Technical efficiency of the Greek meatpacking industry in 1994-2007 Online publication date: Wed, 20-Aug-2014
by Ioanna Keramidou; Angelos Mimis; Aikaterini Fotinopoulou
International Journal of Business Performance Management (IJBPM), Vol. 13, No. 2, 2012
Abstract: The article employs a double-bootstrap data envelopment analysis to measure the technical efficiency of meatpacking companies in Greece and identify its determinants over the period of 1994-2007. The rationale for adopting this method is to yield bias-corrected efficiency scores of firms and robust inferences about its drivers. The empirical results indicate that the typical meatpacker of our sample operates with 89% efficiency and performance is higher for firms that are members of a group and adopt a strategy for increasing the skill of employees, while larger and older firms operate at lower efficiency.
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