Data envelopment analysis for measuring economic growth in terms of welfare beyond GDP

Lábaj, Martin; Luptáčik, Mikuláš; Nežinský, Eduard

doi:10.1007/s10663-014-9262-2

Cited by 33 publications

(22 citation statements)

References 22 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Wu (2003) used DEA to investigate the role of total factor productivity in China's economic growth, reflecting the uncertainty of China's economic reform and transformation [5] (p. 1). Lábaj et al (2014) first presented several approaches to productivity measures. Then they extended the data envelopment analysis models with environmental indicators in order to measure the so-called eco-efficiency and social indicators in order to take into consideration social performance.…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Influencing Efficiency of Tax Relief on the Capital Market: An Empirical Study of China Supply-Side Reform

Jiang

2019

Sustainability

View full text Add to dashboard Cite

One of the primary tasks of supply-side reform is to promote the reform of fiscal and taxation systems. It is an important part of institutional innovation to coordinate fiscal and other reforms. From the perspective of the supply side, this paper discusses whether the adjustment of fiscal and monetary policies will have a positive impact on China's capital market and economic growth. In this paper, a windows-EBM model is constructed to test the panel data of major economies between 2008 and 2016, discuss their impact on the efficiency of the capital market, and to make a comparative analysis on the strategies to improve the vitality of China's capital market. We find that the impact of China's macro policies on capital market efficiency during 2008-2016 shows a huge potential space for adjusting fiscal and monetary policies, because these input factors are obviously interchangeable in China's supply-side reform. This is in line with the expected direction of China's supply-side reform. This paper reveals the positive effect of supply-side reform on capital activity. Tax cuts and monetary policy measures are needed to balance capital markets and to ensure their active and sustainable development.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

“…The last section concerns itself with the possibilities of inter-temporal analysis of the proposed models and their use in ex-ante. In many scenarios, this implies that DEA is widely used in analyzing the sustainable growth of a country's economy [6] (p. 1).…”

Section: Literature Reviewmentioning

confidence: 99%

Influencing Efficiency of Tax Relief on the Capital Market: An Empirical Study of China Supply-Side Reform

Jiang

2019

Sustainability

View full text Add to dashboard Cite

show abstract

“…For example, Lozano and Gutiérrez () adopted the DEA model to evaluate the efficiency of 39 Spanish airports during 2006 and 2007. By using the DEA method, Lábaj, Luptáčik, and Nežinský () analysed the efficiency of the economic and social welfare systems of 30 European countries in 2010. Research by Guerrini, Romano, Leardini, and Martini () presents the efficiency of wastewater services through the DEA model.…”

Section: Literature Reviewmentioning

confidence: 99%

Is the low‐carbon economy efficient in terms of sustainable development? A global perspective

Shen

Shuai

et al. 2018

Sustainable Development

View full text Add to dashboard Cite

Despite great efforts being devoted to, and substantial resources being consumed by low-carbon economy (LCE) development globally, it appears that little is known about whether LCE development is efficient. This paper measures low-carbon economy efficiency (LCEE) performance from a global perspective. The Super-slack-based measure model is adopted to analyse the LCEE performance of 115 sample countries during 1999-2013. The Malmquist Productivity Index is used to evaluate the dynamic change of LCEE between sample countries. The results indicate that overall worldwide LCEE performance is at low levels, and the differences in LCEE performance among the 115 sample countries are significant. It also indicates that LCEE performance is generally better in developed countries. From the dynamic perspective, a significant improvement in LCEE performance was achieved globally during the survey period, with an overall annual increase of 0.75%. These results provide a valuable reference to policy-makers and practitioners for adopting measures to promote LCE development effectively at a global level.

show abstract

“…The European Union (EU) started a strategy regarding sustainability (Commission of the European Communities, 2009) and there are monitoring reports that present data on indicators concerning sustainable development (European Commission, 2013). However, the European statistics works with macroeconomic data referring to gross domestic product (GDP), unemployment, monetary indicators etc, which proved to be irrelevant for individual welfare and authentic sustainability (Stiglitz, 2012;Labaj et al, 2014). The approach of sustainable development and its incorporation in the European strategies unveiled only a part of sustainability's potential and were incoherently covered by the European Union member states (Steurer and Hametner, 2013).…”

Section: S Ustainable Development Has Been On the Agenda Of Politiciamentioning

confidence: 99%

Rational Development as a Sustainable Progress Welfare Vector: A Cross‐Country Analysis

Momete

2016

Sustainable Development

View full text Add to dashboard Cite

This paper aims to incorporate welfare into sustainable development by arguing that sustainability should be scaled on rationality and safety premises. The paper describes the manner in which sustainable development principles have been distorted over time and the need for an enrichment of the concept with original ideas based on safety and rationality in development that would lead to an actual consideration of individual welfare. To this end, safety and rationality components are described, as they are regarded as requirements of sustainable development, and the rationality component is further analyzed. The methodology allows the building of an index of rationality for the 2007–2013 research interval, which attempts to capture the complexity of the rationality dimension of sustainability. The index of rationality is applied to specific circumstances from different countries and is used on a cross‐country analysis to determine the progress of the member states of the European Union on the sustainability road. Copyright © 2016 John Wiley & Sons, Ltd and ERP Environment

show abstract

Data envelopment analysis for measuring economic growth in terms of welfare beyond GDP

Cited by 33 publications

References 22 publications

Influencing Efficiency of Tax Relief on the Capital Market: An Empirical Study of China Supply-Side Reform

Influencing Efficiency of Tax Relief on the Capital Market: An Empirical Study of China Supply-Side Reform

Is the low‐carbon economy efficient in terms of sustainable development? A global perspective

Rational Development as a Sustainable Progress Welfare Vector: A Cross‐Country Analysis

Contact Info

Product

Resources

About