Assessment of Performance of Pharmaceutical Firms making Drugs for Specific Diseases Prevalent in India: A Data Envelopment Analysis Approach
DOI:
https://doi.org/10.24297/ijmit.v6i2.733Keywords:
Data envelopment Analysis (DEA), Pharmaceutical firms, Delphi technique, BCC model, Tobit regressionAbstract
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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