Using DEA and VEA to Evaluate Quality of Life in the Mid-Atlantic States
AbstractIn this study we use data envelopment analysis (DEA) and an extension of DEA called value efficiency analysis (VEA) to explore the Â“"productionÂ”" of quality of life within counties in the mid-Atlantic region and the extent to which production frontiers and efficiency differ between rural and urban counties. These methods allow us to identify counties that are inefficient in their quality of life production, and to rank (using DEA) those counties according to their distance from a performance standard established by other observed counties(using VEA), or by a single unit designated as "Â“most preferred"(using VEA).Â”
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Bibliographic InfoArticle provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.
Volume (Year): 34 (2005)
Issue (Month): 2 (October)
data envelopment analysis; value efficiency analysis; quality of life; Community/Rural/Urban Development;
Other versions of this item:
- Marshall, Elizabeth P. & Shortle, James S., 2004. "Using Dea And Vea To Evaluate Quality Of Life In The Mid-Atlantic States," 2004 Annual meeting, August 1-4, Denver, CO 20198, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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