Efficiency Analysis of Building Material Producers in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F23%3AN0100893" target="_blank" >RIV/71226401:_____/23:N0100893 - isvavai.cz</a>

Result on the web

<a href="https://mme2023.vse.cz/mme_2023_proceedings.pdf" target="_blank" >https://mme2023.vse.cz/mme_2023_proceedings.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Efficiency Analysis of Building Material Producers in the Czech Republic

Original language description

The construction industry is one of the key sectors of the Czech economy and is often considered as an important indicator of economic development. It is a sector that is very sensitive to the economic cycle, but usually reacts with a delay to significant fluctuations in the cycle. Demand for construction work and building materials is influenced by the situation on the labour market and the development of household disposable incomes or interest rates for housing finance, as well as by the price of building land. The supply of construction materials is mainly influenced by the production capacity of firms, the prices of construction materials and works, or expected market regulations. The situation in the building materials market has not received much attention in the available literature. Therefore, in this paper, we focus on the largest producers of building materials in the Czech Republic and the development of the efficiency of these firms in the year 2018based on 2 data sources and using DEA models.The aim is to analyse the efficiency of companies in the given year and to examine whether large and established companies performed better than small and medium-sized companies. At the same time, the aim is to see if we obtain similar results using different economic data from 2different sources. DEA models with 3 inputs 1 output, resp. 1 input and 3 outputs,used on 2sets of data showed that large companies are more efficient than small and medium companies in this sector.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 41st International Conference on Mathematical Methods in Economics

ISBN

978-80-11-04132-8

ISSN

2788-3965

e-ISSN

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Number of pages

7

Pages from-to

265-271

Publisher name

Czech Society for Operations Research

Place of publication

Prague

Event location

Prague University of Economics and Business

Event date

Sep 13, 2023

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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