Votápková, Jana; Žák, Milan - In: Prague Economic Papers 2013 (2013) 2, pp. 206-223
The paper estimates institutional efficiency of a sample of EU and OECD countries. We employ an output-oriented Data Envelopment Analysis (DEA-like) approach where six Worldwide Governance Indicators published by the World Bank in 2009 constitute a vector of outputs. Assuming that all countries...