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ARTÍCULO
TITULO

Measuring the efficiency in the use oil royalties: an application of data envelopment analysis

Rosa María Armenta Vergara    
Carlos Alberto Barreto Nieto    
William Orlando Prieto Bustos    

Resumen

This paper evaluates and analyzes the relationship between royalty direct and the minimum coverage hit by oil-producing municipalities for the period 2007-2008, using the methodology of data envelopment analysis. This methodology has been implemented in different studies that evaluate the efficiency in government, but in Colombia there is no evidence of its use in managing the transfersof exploitation oil. The results show an average pure technical efficiency of 24 %for 2007 and 19,6%in 2008, in the four models analyzed, of which it is concluded that few municipalities with an efficient performance in terms of management of the royalties.

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