Τrade efficiency and economic development: Evidence from a cross country comparison, Applied Economics 40(21): 2749-2764 (2008, in common with N. Tzeremes)
Τrade efficiency and economic development: Evidence from a cross country comparison, Applied Economics 40(21): 2749-2764 (SCOPUS, EconLit, ISI Listed. Impact factor: 0.750 and 5-year: 0.906). In common with N. Tzeremes (2008).
In this paper the Data Envelopment Analysis (DEA) window method is used to compare trade efficiency for 16 OECD countries and for the time period 1996–2000. From the analysis we obtained the efficiency scores and the optimal output levels for inefficient countries for all years under consideration. Results drawn from the broadly used ratio analysis were also compared to those derived from the DEA model. It seems that trade efficient countries have clear characteristics like low exchange rates for exports, low R&D intensity, high value intra industry trade, and with positive effect of trade on their GDP.