COMPARATIVE STUDY ON THE LEVEL OF EFFICIENCY AND ITS DETERMINANTS FOR THE MANUFACTURING INDUSTRY IN CENTRAL AND EASTERN EUROPE
In this article, we have used a stochastic frontier approach (SFA) in order to analyse the efficiency and determinants of the manufacturing firms from Central and Eastern Europe. The results reveal that firms from Poland, Czech Republic, Hungary have a higher efficiency than firms from Romania and Bulgaria. The evolution in time of the efficiency show that years 2008 and 2009 have brought a decrease of the efficiency’s index. This drop-off is caused by the global economic crisis that has reduced the demand and affected the turnover.
Year of publication: |
2013
|
---|---|
Authors: | Bianca, Mogoseanu Daniela |
Published in: |
Annals of University of Craiova - Economic Sciences Series. - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1223-365X. - Vol. 1.2013, 41, p. 186-196
|
Publisher: |
Facultatea de Economie şi Administrarea Afacerilor |
Subject: | efficiency | inefficiency determinants | manufacturing firms | performance | leverage |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
Bianca, Mogoseanu Daniela, (2013)
-
Vega, María Rossana Sánchez, (2011)
-
The corporate debt market: A firm-level panel study for India
Guha-Khasnobis, Basudeb, (2006)
- More ...
Similar items by person
-
Bianca, Mogoseanu Daniela, (2013)
- More ...