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Journal of Applied Sciences

Year: 2011 | Volume: 11 | Issue: 6 | Page No.: 971-979
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Authors

Ioanna Keramidou

Angelos Mimis

Evangelia Pappa

Keywords

Research Article

Estimating Technical and Scale Efficiency of Meat Products Industry: The Greek Case

Ioanna Keramidou, Angelos Mimis and Evangelia Pappa
The pure technical and scale efficiency of the Greek meat products industry were analyzed over the period of 1994-2007. For this purpose, a bootstrapped data envelopment analysis is applied. The results revealed the presence of inefficiencies in sample firms, as well as a trend of increasing the inefficiencies during the study period. The high rate of growth of prepared meats domestic production and the Greece's integration into European Economic and Monetary Union, since 2001, did not seem to influence the performance of domestic manufacturers of prepared meats. The main sources of inefficiency were related to mismanagement and the excess usage of capital. Furthermore, firm size did not have any effect on the efficiency of our sample firms, as small productive units enjoyed advantages of conductive low costs, through the use of cost low family labour. Some policy applications can be derived from these findings. Knowing the best practices can help managers to apply new methods to decrease the costs and excess inputs usage, following its benchmarks, as well as the implementation of adequate policies by institutions.
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