Application of DEA in international market selection for the export of goods
This article proposes a methodology to support decision-making to select an international market. To do so, an output-oriented data envelopment analysis (DEA) model is used. This methodology takes into account multiple variables such as import tariffs, logistics costs, the ease of doing business, cu...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universidad Nacional de Colombia
2017-01-01
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| Series: | Dyna |
| Subjects: | |
| Online Access: | https://revistas.unal.edu.co/index.php/dyna/article/view/63612 |
| _version_ | 1818676713620504576 |
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| author | José Alejandro Cano Emiro Antonio Campo José Jaime Baena |
| author_facet | José Alejandro Cano Emiro Antonio Campo José Jaime Baena |
| author_sort | José Alejandro Cano |
| collection | DOAJ |
| description | This article proposes a methodology to support decision-making to select an international market. To do so, an output-oriented data envelopment analysis (DEA) model is used. This methodology takes into account multiple variables such as import tariffs, logistics costs, the ease of doing business, cultural gaps, the value of imports, GDP per capita, and logistics performance, among others, which are validated with a correlation analysis. The methodology is applied to frozen beef exported from Colombia, and it assesses the efficiency of possible destination countries. Finally, this study concludes that DEA provides easy to apply robust models identifying countries and regions that generate higher benefits to access international markets. |
| first_indexed | 2024-12-17T08:47:51Z |
| format | Article |
| id | doaj.art-4bb149f8ea114bdd83788720d8f78111 |
| institution | Directory Open Access Journal |
| issn | 0012-7353 2346-2183 |
| language | English |
| last_indexed | 2024-12-17T08:47:51Z |
| publishDate | 2017-01-01 |
| publisher | Universidad Nacional de Colombia |
| record_format | Article |
| series | Dyna |
| spelling | doaj.art-4bb149f8ea114bdd83788720d8f781112022-12-21T21:56:10ZengUniversidad Nacional de ColombiaDyna0012-73532346-21832017-01-018420037638210.15446/dyna.v84n200.6361245018Application of DEA in international market selection for the export of goodsJosé Alejandro Cano0Emiro Antonio Campo1José Jaime Baena2Universidad de MedellínUniversidad de MedellínUniversidad de MedellínThis article proposes a methodology to support decision-making to select an international market. To do so, an output-oriented data envelopment analysis (DEA) model is used. This methodology takes into account multiple variables such as import tariffs, logistics costs, the ease of doing business, cultural gaps, the value of imports, GDP per capita, and logistics performance, among others, which are validated with a correlation analysis. The methodology is applied to frozen beef exported from Colombia, and it assesses the efficiency of possible destination countries. Finally, this study concludes that DEA provides easy to apply robust models identifying countries and regions that generate higher benefits to access international markets.https://revistas.unal.edu.co/index.php/dyna/article/view/63612data envelopment analysis (DEA)international market selection (IMS)exportsfrozen meat |
| spellingShingle | José Alejandro Cano Emiro Antonio Campo José Jaime Baena Application of DEA in international market selection for the export of goods Dyna data envelopment analysis (DEA) international market selection (IMS) exports frozen meat |
| title | Application of DEA in international market selection for the export of goods |
| title_full | Application of DEA in international market selection for the export of goods |
| title_fullStr | Application of DEA in international market selection for the export of goods |
| title_full_unstemmed | Application of DEA in international market selection for the export of goods |
| title_short | Application of DEA in international market selection for the export of goods |
| title_sort | application of dea in international market selection for the export of goods |
| topic | data envelopment analysis (DEA) international market selection (IMS) exports frozen meat |
| url | https://revistas.unal.edu.co/index.php/dyna/article/view/63612 |
| work_keys_str_mv | AT josealejandrocano applicationofdeaininternationalmarketselectionfortheexportofgoods AT emiroantoniocampo applicationofdeaininternationalmarketselectionfortheexportofgoods AT josejaimebaena applicationofdeaininternationalmarketselectionfortheexportofgoods |