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Estimation of the efficiency of structural funds: a parametric and nonparametric approach

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This article seeks to perform an analysis of the efficiency of the application of the structural funds in the regions classified as Objective 1 over the period 2000 to 2006, applying the techniques known as Data Envelopment Analysis (DEA) and stochastic frontier. In the first place, we are going to identify which are the most efficient regions. Finally, we will analyse the extent to which certain factors have repercussions on the efficiency such as country, geographical location and contribution of agriculture of Gross Domestic Product (GDP) and the result indicates that some of these variables have significantly influences of technical efficiency.

Keywords: C14; DEA; H21; H83; O18; efficiency; regional policy; stochastic frontier; structural funds

Document Type: Research Article

Affiliations: 1: Metodos Cuantitativos para la Economía, University of Murcia, Murcia, Spain 2: Facultad de Economía y Empresa, Departamento de Economía Financiera y Contabilidad,University of Murcia, Campus de Espinardo, Murcia 30100, Spain 3: Economía Financiera y Contabilidad,Universidad Católica San Antonio, Murcia, Spain

Publication date: 01 October 2012

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