Dynamic Analysis of the Efficiency of Research and Development Systems of South-European Countries
Yugoslav journal of operations research, Tome 29 (2019) no. 3, p. 415

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The non-parametric deterministic procedure of Data Envelopment Analysis (DEA) to measure and compare relative efficiency of research and development (R/D) activities in nine South-European countries in the period 2007-2016 is applied in this paper. To that end, we made a corresponding DEA model with nine decision-making units, two inputs and two outputs, selected by correlation analysis. The obtained results, i.e., relative R/D efficiency, were subject to correlation analysis in the context of the achieved average gross domestic product growth rate of the observed decision-making units, which showed that there was no strong correlation between those two variables at the level of the observed national economies.
Classification : C61, D80, O32
Keywords: Research and Development, Performance, Efficiency, Economic Growth, Data Envelopment Analysis
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Predrag Mimović; Ana Krstić; Milena Jakšić. Dynamic Analysis of the Efficiency of Research and Development Systems of South-European Countries. Yugoslav journal of operations research, Tome 29 (2019) no. 3, p. 415 . http://geodesic.mathdoc.fr/item/YJOR_2019_29_3_a7/