Efficiency of the Automotive Industry in the Visegrad Group

Kovárník Richard () and Michaela Staňková
Additional contact information
Kovárník Richard: Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Czech Republic

LOGI – Scientific Journal on Transport and Logistics, 2023, vol. 14, issue 1, 12-23

Abstract: This article assesses the production efficiency of automotive sector companies in the V4 countries. The automotive sector has undergone dramatic changes in recent years, and its future development is still unclear. The assessment of company efficiency thus represents an important tool that could support decision-making on the future of this sector. Unfortunately, comprehensive studies based on micro-data on companies are not yet available. This article evaluates production (technical) efficiency based on accounting data of individual companies in the V4 countries using the parametric method of stochastic frontier analysis. In these analyses, efficiency is examined not only from the point of view of a country but also with respect to the size of a company. The empirical results show that not only country but also the size of a company are factors that have a statistically significant effect on company efficiency. Small companies struggle to keep up with their competitor and in general have the lowest efficiency ratings.

Keywords: Automotive; company; efficiency; stochastic frontier analysis (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.2478/logi-2023-0002 (text/html)

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:vrs:logitl:v:14:y:2023:i:1:p:12-23:n:2

DOI: 10.2478/logi-2023-0002

Access Statistics for this article

LOGI – Scientific Journal on Transport and Logistics is currently edited by Rudolf Kampf

More articles in LOGI – Scientific Journal on Transport and Logistics from Sciendo
Bibliographic data for series maintained by Peter Golla ().