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《Commercial Research》 2015-08
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An Analysis of Comprehensive Efficiency and Input Pure-Efficiency in the Futures Markets of China

ZHOU Wei;ZHANG Cheng;International Business School,Yunnan University of Finance and Economics;  
Based on the data envelopment analysis( DEA) model and the input indicator effectiveness evaluation( IIEE) model,this paper takes an empirical analysis with the continuous contract data of the 16 kinds of futures from2010 to 2014. The result demonstrates all the operational comprehensive efficiencies of the futures markets in China are high and suitable,while the input pure-efficiency is much higher,which means that the inputs are relatively insufficient and the benchmark price should be raised in these futures markets.
【Fund】: 国家自然科学基金青年项目 项目编号:71301141;; 教育部人文社会科学研究青年基金项目 项目编号:13YJC630247;; 云南省科技厅科学计划项目 项目编号:2013FD029;; 云南财经大学引进人才“科研启动费”资助项目 项目编号:YC2013D29;; 云南省教育厅科学研究基金重点项目 项目编号:2014Z100;; 云南省中青年学术技术带头人后备人才培养项目 项目编号:2014HB014
【CateGory Index】: F724.5
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