Technical efficiency of the Greek meatpacking industry in 1994-2007

Ioanna Keramidou (), Angelos Mimis and Aikaterini Fotinopoulou

International Journal of Business Performance Management, 2012, vol. 13, issue 2, 127-138

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. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbpma:v:13:y:2012:i:2:p:127-138

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