Technical Efficiency of Food Processing Firms in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F14%3A65753" target="_blank" >RIV/60460709:41110/14:65753 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Technical Efficiency of Food Processing Firms in the Czech Republic
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 efficicency. Takinginto account the fact that firm heterogeneity can influence estimation results, we used ?True? fixed and random effects models without as well as with heteroscedasticity. Using stochastic frontier analysis and z-test we verified that all variables (capital, labour, material and dummy-variable for testing differences in efficiency through the crisis period ) have statistically significant impact on firms outputs (only TRE model without heteroscedasticity demonstrated insignificance of dummy-varible). Frequency of efficiency distribution showed that 50% of firms have efficiency level about 70%.
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Think Together 2014, Doktorská vědecká konference
ISBN
978-80-213-2522-7
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
1-7
Publisher name
Neuveden
Place of publication
Praha, ČZU
Event location
ČZU, PEF
Event date
Feb 3, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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