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Author
Miszczyńska Dorota, Miszczyński Marek
Title
Application of DEA Method to the Evaluation of the Efficiency of Polish Open Pension Funds in the Years 2004-2006
Source
Multiple Criteria Decision Making / University of Economics in Katowice, 2007, vol. 2, s. 101-116, rys., tab., bibliogr. 11 poz.
Keyword
Otwarte Fundusze Emerytalne (OFE), Metoda DEA (analiza obwiedni danych), Inwestycje otwartych funduszy emerytalnych, Ocena efektywności
Open Pension Funds (OPF), Data Envelopment Analysis (DEA), Open pension funds' investments, Effectiveness evaluation
Note
summ., Korespondencja z redakcją: numeracja wpisana za zgodą redakcji (wynika z ciągłości wydawniczej serii MCDM) - brak numeracji na stronie tytułowej
Abstract
The subject of this analysis is Open Pension Funds (OPF) in the period from 2004 to 2006. The purpose of this analysis is the measurement of technical efficiency of OPF. What was applied in this evaluation was the Data Envelopment Analysis (DEA). Data related to the volume of inputs (number of members, operating costs per capita) and the size of outputs (net assets, result of investments, accounting unit's values) allowed to construct basic models of DEA (output oriented); the CCR model (constant returns to scale), BCC model (variable returns to scale) and NIRS model (non-increasing returns to scale). In order to evaluate changes in efficiency of each OPF (in the years 2004-2006) the distances of Shephard being the basis for the Malmquist indexes were calculated. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
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Bibliography
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ISSN
2084-1531
Language
eng
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