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Measuring and ranking structural economic efficiency: exploring the case of Spain compared to Germany

Author

Listed:
  • Sharon Hadad
  • Yossi Hadad
  • Miki Malul
  • Mosi Rosenboim

Abstract

This paper uses the data envelopment analysis (DEA) technique tool to explore the efficiency of various sectors in the Spanish economy. The findings demonstrate that Spain's public sector is inefficient in using capital and labour. By contrast, however, the country's finance sector is the most efficient of all of its main sectors. A comparison of various sectors in Spain and Germany reveals that the German manufacturing sector is more efficient than that of Spain, but Spain's tourism sector is much more efficient than that in Germany.

Suggested Citation

  • Sharon Hadad & Yossi Hadad & Miki Malul & Mosi Rosenboim, 2012. "Measuring and ranking structural economic efficiency: exploring the case of Spain compared to Germany," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 8(1), pages 13-22.
    • Handle: RePEc:ids:wremsd:v:8:y:2012:i:1:p:13-22
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    References listed on IDEAS

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    4. Leon du Toit & Johan Fourie & Devon Trew, 2010. "The sources of comparative advantage in tourism," Working Papers 01/2010, Stellenbosch University, Department of Economics.
    5. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, number 9780521894753.
    6. 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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