TITLE: Evaluation of Visegrad Countries Efficiency in Comparison with Austria and Germany by Selected Data Envelopment Analysis Models
KEYWORDS: Austria, competitiveness, DEA method, efficiency, Germany, inefficiency, model BCC/CCR/SBM, Visegrad Four
ABSTRACT: The paper deals with an application of Data Envelopment Analysis (DEA) method to multi-criteria efficiency evaluation of the Visegrad Four countries (V4) in comparison with selected advanced European Union (EU) countries – Austria and Germany. The aim of the paper is to analyse a degree of efficiency achieved in individual countries which is perceived as a reflection of the level of competitive potential in the reference period 2000 – 2010. The theoretical part of the paper is devoted to the fundamental bases of competitiveness and the methodology of DEA method. The empirical part is aimed at measuring the efficiency of evaluated countries by selected DEA models – basic CCR and BCC models and additive SBM models. When applying DEA method, we used indicators, which are part of the Country Competitiveness Index (CCI) – common approach of European Union (EU) and World Economic Forum (WEF) to competitiveness evaluation. The final part of the paper offers a comprehensive comparison of results obtained by using of all calculated DEA models.
