Dynamic Analysis of the Efficiency of Research and Development Systems of South-European Countries

Abstract

The non-parametric deterministic procedure of Data Envelopment Analysis (DEA) to measure and compare relative efficiency of research and development (R/D) activities in nine South-European countries in the period 2007-2016 is applied in this paper. To that end, the corresponding DEA model is formed, with nine decision-making units, two inputs and two outputs, selected by regression analysis. The obtained results, i.e. relative R/D efficiency, are subject to correlation analysis in the context of the achieved average gross domestic product growth rate of the observed decision-making units, showing that there is no strong correlation between these two variables at the level of the observed national economies.