Using data envelopment analysis to assess macroeconomic policy performance

C-Tier
Journal: Applied Economics
Year: 2001
Volume: 33
Issue: 3
Pages: 407-416

Score contribution per author:

1.009 = (α=2.02 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

It is common practice to summarize the macroeconomic performance of countries in terms of the four well-known dimensions captured by the magic diamond of the OECD. This study provides a comparison of several synthetic indicators that merge the four separate indicators into one single statistic. These indicators are inspired by Data Envelopment Analysis (DEA)-based models, which allow for unequal weighting of the different economic objectives. The calculated weights then act as proxies for the true policy priorities. Comparison of the models focuses on the underlying assumptions as well as on the empirical results they generate.

Technical Details

RePEc Handle
repec:taf:applec:v:33:y:2001:i:3:p:407-416
Journal Field
General
Author Count
1
Added to Database
2026-01-25