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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

32nd International Conference on Mathematical Methods in Economics 2014

ISBN

978-80-244-4209-9

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

867-872

Název nakladatele

Palacký University, Olomouc

Místo vydání

Olomouc

Místo konání akce

Olomouc

Datum konání akce

10. 9. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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