Evaluation of regional economic efficiency in Hubei province based on cross data envelopment analysis algorithm

We analyze the economic efficiency of the cryptocurrency market after the launch of Bitcoin futures by means of the Data Envelopment Analysis and Malmquist Indexes. Our results show that the introduction of Bitcoin futures did not affect the economic efficiency of the cryptocurrency market. However, we observe that Bitcoin obtained the highest risk-return trade-off due to its liquidity compared to the rest of cryptocurrencies. Therefore, our paper underlines the support of investors on Bitcoin to the detriment of the rest of cryptocurrencies.

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Modeling customer satisfaction with new product design using a flexible fuzzy regression-data envelopment analysis algorithm

Applied Mathematical Modelling ◽

10.1016/j.apm.2017.01.020 ◽

2017 ◽

Vol 50 ◽

pp. 755-771 ◽

Cited By ~ 16

Author(s):

Salman Nazari-Shirkouhi ◽

Abbas Keramati

Keyword(s):

Data Envelopment Analysis ◽

Customer Satisfaction ◽

Product Design ◽

New Product ◽

Fuzzy Regression ◽

Data Envelopment ◽

Analysis Algorithm ◽

New Product Design

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THE ESTIMATION AND APPLICATION OF MULTI-REGIONAL ECONOMIC PLANNING MODELS USING DATA ENVELOPMENT ANALYSIS

Papers of the Regional Science Association ◽

10.1111/j.1435-5597.1986.tb01015.x ◽

2005 ◽

Vol 60 (1) ◽

pp. 41-57 ◽

Cited By ~ 27

Author(s):

W. D. Macmillan

Keyword(s):

Data Envelopment Analysis ◽

Economic Planning ◽

Data Envelopment ◽

Regional Economic ◽

Planning Models ◽

Using Data

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An integrated fuzzy simulation-fuzzy data envelopment analysis algorithm for job-shop layout optimization: The case of injection process with ambiguous data

European Journal of Operational Research ◽

10.1016/j.ejor.2011.05.015 ◽

2011 ◽

Vol 214 (3) ◽

pp. 768-779 ◽

Cited By ~ 37

Author(s):

A. Azadeh ◽

M. Moghaddam ◽

S.M. Asadzadeh ◽

A. Negahban

Keyword(s):

Data Envelopment Analysis ◽

Job Shop ◽

Layout Optimization ◽

Data Envelopment ◽

Fuzzy Data ◽

Fuzzy Simulation ◽

Analysis Algorithm ◽

Injection Process ◽

Fuzzy Data Envelopment Analysis ◽

Ambiguous Data

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Economic Efficiency of the Main Oil Producing Countries in Upstream Sector in the Period 2010-2017

Revista Mexicana de Economía y Finanzas ◽

10.21919/remef.v17i2.718 ◽

2021 ◽

Vol 17 (2) ◽

pp. 1-17

Author(s):

José César Lenin Navarro Chávez ◽

Odette Virginia Delfín Ortega ◽

Enrique Guardado Ibarra

Keyword(s):

United States ◽

United Kingdom ◽

Data Envelopment Analysis ◽

United Arab Emirates ◽

Economic Efficiency ◽

Allocative Efficiency ◽

Oil Industry ◽

Data Envelopment ◽

Economic Vulnerability ◽

Use Of Resources

This work aims to calculate the economic efficiency of the main upstream oil producing countries in 2010-2017, using the Data Envelopment Analysis (DEA) methodology. In the begining the technical efficiency is determined, next allocative efficiency is calculated to finally obtain the economic efficiency. The countries analyzed were: United States, Russia, Canada, China, United Arab Emirates, Kuwait, Brazil, Kazakhstan, Mexico, Angola, Venezuela, Algeria, United Kingdom, Holland, France and Spain. It can be seen from the results that no country was efficient in economic terms. However, Russia had the highest levels of economic efficiency, on the opposite side, France has the lowest values in this indicator. It is recommended to establish strategies in the sector to avoid economic vulnerability in some countries. The main limitation is the availability of the data. The originality of the research consists in obtaining economic efficiency in this industry, since there are no studies with these specific characteristics. It is concluded that in terms of economic efficiency, there was no adequate use of resources in the upstream oil industry.

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