Estimation of Technical Efficiency of Food Processing Firms in the Czech Republic over the crisis period

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F14%3A64552" target="_blank" >RIV/60460709:41110/14:64552 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Estimation of Technical Efficiency of Food Processing Firms in the Czech Republic over the crisis period
Original language description
The aim of this paper is to estimate technical efficiency of food processing firms in the Czech Republic based on panel data from years 2005?2011 and find out whether crisis, started at the year 2008, had significant impact on technical efficiency. Taking into account the fact, that firm heterogeneity can influence estimation results, we used ?True? random effects model without as well as with heteroscedasticity assumption. For empirical study unbalanced panel data set contained 3,889 observations of 839 food processing Czech companies was used. The data set represents 9 branches of food processing industry, 14 regions of the Czech Republic. Using stochastic frontier analysis and z-test we verified that in most cases variables (capital, labour, material and dummy-variable for testing differences in efficiency through the crisis period) have statistically significant impact on the firms? output.
Czech name
—
Czech description
—

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
32nd International Conference on Mathematical Methods in Economics 2014
ISBN
978-80-244-4209-9
ISSN
—
e-ISSN
—
Number of pages
6
Pages from-to
867-872
Publisher name
Palacký University, Olomouc
Place of publication
Olomouc
Event location
Olomouc
Event date
Sep 10, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
—

Similar results(10)