Evaluating the comparative performance of technical and scale efficiencies in knowledge-based economies (KBEs) in ASEAN: a data envelopment analysis (DEA) application

Afzal, Munshi Naser Ibne and Lawrey, Roger (2012) Evaluating the comparative performance of technical and scale efficiencies in knowledge-based economies (KBEs) in ASEAN: a data envelopment analysis (DEA) application. European Journal of Economics, Finance and Administrative Sciences (51). pp. 81-95.

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Abstract

The objective of this paper is to measure the technical and scale efficiencies of KBEs in the Association of South East Asian Nations (ASEAN) using Data Envelopment Analysis (DEA). DEA enables one to assess the efficiencies of firms, organizations, countries, and regions in converting inputs to outputs. For each country in each knowledge dimensions, the efficiency rating and a measure of returns to scale: increasing returns to scale (IRS), constant returns to scale (CRS) and decreasing returns to scale (DRS) are calculated. The two years 1995 and 2010 are considered to assess the cross-section performance of KBE dimensions. Data are collected from World Development Indicators (WDI), World Competitiveness Yearbook (WCY) and ASEAN publications. Indonesia in knowledge acquisition; Singapore, South Korea and Thailand in knowledge production; Singapore in knowledge distribution; the Philippines and S. Korea in knowledge utilization are the most productive and 100% efficient countries in either one or both of the years investigated. This is not the first study of its kind, although it is the first for ASEAN countries considering all KBE dimensions.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Author retains copyright.
Depositing User: Prof Roger Lawrey
Faculty / Department / School: Historic - Faculty of Business and Law - School of Accounting and Finance
Date Deposited: 05 Sep 2012 13:01
Last Modified: 03 Jul 2013 01:27
Uncontrolled Keywords: ASEAN; CRS; DEA; IRS; knowledge economy dimensions; knowledge-based economy; policy-focused framework; scale efficiency; technical efficiency; VRS
Fields of Research (FOR2008): 15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150301 Business Information Management (incl. Records, Knowledge and Information Management, and Intelligence)
14 Economics > 1403 Econometrics > 140304 Panel Data Analysis
14 Economics > 1499 Other Economics > 149901 Comparative Economic Systems
Socio-Economic Objective (SEO2008): B Economic Development > 91 Economic Framework > 9101 Macroeconomics > 910199 Macroeconomics not elsewhere classified
URI: http://eprints.usq.edu.au/id/eprint/21830

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