Comparative analysis of the regional efficiency in Serbia: DEA approach

Abstract

The main aim of the paper is to offer a statistical identification of differences in efficiency between Serbian regions. The regional resources covered by the analysis are presented in the form of infrastructure, investment in new fixed assets and employment levels. For the researching purpose, data envelopment method (DEA) is used as a major component in identifying regions that use their resources effectively. This approach of mathematical programming optimization tends to evaluate the efficiency of the analyzed regional spatial aspects. Moreover, studying regional differences and generally spatial efficiency creates a significant basis for mapping key problems of regional development in Serbia and provides important guidelines for the creation and implementation of regional policies.