Multidimensional Approach to Evaluation of Visegrad Countries`competitiveness in Comparison with Austria and Germany
Staníčková Michaela, Melecký Lukáš
Keywords:
competitiveness, cluster analysis, DEA method, efficiency, factor analysis, performance
Abstract:
The paper deals with an application of Data Envelopment Analysis (DEA) method to multicriteria
performance evaluation of the Visegrad Four countries (V4) in comparison with selected
advanced European Union’s (EU) countries – Austria and Germany. The aim of the paper is to
analyse a degree of efficiency achieved in individual countries which is perceived as a reflection
of the level of competitive potential in three reference years 2000, 2005 and 2010. The theoretical
part of the paper is shortly devoted to the fundamental bases of competitiveness in the context
of performance/productivity theory and the methodology of factor and cluster analysis (FA,
CA) and DEA method. The multivariate methods, CA and FA, have been used to DEA modelling.
The empirical part is aimed at measuring the degree of productivity and level of efficiency
changes of evaluated countries by the specialized DEA approach – the Malmquist (Productivity)
Index (MI/MPI) measuring the change of technical efficiency and the movement of the frontier
in terms of evaluated countries. The final part of the paper offers a comprehensive comparison
of results obtained by calculating the MI/MPI.
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10.7441/joc.2012.03.05
Staníčková M., Melecký L.(2012). Multidimensional Approach to Evaluation
of Visegrad Countries`competitiveness
in Comparison with Austria and Germany. Journal of Competitiveness, 4 (3), 58-76 https://doi.org/10.7441/joc.2012.03.05
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