The Relationship between Financial Investment and Malmquist Productivity Index Based on Data Envelopment Analysis in Network Structure (Case Study: Tehran Metro Stations)

Subject Areas : Journal of Investment Knowledge

Ali Mohammad Gholiha ¹ , Farhad Hosseinzadeh Lotfi ² , Mohammadreza Shahriari ³ , Mohsen Vaez-Ghsemi ⁴

1 - Department of Industrial Management, UAE Branch, Islamic Azad University
2 - Department Of Mathematics, Science and Research Branch, Islamic Azad University, Tehran, Iran
3 - Associated Professor, Department of Management, South Tehran Branch, Islamic Azad University, UAE Branch, Dubai, UAE
4 - Department of Mathematics, Rasht Branch, Islamic Azad University, Rasht, Iran.

Received: 2019-09-08 Accepted : 2019-11-02 Published : 2021-12-22

Keywords: progress and regress, Data Envelopment Analysis, Financial Investment, Two-Stage Structure, Metro Station,

Abstract :

Evaluation of Tehran metro stations based on multiple indices has been studied in this paper. Subway stations have always been considered one of the service centers. Considering that the design and construction of the metro station focuses on the creation of infrastructure, facilities and equipment and then the operational part uses it for the first service, it therefore has two stages of construction and operation. Data envelopment analysis with two-step structure is designed for this topic. The data were collected over five years and attacked four Tehran metro stations. Based on the results of the designed model, the progress and remission of all stations were calculated at each stage and its relationship with financial investment in each metro station was investigated.

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