Decomposition of productivity and allocative efficiency in Serbian industry

FME Transactions

Dondur Nikola¹  Grbić Sonja¹  Pokrajac Slobodan¹  Spasojević-Brkić Vesna¹ 

[1] Faculty of Mechanical Engineering, Belgrade, Serbia;

关键词: multifactor productivity;    decomposition;    allocative efficiency;    transition;    deregulation;   

DOI  :  

来源: DOAJ

【 摘 要 】

In this paper on the sample of 567 enterprises, using the semi-parametric LP approach for estimation of multifactor productivity (MFP), the allocative efficiency was quantified by OP decomposition at the level of Serbia, of the selected regions and industrial sectors. In the observed period from 2005 to 2007, the privatised and new private-owned enterprises showed positive allocative efficiency or positive covariance between the participation in the market and factor productivity. Companies with higher productivity also had larger participation in the output market. The highest degree of allocative efficiency was recorded on the territory of Vojvodina and in terms of industrial sectors, in the tobacco industry, wood industry and metal-processing industry. Negative allocative efficiency, i.e. larger participation of the firms with low factor productivity in the output market was seen in the motor vehicle industry and electrical machinery production.

【 授权许可】

Unknown