Title: Technical efficiency of the Greek meatpacking industry in 1994-2007

Authors: Ioanna Keramidou; Angelos Mimis; Aikaterini Fotinopoulou

Addresses: Department of Economic and Regional Development, Panteion University of Social and Political Sciences, Sygrou Avenue 136, Athens 17671, Greece. ' Department of Economic and Regional Development, Panteion University of Social and Political Sciences, Sygrou Avenue 136, Athens 17671, Greece. ' Department of Economic and Regional Development, Panteion University of Social and Political Sciences, Sygrou Avenue 136, Athens 17671, Greece

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.

Keywords: efficiency determinants; efficiency measures; data envelopment analysis; double-bootstrap DEA; meatpacking industry; Greece; technical efficiency.

DOI: 10.1504/IJBPM.2012.046197

International Journal of Business Performance Management, 2012 Vol.13 No.2, pp.127 - 138

Received: 14 Apr 2011
Accepted: 08 Jul 2011

Published online: 25 Mar 2012 *

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