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The Efficiency Improvement of Central European Corporate Milk Processors in 2008 - 2013

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  • Špička, Jindřich

Abstract

The aim of the article is to evaluate the technical efficiency improvement of the Czech, Polish and Slovak corporate milk processors in the period 2008 – 2013 to identify the possible source of low competitiveness of the Czech and Slovak milk processors towards Poland. The analysis was based on individual data of 130 milk processors (NACE 10.51). The sample covers medium-sized and large companies only. Deflated data on sales, material and energy costs, staff costs and depreciation were used as output and inputs for efficiency calculation. The DEA method was used for calculation of technical efficiency, Malmquist index estimated the efficiency change in time. Two-sample t-test and the analysis of variance enhanced by Sheffe’s test verified the statistical hypotheses. The results proved that the Czech and Slovak milk processors had lower efficiency improvement than Polish companies. Investment activity did not significantly affect the efficiency improvement. The Czech and Slovak milk processors should effectively use quite big amount of public subsidies from the Rural Development Programme in the period 2014 – 2020 to improve the efficiency since the Polish companies outstripped the Czech and Slovak companies in the period 2007 - 2013.

Suggested Citation

  • Špička, Jindřich, 2015. "The Efficiency Improvement of Central European Corporate Milk Processors in 2008 - 2013," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 7(4), pages 1-14, December.
    • Handle: RePEc:ags:aolpei:231946
    DOI: 10.22004/ag.econ.231946
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    4. Štefan Bojnec & Imre Fertő & Attila Jámbor & József Tóth, 2014. "Determinants of technical efficiency in agriculture in new EU member states from Central and Eastern Europe," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 64(2), pages 197-217, June.
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    Cited by:

    1. Piotr Borawski & Beata Kalinowska & Bartosz Mickiewicz & Andrzej Parzonko & Bogdan Klepacki & James Willam Dunn, 2021. "Changes in the Milk Market in the United States on the Background of the European Union and the World," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 1010-1033.
    2. Ingrida Košičiarová & Zdenka Kádeková & Mária Holotová & Ľubica Kubicová & Kristína Predanocyová, 2020. "Consumer Preferences in the Content of Loyalty to the Yoghurt Brand," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 12(1), March.
    3. Lukáš Čechura & Zdeňka Žáková Kroupová, 2021. "Technical Efficiency in the European Dairy Industry: Can We Observe Systematic Failures in the Efficiency of Input Use?," Sustainability, MDPI, vol. 13(4), pages 1-19, February.
    4. Špička, Jindřich & Kontsevaya, S. R., 2016. "Differences of Financial Management Strategy of Central European and Russian Milk Processors," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 8(1), pages 1-14, March.
    5. Andrea GERGELY & Andrea RÓZSA, 2018. "Investigation Of Equity Risk Premium In Hungarian Food Industry," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 16, pages 7-19, May.
    6. Ľubica Kubicová & Kristína Predanocyová & Zdenka Kádeková, 2019. "Factors Affecting the Demand for Milk and Dairy Products in the Slovak Republic," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 11(4), December.

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