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|Title:||Dynamic analysis of the efficiency of research and development systems of South-European countries|
|Authors:||Mimović, Predrag |
Jakšić, Milena M.
|Journal:||Yugoslav Journal of Operations Research|
|Abstract:||© 2019 Faculty of Organizational Sciences, Belgrade. All rights reserved. The non-parametric deterministic procedure of Data Envelopment Analysis (DEA) to measure and compare relative efficiency of research and development (R/D) activities in nine South-European countries in the period 2007-2016 is applied in this paper. To that end, we made a corresponding DEA model with nine decision-making units, two inputs and two outputs, selected by correlation analysis. The obtained results, i.e., relative R/D efficiency, were subject to correlation analysis in the context of the achieved average gross domestic product growth rate of the observed decision-making units, which showed that there was no strong correlation between those two variables at the level of the observed national economies.|
|Appears in Collections:||Faculty of Economics, Kragujevac|
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