Decomposition of productivity and allocative efficiency in Serbian industry
In this paper on the sample of 567 enterprises, using the semi-parametric LP approach for estimation of multifactor productivity (MFP), the allocative efficiency was quantified by OP decomposition at the level of Serbia, of the selected regions and industrial sectors. In the observed period from 200...
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| Format: | Article |
| Language: | English |
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University of Belgrade - Faculty of Mechanical Engineering, Belgrade
2011-01-01
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| Series: | FME Transactions |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1451-2092/2011/1451-20921102073D.pdf |
| _version_ | 1828931211259543552 |
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| author | Dondur Nikola Pokrajac Slobodan Spasojević-Brkić Vesna Grbić Sonja |
| author_facet | Dondur Nikola Pokrajac Slobodan Spasojević-Brkić Vesna Grbić Sonja |
| author_sort | Dondur Nikola |
| collection | DOAJ |
| description | In this paper on the sample of 567 enterprises, using the semi-parametric LP approach for estimation of multifactor productivity (MFP), the allocative efficiency was quantified by OP decomposition at the level of Serbia, of the selected regions and industrial sectors. In the observed period from 2005 to 2007, the privatised and new private-owned enterprises showed positive allocative efficiency or positive covariance between the participation in the market and factor productivity. Companies with higher productivity also had larger participation in the output market. The highest degree of allocative efficiency was recorded on the territory of Vojvodina and in terms of industrial sectors, in the tobacco industry, wood industry and metal-processing industry. Negative allocative efficiency, i.e. larger participation of the firms with low factor productivity in the output market was seen in the motor vehicle industry and electrical machinery production. |
| first_indexed | 2024-12-14T00:43:22Z |
| format | Article |
| id | doaj.art-bf9b2c058b854efe8c925b6a32baf4e1 |
| institution | Directory Open Access Journal |
| issn | 1451-2092 2406-128X |
| language | English |
| last_indexed | 2024-12-14T00:43:22Z |
| publishDate | 2011-01-01 |
| publisher | University of Belgrade - Faculty of Mechanical Engineering, Belgrade |
| record_format | Article |
| series | FME Transactions |
| spelling | doaj.art-bf9b2c058b854efe8c925b6a32baf4e12022-12-21T23:24:15ZengUniversity of Belgrade - Faculty of Mechanical Engineering, BelgradeFME Transactions1451-20922406-128X2011-01-0139273781451-20921102073DDecomposition of productivity and allocative efficiency in Serbian industryDondur Nikola0Pokrajac Slobodan1Spasojević-Brkić Vesna2https://orcid.org/0000-0003-4642-3482Grbić Sonja3Faculty of Mechanical Engineering, Belgrade, SerbiaFaculty of Mechanical Engineering, Belgrade, SerbiaFaculty of Mechanical Engineering, Belgrade, SerbiaFaculty of Mechanical Engineering, Belgrade, SerbiaIn this paper on the sample of 567 enterprises, using the semi-parametric LP approach for estimation of multifactor productivity (MFP), the allocative efficiency was quantified by OP decomposition at the level of Serbia, of the selected regions and industrial sectors. In the observed period from 2005 to 2007, the privatised and new private-owned enterprises showed positive allocative efficiency or positive covariance between the participation in the market and factor productivity. Companies with higher productivity also had larger participation in the output market. The highest degree of allocative efficiency was recorded on the territory of Vojvodina and in terms of industrial sectors, in the tobacco industry, wood industry and metal-processing industry. Negative allocative efficiency, i.e. larger participation of the firms with low factor productivity in the output market was seen in the motor vehicle industry and electrical machinery production.https://scindeks-clanci.ceon.rs/data/pdf/1451-2092/2011/1451-20921102073D.pdfmultifactor productivitydecompositionallocative efficiencytransitionderegulation |
| spellingShingle | Dondur Nikola Pokrajac Slobodan Spasojević-Brkić Vesna Grbić Sonja Decomposition of productivity and allocative efficiency in Serbian industry FME Transactions multifactor productivity decomposition allocative efficiency transition deregulation |
| title | Decomposition of productivity and allocative efficiency in Serbian industry |
| title_full | Decomposition of productivity and allocative efficiency in Serbian industry |
| title_fullStr | Decomposition of productivity and allocative efficiency in Serbian industry |
| title_full_unstemmed | Decomposition of productivity and allocative efficiency in Serbian industry |
| title_short | Decomposition of productivity and allocative efficiency in Serbian industry |
| title_sort | decomposition of productivity and allocative efficiency in serbian industry |
| topic | multifactor productivity decomposition allocative efficiency transition deregulation |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1451-2092/2011/1451-20921102073D.pdf |
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