Benchmarking of OECD Countries in Views of Value-Added Manufacturing Using DEA
Billur ECER Ahmet AKTAŞ Mehmet KABAK
AbstractValue-added is an important term which indicates the efficiency level of economic activities. Valueadded term describes the difference between the value of produced goods and the total cost of production. Some areas related to value-added manufacturing are pharmaceuticals, automotive, computer and communications equipment manufacturing, aviation, etc. To develop a value-added product some inputs are needed. Some of these inputs are energy, labor force and research and development activities. The main aim of this study is to present a benchmarking analysis of 29 OECD countries in views of value-added manufacturing values. To do so, an output oriented BCC model is used to evaluate efficiency of countries and obtained results of the analysis provide some improvement ways for countries and their position against the other countries.