The Use of Recycled Wood as a Factor in Production Efficiency of Manufacturers in V4 Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925260" target="_blank" >RIV/62156489:43110/24:43925260 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/62156489:43410/24:43925260

Výsledek na webu

<a href="https://doi.org/10.5552/crojfe.2024.2395" target="_blank" >https://doi.org/10.5552/crojfe.2024.2395</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5552/crojfe.2024.2395" target="_blank" >10.5552/crojfe.2024.2395</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The Use of Recycled Wood as a Factor in Production Efficiency of Manufacturers in V4 Countries

Popis výsledku v původním jazyce

This article deals with a quantitative assessment of the production efficiency of wood-processing enterprises in the V4 countries. Efficiency was calculated through a non-parametric method of data envelopment analysis. This method allows the construction of an efficiency frontier without having to make any assumptions about its shape. The analyses are based on the financial statements of individual companies from 2018 to 2021. Efficiency assessments are therefore based on the actual performance of individual companies (i.e., quantities of output, costs, and capital). This micro perspective allows us to examine differences in efficiency not only by country but also by company size. A total of 10 companies have been selected in the V4 countries that can be identified as actively using recycled material in their production. The results of our empirical analyses show that this group of }}recyclers(( performs better than other market players in terms of median efficiency. Even in 2020, which can be marked as the beginning of the Covid-19 pandemic, overall, these companies had better results. Our results also show that the efficiency is significantly affected by company size (which is also reflected in economies of scale).

Název v anglickém jazyce

The Use of Recycled Wood as a Factor in Production Efficiency of Manufacturers in V4 Countries

Popis výsledku anglicky

This article deals with a quantitative assessment of the production efficiency of wood-processing enterprises in the V4 countries. Efficiency was calculated through a non-parametric method of data envelopment analysis. This method allows the construction of an efficiency frontier without having to make any assumptions about its shape. The analyses are based on the financial statements of individual companies from 2018 to 2021. Efficiency assessments are therefore based on the actual performance of individual companies (i.e., quantities of output, costs, and capital). This micro perspective allows us to examine differences in efficiency not only by country but also by company size. A total of 10 companies have been selected in the V4 countries that can be identified as actively using recycled material in their production. The results of our empirical analyses show that this group of }}recyclers(( performs better than other market players in terms of median efficiency. Even in 2020, which can be marked as the beginning of the Covid-19 pandemic, overall, these companies had better results. Our results also show that the efficiency is significantly affected by company size (which is also reflected in economies of scale).

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

10102 - Applied mathematics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

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

Název periodika

Croatian Journal of Forest Engineering

ISSN

1845-5719

e-ISSN

1848-9672

Svazek periodika

45

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

HR - Chorvatská republika

Počet stran výsledku

13

Strana od-do

433-445

Kód UT WoS článku

001277221400017

EID výsledku v databázi Scopus

2-s2.0-85211153825