Measuring trade efficiency
AbstractIn 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.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 23761.
Date of creation: 13 Sep 2005
Date of revision:
DEA; development; OECD countries; trade efficiency; window analysis;
Find related papers by JEL classification:
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- F10 - International Economics - - Trade - - - General
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
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- Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
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