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Sustainable development in the BRICS countries: an efficiency analysis by data envelopment
Authors:Naja Brandão Santana  Daisy Aparecida do Nascimento Rebelatto  Ana Elisa Périco  Enzo Barberio Mariano
Institution:1. Production Engineering Department, University of S?o Paulo, Trabalhador S?o-Carlense 400, S?o Carlos, SP 13566-590, Brazilnajabrandao@hotmail.com;3. Production Engineering Department, University of S?o Paulo, Trabalhador S?o-Carlense 400, S?o Carlos, SP 13566-590, Brazil;4. Economics Department, State University of S?o Paulo, Rodovia Araraquara-Jaú, Machados, Araraquara, SP 14800-901, Brazil;5. Production Engineering Department, State University of S?o Paulo, Engenheiro Luiz Edmundo C. Coube, 14-01, Bauru, SP 17033-360, Brazil
Abstract:There is much concern about the social and environmental impacts caused by the economic growth of nations. Thus, to evaluate the socio-economic performance of nations, economists have increasingly addressed matters related to social welfare and the environment. It is within the scope of this context that this work discusses the performance of countries in the BRICS group regarding sustainable development. The objective of this study regards evaluating the efficiency of these countries in transforming productive resources and technological innovation into sustainable development. The proposed objective was achieved by using econometric tools as well as the data envelopment analysis method to then create economic, environmental, and social efficiency rankings for the BRICS countries, which enabled to carry out comparative analyses on the sustainable development of those countries. The results of such assessments can be of interest for more specific scientific explorations.
Keywords:BRICS  data envelopment analysis  economic growth  efficiency  sustainable development
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