Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88758
Authors: 
Cai, Yuezhou
Hanley, Aoife
Year of Publication: 
2013
Series/Report no.: 
Kiel Working Paper 1882
Abstract: 
The standard indicators used to compare cross-country innovation are in the Global Competitiveness Report (GCR). But there are problems with aggregation and response bias with these largely self-reported measures (Hollanders and van Cruysen, 2008). We propose a theory-based metric using Data Envelopment Analysis which corrects for sample bias and considers Returns to Scale. The derived ranking compares well to components of the GCR. Moreover, in second-stage estimations, our corrected efficiency score correlates well with standard Growth Theory indicators.
Subjects: 
Data Envelopment Analysis
Efficiency Indicators
Global Competitiveness Report
JEL: 
C61
C14
O38
Document Type: 
Working Paper

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