Mechanical Engineering: Medium-Sized Companies with Highest Savings Potential

Alexander Kritikos and Alexander Schiersch

Weekly Report, 2010, vol. 6, issue 16, 121-125

Abstract: The German mechanical engineering industry, dominated by medium-sized companies, is greatly successful - both on the domestic and on the international market. A first analysis conducted by DIW Berlin reveals that this success cannot be attributed to a better exploitation of potential efficiencies - mechanical engineering is about as efficient as other key sectors (for instance the chemical industry). In fact, despite their obvious success medium-sized mechanical engineering businesses have larger savings potential than bigger companies and even than smaller enterprises in this industry.

Keywords: Data envelopment analysis; German engineering firms; Efficiency; Firm size (search for similar items in EconPapers)
JEL-codes: C40 L60 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwrp:wr6-16

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