IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-319-70055-7_13.html
   My bibliography  Save this book chapter

An Investigation into the Notion of “Efficiency”

In: Advances in Panel Data Analysis in Applied Economic Research

Author

Listed:
  • Aidar Puryaev

    (Kazan Federal University)

Abstract

In this work we make the research concerning the subject of defining the essence of the concepts “efficiency” and “efficiency of investment project.” We present and summarize the achieved result on the problem of evaluating the efficiency of investment projects before the carrying special survey. The research technique is the analysis of existing definitions, techniques, criteria, and parameters of the effectiveness evaluation (literary review). We analyzed a number of the most quoted sources from the Scopus database, and articles have been recently published and indexed in Scopus. Based on the analysis, we reveal the essence of the concept “efficiency,” being defined in the articles. As a result, the signs and definition of the “efficiency” concept are refined. Also the work helps to observe the tendency in the process of evaluating of investment projects efficiency which is realized in solving of an optimization problem simultaneously taking into consideration noneconomic and economic parameters. It is established that the criterion “energy efficiency,” as a special case of an economic criterion, is more relevant and used in the evaluation of investment projects.

Suggested Citation

  • Aidar Puryaev, 2018. "An Investigation into the Notion of “Efficiency”," Springer Proceedings in Business and Economics, in: Nicholas Tsounis & Aspasia Vlachvei (ed.), Advances in Panel Data Analysis in Applied Economic Research, chapter 0, pages 175-187, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-70055-7_13
    DOI: 10.1007/978-3-319-70055-7_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-319-70055-7_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.