Dynamic versus static inefficiency assessment of the Polish meat-processing industry in the aftermath of the European Union integration and financial crisis

Magdalena Kapelko

Abstract

This paper assesses the dynamic inefficiency of the Polish meat-processing industry during the period between 2004 and 2012. This study employs also a comparison of dynamic with static inefficiency measures to address the importance of accounting for adjustment costs when measuring a firm's inefficiency. Dynamic and static cost inefficiencies and their decomposition into technical, allocative, and scale inefficiency are derived using Data Envelopment Analysis (DEA). Results show that firms’ low levels of dynamic cost inefficiency are mainly due to dynamic allocative inefficiency rather than technical and scale inefficiency. The 2008 financial crisis appears to hamper firms’ dynamic technical performance, but has also a positive influence on the dynamic allocative and scale inefficiencies. We further show that the average static measures tend to underestimate all inefficiency components compared to dynamic counterparts
Author Magdalena Kapelko (MISaF / IZM / KL)
Magdalena Kapelko,,
- Katedra Logistyki
Journal seriesAgribusiness, ISSN 0742-4477, e-ISSN 1520-6297, (A 25 pkt)
Issue year2017
Vol33
No4
Pages505-521
Publication size in sheets0.8
DOIDOI:10.1002/agr.21515
URL http://onlinelibrary.wiley.com/doi/10.1002/agr.21515/full
Languageen angielski
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Kapelko_Dynamic_versus_ static_ inefficiency2017.pdf 272,63 KB
Score (nominal)25
ScoreMinisterial score = 25.0, 04-02-2019, ArticleFromJournal
Ministerial score (2013-2016) = 25.0, 04-02-2019, ArticleFromJournal
Publication indicators Scopus Citations = 2; WoS Impact Factor: 2017 = 1.147 (2) - 2017=1.206 (5); WoS Citations = 2
Citation count*3 (2019-12-06)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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