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Eficiencia gerencial: propuesta metodológica para su medición y evaluación en el sector eléctrico de Venezuela
[Managerial efficiency: an empirical approach to measure and evaluate it in the electrical sector of Venezuela]

Author

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  • Acevedo Rueda, Rafael Alexis

Abstract

This study aimed mainly on designing a methodology for the measurement and evaluation of management efficiency in the electricity sector in Venezuela. We conducted a literature review on the existing techniques, as management indicators, stochastic frontiers and data envelopment analysis (DEA), the last two most used in doctoral research due its complexity and methodological depth. The proposed methodology is based on the author's definition of the managerial efficiency of unobservable characteristic and its impact on a number of indicators, for that reason has a structural equation model. Finally, we conclude that this work will open a new topic of discussion for management research and will provide an opportunity to initiate new research and empirical validation, comparison with other methodologies and implementation in other sectors of the economy when interest and / or need for measurement of managerial efficiency.

Suggested Citation

  • Acevedo Rueda, Rafael Alexis, 2009. "Eficiencia gerencial: propuesta metodológica para su medición y evaluación en el sector eléctrico de Venezuela [Managerial efficiency: an empirical approach to measure and evaluate it in the electr," MPRA Paper 58689, University Library of Munich, Germany, revised 10 Oct 2009.
    • Handle: RePEc:pra:mprapa:58689
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    More about this item

    Keywords

    Managerial Efficiency; Metodology; Electrical Sector;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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