APPLICATION OF DATA ENVELOPMENT ANALYSIS TO MEASURE THE EFFICIENCY OF THE METAL PRODUCTION SECTOR IN EUROPE

1 LENORT Radim
Co-authors:
2 BARAN Joanna 2 WYSOKIŃSKI Marcin
Institutions:
1 VSB - Technical University of Ostrava, Ostrava, Czech Republic, EU, radim.lenort@vsb.cz
2 Warsaw University of Life Sciences, Warsaw, Poland, EU, joanna_baran@sggw.pl; marcin_wysokinski@sggw.pl
Conference:
23rd International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, May 21 - 23, 2014
Proceedings:
Proceedings 23rd International Conference on Metallurgy and Materials
Pages:
1795-1802
ISBN:
978-80-87294-52-9
ISSN:
2694-9296
Published:
18th June 2014
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
342 views / 155 downloads
Abstract

The main purpose of this paper is to compare the efficiency of sector manufacturing base metal in 25 European countries. The study applies Data Envelopment Analysis (DEA), which is a non-parametric method based on production theory and the principles of linear programming. It enables one to assess how efficiently a firm, organization, country, or such other Decision Making Unit (DMU) uses the available inputs to generate a set of outputs relative to other units in the data set. This article presents the use the input-oriented CCR and BCC model, to determine overall technical efficiency, pure technical efficiency and scale efficiency of sector manufacturing base metal in European countries. The analysis gives a possibility to create a ranking of counties. The results point out the reasons of the inefficiency and provide improving directions for the inefficient Decision Making Units..

Keywords: efficiency, manufacture of base metal, Data Envelopment Analysis

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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