Technical efficiency of the food and drink industry and its determinants
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F21%3AN0000009" target="_blank" >RIV/00027251:_____/21:N0000009 - isvavai.cz</a>
Result on the web
<a href="https://www.agriculturejournals.cz/web/agricecon.htm?type=article&id=93_2021-AGRICECON" target="_blank" >https://www.agriculturejournals.cz/web/agricecon.htm?type=article&id=93_2021-AGRICECON</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.17221/93/2021-AGRICECON" target="_blank" >10.17221/93/2021-AGRICECON</a>
Alternative languages
Result language
angličtina
Original language name
Technical efficiency of the food and drink industry and its determinants
Original language description
This study focuses on evaluating the technical efficiency (TE) of food and drink companies in the Czech Republic and on finding its determinants. The analysis is based on the data of 597 firms and uses the stochastic frontier method. We have identified the key players in the market and the less effective groups of processors. Foreign-owned companies have a strong position because of a better economy, but the results showed that their efficiency is comparable with that of Czech-owned companies. The results helped confirm that the size of the company influences its TE. The lowest efficiency was observed in small companies. TE also differed among branches of the food industry. The highest efficiency was in the bakery and milk industries, and the lowest efficiency was in fruit and vegetable processing. Subsidised firms reached a significantly higher efficiency. With respect to economic results, there is still a need to improve competitiveness through investments.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Agricultural Economics
ISSN
0139-570X
e-ISSN
1805-9295
Volume of the periodical
67
Issue of the periodical within the volume
10
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
14
Pages from-to
409–422
UT code for WoS article
000711841100003
EID of the result in the Scopus database
2-s2.0-85121789510