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Mechanical Engineering: Medium-Sized Companies with Highest Savings Potential

Author

Listed:
  • Alexander S. Kritikos
  • Alexander Schiersch

Abstract

The German mechanical engineering industry, dominated by medium-sized companies, is greatly successful - both on the domestic and on the international market. A first analysis conducted by DIW Berlin reveals that this success cannot be attributed to a better exploitation of potential efficiencies - mechanical engineering is about as efficient as other key sectors (for instance the chemical industry). In fact, despite their obvious success medium-sized mechanical engineering businesses have larger savings potential than bigger companies and even than smaller enterprises in this industry.

Suggested Citation

  • Alexander S. Kritikos & Alexander Schiersch, 2010. "Mechanical Engineering: Medium-Sized Companies with Highest Savings Potential," Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 6(16), pages 121-125.
  • Handle: RePEc:diw:diwwrp:wr6-16
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    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.356689.de/diw_wr_2010-16.pdf
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    More about this item

    Keywords

    Data envelopment analysis; German engineering firms; Efficiency; Firm size;

    JEL classification:

    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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