Evaluation on Performance of the Tertiary Industry of Lucheng District in Wenzhou: A DEA Application

Abstract

Data Envelopment Analysis (DEA) is a non-parametric technique for measuring and evaluating the relative efficiencies of a set of decision-making units in terms of a set of common inputs and outputs, which is more popular in analyses of the emerging industry. With DEA, we handle multiple inputs and multiple outputs in Lucheng District of Wenzhou city, assess potential technical efficiency and scale efficient of its tertiary industry, find out some existent problems, and illuminate the route of development for Lucheng District in the future.