THE INFLUENCE OF THE FIELD OF BUSINESS ON THE DEVELOPMENT OF PRODUCTIVITY IN SELECTED COMPANIES OF THE CZECH CHEMICAL INDUSTRY

Olga Kutnohorská (), Dana Strachotová (), Marek Botek () and Stanislava Grosová ()
Additional contact information
Olga Kutnohorská: University of Chemistry and Technology, Prague
Dana Strachotová: University of Chemistry and Technology, Prague
Marek Botek: University of Chemistry and Technology, Prague
Stanislava Grosová: University of Chemistry and Technology, Prague

No 14616447, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: This study analyzes the productivity of selected chemical industry companies in the Czech Republic through Data Envelopment Analysis (DEA). The selection of companies for analysis was based on the amount of turnover and also according to the field of business. The enterprises were grouped into groups of consumer chemistry, inorganic and organic commodity chemistry, qualified chemistry, technical gases, processing of plastics or rubbers, and distribution of raw materials. The Malmquist productivity index (MPI) was used to analyze changes in the productivity of companies, and the statistical significance of these indices was tested using the bootstrap method. This procedure helped identify the influence of various factors on the efficiency and productivity of companies, including the influence of the area of business. The study showed other possibilities of using this procedure. E.g. in the case of inclusion of environmental costs or investments in the field of the environment.

Keywords: Field of business; Chemical industry company; Data envelopment analysis; Malmquist productivity index; Bootstrapping; Financial statements (search for similar items in EconPapers)
JEL-codes: C10 D20 (search for similar items in EconPapers)
Pages: 1 page
New Economics Papers: this item is included in nep-eff and nep-env
References: Add references at CitEc
Citations:

Published in Proceedings of the Proceedings of the 64th International Academic Conference, Lisbon, Nov -0001, pages 63-63

Downloads: (external link)
https://iises.net/proceedings/iises-international- ... 46&iid=007&rid=16447 First version, 0000

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:14616447

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().