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A DEA approach to regional development

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  • Halkos, George
  • Tzeremes, Nickolaos

Abstract

Our research is based on the effect of fiscal policies on the Greek prefectures. Using DEA methodology we compare the efficiency of the prefectures over the last three decades. Moreover, we determine where the resources are distributed in an efficient way and /or have been used efficiently by the local authorities in order to stimulate regional development and provide quality of life to the Greek citizens. The efficient prefectures seem to have definite and strong characteristics, which are determined and discussed in detail. Our empirical results imply that the resources of a prefecture don’t necessarily ensure the efficiency of this prefecture.

Suggested Citation

  • Halkos, George & Tzeremes, Nickolaos, 2005. "A DEA approach to regional development," MPRA Paper 3992, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:3992
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    References listed on IDEAS

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    2. Lukáš Melecký & Michaela Staníčková & Jana Hančlová, 2019. "Nonparametric Approach to Evaluation of Economic and Social Development in the EU28 Member States by DEA Efficiency," JRFM, MDPI, vol. 12(2), pages 1-34, April.

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    More about this item

    Keywords

    Data Envelopment Analysis; Regional Development; Living Standards; Greek Prefectures;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics

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