EconPapers    
Economics at your fingertips  
 

Innovation rankings: Good, bad or revealing?

Yuezhou Cai and Aoife Hanley

No 1882, Kiel Working Papers from Kiel Institute for the World Economy (IfW)

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.

Keywords: Data Envelopment Analysis; Efficiency Indicators; Global Competitiveness Report (search for similar items in EconPapers)
JEL-codes: C61 C14 O38 (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/88758/1/774282304.pdf (application/pdf)

Related works:
Journal Article: Innovation rankings: good, bad or revealing? (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1882

Access Statistics for this paper

More papers in Kiel Working Papers from Kiel Institute for the World Economy (IfW) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2019-10-03
Handle: RePEc:zbw:ifwkwp:1882