Application of DEA Methods for Evaluating Efficiency in Museums, Galleries, and Monuments in the Czech Republic
Application of DEA Methods for Evaluating Efficiency in Museums, Galleries, and Monuments in the Czech Republic
Author(s): Michal Plaček, Milan Půček, František Ochrana, Milan Křápek
Subject(s): Museology & Heritage Studies, National Economy, Business Economy / Management, Methodology and research technology
Published by: Masarykova univerzita nakladatelství
Keywords: museums; DEA; relative efficiency; Czech Republic;
Summary/Abstract: The article analyzes the efficiency of a specific section of Czech culture; specifically, in the areas of museums, galleries, and monuments. Based on a literature review we can state that apart from one project on performance indicators designed for benchmarking, evaluations of efficiency and effectiveness in this area have not been fully exploited. Our pilot study focuses on the use of the method of data envelopment analysis for evaluating the efficiency of museums, galleries, and monuments in the Czech Republic. This analysis is applied to entities established by the central government. We draw the necessary data from the annual reports of individual entities for the years 2011-2013. The evaluation criterion is the result of an objective function, where if the value is equal to one, we consider the institution to be efficient, but if the value is 0, the institutions are deemed inefficient. An analysis showed relatively large differences in the efficiency among the individual institutions. There is therefore room for increased efficiency which can be achieved by implementing appropriately structured performance indicators.
Book: European Financial systems 2016. Proceedings of the 13th International Scientific Conference
- Page Range: 596-601
- Page Count: 6
- Publication Year: 2016
- Language: English
- Content File-PDF