Measuring the Knowledge-Based Performance Efficiency in the Oil-Exported Countries

Galymkair Mutanov, Aziza Zhuparova and Dinara Zhaisanova

Montenegrin Journal of Economics, 2020, vol. 16, issue 3, 109-122

Abstract: The main challenge of natural resource-rich economies is to avoid the resource curse, poor economic growth, weak institutions and corruption through the development of state program, tended to the development of knowledge-based economy. This research evaluates the productivity of the gross regional product in the context of knowledge-based economy indicators taking into account industrial structure and specialization in regional economic. The focus is on the Republic of Kazakhstan as representative of the oil-exported countries. The feature selection analysis was implemented through a panel regression model and in the aim of evaluation of knowledge-based performance of state measures was used Malmquist Productivity Index in DEA. The data set of the research is obtained from the official statistical data of state structures during the period from 2007 to 2017 for the regions of Kazakhstan.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:16:y:2020:i:3:109-122

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