Assessment of Performance of Pharmaceutical Firms making Drugs for Specific Diseases Prevalent in India: A Data Envelopment Analysis Approach
Author(s) -
Sumanta Das,
G.N. Patel
Publication year - 2013
Publication title -
international journal of management and information technology
Language(s) - English
Resource type - Journals
ISSN - 2278-5612
DOI - 10.24297/ijmit.v6i2.733
Subject(s) - tobit model , data envelopment analysis , delphi , business , delphi method , industrial organization , econometrics , computer science , economics , statistics , mathematics , artificial intelligence , operating system
There exists a lot of diversity in Indian pharmaceutical environment in various aspects. We have applied Delphi Technique to arrive at specific prevalent diseases in India and identified 24 pharmaceutical firms making drugs for these diseases. We used data envelopment analysis (DEA) approach to find out the efficiency of firms and peers of inefficient firms. Tobit regression has been used to get the determinants of efficiency.
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