Abstract
The objective of this article is to measure the efficiency of the Latin American and Asian countries in converting economic complexity into quality of life between 2010 and 2014. The method used was Data Envelopment Analysis (DEA). The results showed in 2014, all Asian countries were efficient except China and Philippines. Cuba was the country that most served as benchmark for inefficient countries. The window analysis showed only Japan, South Korea and Singapore remained effective over time.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the efficiency of decision-making units. European Journal of Operational Research, 2, 429–444.
Cook, W. D, Zhu, J. (2014). Data envelopment analysis—A handbook on the modeling of internal structures and networks. International Series in Operations Research & Management Science. New York: Springer Science + Business Media.
Cooper, W. W., Seiford, L. M., & Tone, K. (2007). Data envelopment analysis: A comprehensive text with models, applications, references and DEA-Solver Software (2nd ed.). s.l.: Springer Science Business Media LLC.
Greene, W. H. (2011). Econometric analysis (7th ed.). New York: Prentice Hall.
Hartmann, D. (2014). Economic complexity and human development: How economic diversification and social networks affect human agency and welfare. New York: Routledge.
Hartmann, D., et al. (2015). Linking economic complexity, institutions and income inequality. s.l.: s.n.
Hartmann, D., et al. (2016). The structural constraints of income inequality in Latin America. Integration & Trade, 40, 71–85.
Hausmann, R., et al. (2014). The atlas of economic complexity: Mapping paths to prosperity. s.l.: MIT Press.
Hidalgo, C. A. (2012). Discovering East Africa’s industrial opportunities. s.l.: Cornell University Library.
Hidalgo, C. A., & Hausmann, R. (2009). The building blocks of economic complexity. Proceedings of the National Academy of Sciences, 106(26), 10570–10575.
Mariano, E. B., & Rebelatto, D. A. (2014). Transformation of wealth produced into quality of life: Analysis of the social efficiency of nation-states with the DEA’s triple index approach. Journal of the Operational Research Society, 65(1), 1664–1681.
Mariano, E. B., Sobreiro, V. A., & Rebelatto, D. A. (2015). Human development and data envelopment analysis: A structured literature review. Omega, 54, 33–49.
Sen, A. (2001). Development as freedom (1st ed.). New York: Anchor Books.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer International Publishing AG, part of Springer Nature
About this paper
Cite this paper
Ferraz, D., Morales, H., Campoli, J., Rebelatto, D. (2019). Economic Complexity and Quality of Life in Latin America and Asia Between 2010 and 2014. In: Mula, J., Barbastefano, R., Díaz-Madroñero, M., Poler, R. (eds) New Global Perspectives on Industrial Engineering and Management. Lecture Notes in Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-93488-4_8
Download citation
DOI: https://doi.org/10.1007/978-3-319-93488-4_8
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-93487-7
Online ISBN: 978-3-319-93488-4
eBook Packages: EngineeringEngineering (R0)