Efficiency Analysis of Building Material Producers in the Czech Republic

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Efficiency Analysis of Building Material Producers in the Czech Republic

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Efficiency Analysis of Building Material Producers in the Czech Republic

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

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

Název statě ve sborníku

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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Počet stran výsledku

7

Strana od-do

265-271

Název nakladatele

Czech Society for Operations Research

Místo vydání

Prague

Místo konání akce

Prague University of Economics and Business

Datum konání akce

13. 9. 2023

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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