IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v22y2021i3p400-418.html
   My bibliography  Save this article

Application of MABAC Method in Evaluation of Sector Efficiency in Serbia

Author

Listed:
  • Radojko LUKIC

    (University of Belgrade)

Abstract

In recent times, as is well known, various methods of multi-criteria analysis are increasingly used in order to more accurately evaluate the efficiency of companies from all economic sectors. One of them is the MABAC method. Having this in mind, this paper analyzes the sectoral efficiency in Serbia on the basis of this method. The obtained results of the research of sectoral efficiency in Serbia on the basis of the MABAC method show to be in the first place in terms of efficiency of wholesale and retail trade, repair of motor vehicles and motorcycles. The following are: manufacturing, other activities, construction, electricity, gas, steam and air conditioning supply, information and communication, agriculture, forestry and fishing, transport and storage, mining, financial and insurance activities, accommodation and food services and water supply. The very nature of them significantly influences their positioning in terms of efficiency, especially in the conditions of the Covid-19 virus coronary virus. The impact of the Covid-19 coronary virus pandemic on the efficiency of wholesale and retail trade, repair of motor vehicles and motorcycles, for example, is negligible. It has been greatly mitigated with increased electronic sales. In contrast, transport and storage, banks and food and accommodation services have significantly felt the negative effect of the Covid-19 coronary virus pandemic on efficiency.

Suggested Citation

  • Radojko LUKIC, 2021. "Application of MABAC Method in Evaluation of Sector Efficiency in Serbia," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(3), pages 400-418, July.
    • Handle: RePEc:rom:rmcimn:v:22:y:2021:i:3:p:400-418
    as

    Download full text from publisher

    File URL: https://www.rmci.ase.ro/no22vol3/09.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nazli ERSOY, 2017. "Performance Measurement in Retail Industry By Using A Multi-Criteria Decision Making Methods," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 17(4), pages 539-551.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Radojko Lukic & Blazenka Hadrovic Zekic, 2022. "Efficiency Analysis Of Trade Companies In Serbia Using The Aras Method," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 22, pages 105-119.
    2. Lukic RADOJKO, 2021. "Analysis Of Trade Efficiency In Serbia Based On The Promethee Method," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(4), pages 19-30, December.
    3. Radojko Lukic, 2022. "Analysis of Productivity of Distribution Trade of Selective Countries of the European Union, Russia and Serbia Based on the OCRA Method," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 65-79, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Radojko LUKIC, 2023. "Analysis of the Trade Performance of the European Union and Serbia on the Base of FF-WASPAS and WASPAS Methods," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(2), pages 228-250, May.
    2. Radojko LUKIĆ, 2023. "Measurement and Analysis of Dynamics of Financial Performance and Efficiency of Trade in Serbia Using Iftopsis and Topsis Methods," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(2), pages 201-219, June.
    3. Lei-Yi Peng & Hong Xu & Jia Lu & Jian-Ji Luo & Hui-Hua Zhan, 2022. "An Integrated Approach with CLFPR-Based ANP and Fuzzy TOPSIS for Evaluating Business Performance of Rural Homestays: Study from China," Sustainability, MDPI, vol. 15(1), pages 1-24, December.
    4. Radojko LUKIC, 2022. "Measurement and Analysis of the Dynamics of Financial Performance and Efficiency of Trade in Serbia Based on the DEA Super-Radial Model," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(5), pages 630-645, December.
    5. Radojko LUKIC, 2021. "Application Of Electre Method In Performance Analysis Of Food Retailers In Serbia," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(3), pages 84-102, September.
    6. Lukic Radojko, 2022. "Employee Costs Of Distribution Trade Of The European Union And Serbia," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(3), pages 60-76, September.
    7. Radojko Lukic & Blazenka Hadrovic Zekic, 2022. "Efficiency Analysis Of Trade Companies In Serbia Using The Aras Method," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 22, pages 105-119.
    8. Radojko LUKIC, 2022. "Analysis of Kosovo and Metohija Trade Performance," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(3), pages 379-391, October.
    9. Radojko LUKIC, 2022. "Analysis of Investment Efficiency of Distribution Trade of Selective Countries of the European Union and Serbia on the Basis of Trust Method," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(3), pages 382-399, July.
    10. Lukic RADOJKO, 2021. "Analysis Of Trade Efficiency In Serbia Based On The Promethee Method," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(4), pages 19-30, December.
    11. Radojko Lukic, 2022. "Analysis of Productivity of Distribution Trade of Selective Countries of the European Union, Russia and Serbia Based on the OCRA Method," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 65-79, March.

    More about this item

    Keywords

    efficiency; determinants; sector analysis; Serbia; MABAC method.;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:22:y:2021:i:3:p:400-418. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.