Productivity Analysis 21, 67-89.
Blake, D. (1993) A short course of Economics, McGraw Hill. Charnes, A., W., W., Cooper and E., Rhodes (1978) ‘Measuring the Efficiency of Decision Making Units’, European Journal of Operational Research 2, 429-444.
Charnes, A., Clark, C.T., Cooper, W.W. and Golany, B. (1985) ‘A Developmental Study of Data Envelopment Analysis in Measuring the Efficiency of Maintenance Units in the U.S. Air Forces’, Annals of Operations Research 2, 95-112.
Charnes, A., Cooper, W.W. and Seiford, L.M. (1994) ‘Extension to DEA Models’, in: A. Charnes,W. W. Cooper, A. Y. Lewin and L. M. Seiford (eds.), Data Envelopment Analysis: Theory, Methodology and Applications, Kluwer Academic Publishers.
Coelli, T., Prasada Rao, D.S. and Battesse, E.G. (2001) An introduction to Efficiency and Productivity Analysis, Kluwer Academic Publishers.
Halkos, G.E. and Salamouris, D.S. (2004) ‘Efficiency measurement of the Greek commercial banks with the use of financial ratios: a data envelopment analysis approach’, Management Accounting Research 15, 201-204.
Thanasoulis, E. (2001) Introduction to the theory and application of data envelopment analysis, Kluwer Academic Publishers.