Using DEA and VEA to Evaluate Quality of Life in the Mid-Atlantic States

Author:

Marshall Elizabeth,Shortle James

Abstract

In this study we use data envelopment analysis (DEA) and an extension of DEA called value efficiency analysis (VEA) to explore the “production” of quality of life within counties in the mid-Atlantic region and the extent to which production frontiers and efficiency differ between rural and urban counties. These methods allow us to identify counties that are inefficient in their quality of life production, and to rank (using DEA) those counties according to their distance from a performance standard established by other observed counties, or (using VEA) by a single unit designated as “most preferred.”

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Agronomy and Crop Science

Reference25 articles.

1. Data Envelopment Analysis: Theory, Methodology, and Applications

2. Cinca C.S. , Molinero C.M. , and Garcia F.C. 2002. “On Model Selection in Data Envelopment Analysis: A Multivariate Statistical Approach.” Discussion Paper No. M02-7, Department of Management, University of Southampton, United Kingdom.

3. Very few counties could occupy a position even more toward the “niche” side of the continuum—i.e., outperform the average along only two dimensions—and still be found to be DEA-efficient.

4. A Pure Theory of Local Expenditures

5. Bowlin W.F. 1998. “Measuring Performance: An Introduction to Data Envelopment Analysis (DEA).” Journal of Cost Analysis (Fall): 3–27.

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