Evaluating the Level of Competency of Applying the Knowledgebased Economy in the MENA Countries Using DEA (2015-2019)

Abstract

 This paper aims to assess the level of competency of applying the knowledge-based economy in MENA countries, where institutions, human capital and research, infrastructure, and business development are the main indicators of a knowledge-based economy in our research. An input to the model while the per capita GDP is an output of the model. Our dataset includes data for 14 countries over a period of 5 years, 2015-2019, providing 70 observations. The main results show that the application of KEB indicators is acceptable in some countries and that Egypt is the best in this area, when Algeria is the worst.