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Economic Analysis: Theory and Practice
 

Modern approaches to measuring the effectiveness of regional economy

Vol. 10, Iss. 21, JUNE 2011

Available online: 7 June 2011

Subject Heading: METHODS OF ANALYSIS

JEL Classification: 

Mesropyan К.E. trainee research laboratory for social and economic research, the Southern research center of the Russian academy of sciences
mesropyan@ssc-ras.ru

This article provides a brief historical background on the evolution of views on the concept of efficiency and improvement of methods of measuring performance. Describes the stages of non-parametric and parametric methodologies for the measurement of effectiveness. The author assesses these approaches. Article provides an overview of foreign studies, comparative effectiveness of the regional economy over the past thirty years.

Keywords: measurement, effectiveness, region, DEA, SFA

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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