Technical efficiency of Serbian dairy processing industry

Serbian dairy processing sector is passing through significant structural changes in last couple decades. Concentration, vertical coordination and integration become a main characteristics. The main goal of the paper is to explore technical efficiency of 91 Serbian dairy processors in sample by non-...

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Main Authors: Popović Rade, Panić Dalibor
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2018-01-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2018/0352-34621802569P.pdf
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author Popović Rade
Panić Dalibor
author_facet Popović Rade
Panić Dalibor
author_sort Popović Rade
collection DOAJ
description Serbian dairy processing sector is passing through significant structural changes in last couple decades. Concentration, vertical coordination and integration become a main characteristics. The main goal of the paper is to explore technical efficiency of 91 Serbian dairy processors in sample by non-parametric method Data envelopment analysis. Data were collected from financial reports of dairy companies in 2015. All dairy companies were divided in 4 groups: micro, small, middle and big. The empirical results indicate that 16.5% of companies were technically efficient. This study shows that efficient companies exist across all size groups, and while small companies suffer from input inefficiency and insufficient size of business, the bigger companies are over invested.
first_indexed 2024-12-10T23:27:50Z
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language English
last_indexed 2024-12-10T23:27:50Z
publishDate 2018-01-01
publisher Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
record_format Article
series Ekonomika Poljoprivrede (1979)
spelling doaj.art-2d32acaf98db4288962b0230017c95f52022-12-22T01:29:30ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532018-01-016525695810352-34621802569PTechnical efficiency of Serbian dairy processing industryPopović Rade0Panić Dalibor1University of Novi Sad, Faculty of Economics, SuboticaUniversity of Novi Sad, Faculty of Economics, SuboticaSerbian dairy processing sector is passing through significant structural changes in last couple decades. Concentration, vertical coordination and integration become a main characteristics. The main goal of the paper is to explore technical efficiency of 91 Serbian dairy processors in sample by non-parametric method Data envelopment analysis. Data were collected from financial reports of dairy companies in 2015. All dairy companies were divided in 4 groups: micro, small, middle and big. The empirical results indicate that 16.5% of companies were technically efficient. This study shows that efficient companies exist across all size groups, and while small companies suffer from input inefficiency and insufficient size of business, the bigger companies are over invested.https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2018/0352-34621802569P.pdfdairyprocessorsefficiencyDEASerbia
spellingShingle Popović Rade
Panić Dalibor
Technical efficiency of Serbian dairy processing industry
Ekonomika Poljoprivrede (1979)
dairy
processors
efficiency
DEA
Serbia
title Technical efficiency of Serbian dairy processing industry
title_full Technical efficiency of Serbian dairy processing industry
title_fullStr Technical efficiency of Serbian dairy processing industry
title_full_unstemmed Technical efficiency of Serbian dairy processing industry
title_short Technical efficiency of Serbian dairy processing industry
title_sort technical efficiency of serbian dairy processing industry
topic dairy
processors
efficiency
DEA
Serbia
url https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2018/0352-34621802569P.pdf
work_keys_str_mv AT popovicrade technicalefficiencyofserbiandairyprocessingindustry
AT panicdalibor technicalefficiencyofserbiandairyprocessingindustry