Applying Data Envelopment Analysis and Grey Model for the Productivity Evaluation of Vietnamese Agroforestry Industry

Chia-Nan Wang, Han-Sung Lin, Hsien-Pin Hsu, Le Van-Tinh and Tsung-Fu Lin
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Chia-Nan Wang: Department of Industrial Engineering and Management, Fortune University, Kaohsiung 83158, Taiwan
Han-Sung Lin: Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences, Kaohsiung 80778, Taiwan
Hsien-Pin Hsu: Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences, Kaohsiung 80778, Taiwan
Le Van-Tinh: Department of Supply Chain Management, National Kaohsiung Marine University, Kaohsiung 80778, Taiwan
Tsung-Fu Lin: Department of Management Information Systems, National Chengchi University, Taipei 11605, Taiwan

Sustainability, 2016, vol. 8, issue 11, 1-15

Abstract: Agriculture and forestry play important roles in Vietnam, particularly as they contribute to the creation of food, conservation of forest resources, and improvement of soil fertility. Therefore, understanding the performances of relevant enterprises in this field contributes to the sustainable development of this country’s agroforestry industry. This research proposes a hybrid model, which includes a grey model (GM) and a Malmquist productivity index (MPI), to assess the performances of Vietnamese agroforestry enterprises over several time periods. After collecting the data of selected input and output variables for 10 Vietnam agroforestry enterprises in the period of 2011–2014, GM is used to forecast the future values of these input and output variables for the 10 agroforestry enterprises in 2015 and 2016. Following the results of GM, the MPI is used to measure the performance of these enterprises. The MPI scores showed some enterprises will become more efficient, while others will become less efficient. The proposed model gives past–present–future insights in order for decision-makers to sustain agroforestry development in Vietnam. This hybrid approach can be applied to performance analysis of other industries as well.

Keywords: DEA; MPI; GM; performance; agroforestry (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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