摘要
本文采用数据包络分析方法(DEA)对我国在2003年之前成立的17只开放式基金的相对运营效率进行实证分析。结果发现:债券型基金总体平均运营效率最高,表现稳健,而混合型基金效率一般,股票型基金介于两者之间;大部分基金由于风险控制能力较差,业绩波动太大,导致较低的运营效率。
This study uses data envelopment analysis （DEA） to evaluate the operational efficiency of 50 Chinese open-end funds. The result shows that bond funds have the maximum and stable average efficiency, hybrid funds make poor efficiency and equity funds range between them. Most open-end funds own lower operational with bigger volatility in performance due to their poor control on risk.
出处
《特区经济》
北大核心
2009年第5期98-100,共3页
Special Zone Economy
关键词
开放式基金
运营效率
数据包络分析
open-end fund
operational efficiency
data envelopment analysis
