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Performance Of The Greek Fish Farming Sector: Technical Efficiency Evaluation Via Data Envelopment Analysis

Author

Listed:
  • MAVROMMATI, Athanasia
  • TSIOUNI, Maria
  • KONTOGEORGOS, Achilleas
  • CHATZITHEODORIDIS, Fotios

Abstract

The main objective of the current paper is the efficiency analysis of firms in fish sector in Greece using the data envelopment analysis (DEA) under economic instability. For our purpose, DEA models were applied to evaluate the technical efficiency and competitiveness among firms in the sector. The used financial data were regarding to the years 2010–2016, (stress period where the Greek economic crisis was to the peak) with respectively constant and variable returns to scale models, the empirical analysis shows the differences in the efficiency performance of the firms in Greek aquaculture. Research finding indicates that several firms in the sector don’t reach technical and scale efficiency and need interventions to restructure their resources usage.

Suggested Citation

  • MAVROMMATI, Athanasia & TSIOUNI, Maria & KONTOGEORGOS, Achilleas & CHATZITHEODORIDIS, Fotios, 2022. "Performance Of The Greek Fish Farming Sector: Technical Efficiency Evaluation Via Data Envelopment Analysis," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 22(1), pages 5-18.
  • Handle: RePEc:eaa:eerese:v:22:y2022:i:1_1
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    More about this item

    Keywords

    Efficiency; data envelopment analysis; economic crisis; fish farming; Greece;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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