<abstract xmlns="http://www.w3.org/1999/xhtml">

<p> The article presents how DEA is used to develop agricultural production efficiency rankings in the EU member states, which can be used as the starting point for evaluating the performance of currently used instruments of economic policy. In the article, statistical data from the FADN were used. Agricultural production was compared for three types of output and four types of input involved. The performed study demonstrated that in 18 out of 28 states, agricultural production had been run efficiently on a macro level. The applied approach also allowed for identifying the causes of inefficiency in the remaining ten states, providing indications for recommended changes in in the way economic instruments are used.</p>
</abstract>

The article presents how DEA is used to develop agricultural production efficiency rankings in the EU member states, which can be used as the starting point for evaluating the performance of currently used instruments of economic policy. In the article, statistical data from the FADN were used. Agricultural production was compared for three types of output and four types of input involved. The performed study demonstrated that in 18 out of 28 states, agricultural production had been run efficiently on a macro level. The applied approach also allowed for identifying the causes of inefficiency in the remaining ten states, providing indications for recommended changes in in the way economic instruments are used.

Application of DEA for Evaluating the Efficiency of Economic Policy as Exemplified by EU Agriculture

Studia Historiae Oeconomicae

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

The article presents how DEA is used to develop agricultural production efficiency rankings in the EU member states, which can be used as the starting point...

Application of DEA for Evaluating the Efficiency of Economic Policy as Exemplified by EU Agriculture

Published Online: Mar 28, 2018

Page range: 163 - 176

DOI: https://doi.org/10.1515/sho-2017-0011

Keywords
economic policy, DEA, technical efficiency, agriculture of the EU

© 2018

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

Application of DEA for Evaluating the Efficiency of Economic Policy as Exemplified by EU Agriculture

Published Online: Mar 28, 2018

Page range: 163 - 176

DOI: https://doi.org/10.1515/sho-2017-0011

Keywordseconomic policy, DEA, technical efficiency, agriculture of the EU

© 2018

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

Keywords
economic policy, DEA, technical efficiency, agriculture of the EU