A literature review of economic efficiency assessments using data envelopment analysis

Bibliographic Details
Main Author: Camanho, Ana Santos
Publication Date: 2023
Other Authors: Silva, Maria Conceição, Piran, Fabio Sartori, Lacerda, Daniel Pacheco
Format: Article
Language: eng
Source: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Download full: http://hdl.handle.net/10400.14/42684
Summary: This paper presents a literature review on Data Envelopment Analysis assessments of economic efficiency, covering methodological developments and empirical applications. We review the seminal models for economic efficiency measurement, involving the optimization of cost, revenue, and profit. The applications of the different modelling approaches are also discussed. Based on a content analysis of papers published between 1978 and 2020 in various sectors, the main areas of study are identified, and the pathways of research developments are discussed. Most studies are based on disaggregated quantity and price data. In addition, the use of panel data is prevalent compared to cross-sectional studies. There is a preponderance of input-oriented studies focused on cost efficiency rather than revenue or profit efficiency. Informed by the historical evolution of economic efficiency assessments portrayed in this review, we suggest directions for future developments.
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spelling A literature review of economic efficiency assessments using data envelopment analysisCost efficiencyData envelopment analysisEconomic efficiencyProfit efficiencyRevenue efficiencyThis paper presents a literature review on Data Envelopment Analysis assessments of economic efficiency, covering methodological developments and empirical applications. We review the seminal models for economic efficiency measurement, involving the optimization of cost, revenue, and profit. The applications of the different modelling approaches are also discussed. Based on a content analysis of papers published between 1978 and 2020 in various sectors, the main areas of study are identified, and the pathways of research developments are discussed. Most studies are based on disaggregated quantity and price data. In addition, the use of panel data is prevalent compared to cross-sectional studies. There is a preponderance of input-oriented studies focused on cost efficiency rather than revenue or profit efficiency. Informed by the historical evolution of economic efficiency assessments portrayed in this review, we suggest directions for future developments.Veritati - Repositório Institucional da Universidade Católica PortuguesaCamanho, Ana SantosSilva, Maria ConceiçãoPiran, Fabio SartoriLacerda, Daniel Pacheco2023-09-27T16:11:24Z2024-05-162024-05-16T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/42684eng0377-221710.1016/j.ejor.2023.07.02785169820132info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-05T01:36:40Zoai:repositorio.ucp.pt:10400.14/42684Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:31:58.418880Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv A literature review of economic efficiency assessments using data envelopment analysis
title A literature review of economic efficiency assessments using data envelopment analysis
spellingShingle A literature review of economic efficiency assessments using data envelopment analysis
Camanho, Ana Santos
Cost efficiency
Data envelopment analysis
Economic efficiency
Profit efficiency
Revenue efficiency
title_short A literature review of economic efficiency assessments using data envelopment analysis
title_full A literature review of economic efficiency assessments using data envelopment analysis
title_fullStr A literature review of economic efficiency assessments using data envelopment analysis
title_full_unstemmed A literature review of economic efficiency assessments using data envelopment analysis
title_sort A literature review of economic efficiency assessments using data envelopment analysis
author Camanho, Ana Santos
author_facet Camanho, Ana Santos
Silva, Maria Conceição
Piran, Fabio Sartori
Lacerda, Daniel Pacheco
author_role author
author2 Silva, Maria Conceição
Piran, Fabio Sartori
Lacerda, Daniel Pacheco
author2_role author
author
author
dc.contributor.none.fl_str_mv Veritati - Repositório Institucional da Universidade Católica Portuguesa
dc.contributor.author.fl_str_mv Camanho, Ana Santos
Silva, Maria Conceição
Piran, Fabio Sartori
Lacerda, Daniel Pacheco
dc.subject.por.fl_str_mv Cost efficiency
Data envelopment analysis
Economic efficiency
Profit efficiency
Revenue efficiency
topic Cost efficiency
Data envelopment analysis
Economic efficiency
Profit efficiency
Revenue efficiency
description This paper presents a literature review on Data Envelopment Analysis assessments of economic efficiency, covering methodological developments and empirical applications. We review the seminal models for economic efficiency measurement, involving the optimization of cost, revenue, and profit. The applications of the different modelling approaches are also discussed. Based on a content analysis of papers published between 1978 and 2020 in various sectors, the main areas of study are identified, and the pathways of research developments are discussed. Most studies are based on disaggregated quantity and price data. In addition, the use of panel data is prevalent compared to cross-sectional studies. There is a preponderance of input-oriented studies focused on cost efficiency rather than revenue or profit efficiency. Informed by the historical evolution of economic efficiency assessments portrayed in this review, we suggest directions for future developments.
publishDate 2023
dc.date.none.fl_str_mv 2023-09-27T16:11:24Z
2024-05-16
2024-05-16T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.14/42684
url http://hdl.handle.net/10400.14/42684
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 0377-2217
10.1016/j.ejor.2023.07.027
85169820132
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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