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Technical efficiency of the Greek meatpacking industry in 1994-2007


  • Ioanna Keramidou
  • Angelos Mimis
  • Aikaterini Fotinopoulou


The article employs a double-bootstrap data envelopment analysis to measure the technical efficiency of meatpacking companies in Greece and identify its determinants over the period of 1994-2007. The rationale for adopting this method is to yield bias-corrected efficiency scores of firms and robust inferences about its drivers. The empirical results indicate that the typical meatpacker of our sample operates with 89% efficiency and performance is higher for firms that are members of a group and adopt a strategy for increasing the skill of employees, while larger and older firms operate at lower efficiency.

Suggested Citation

  • Ioanna Keramidou & Angelos Mimis & Aikaterini Fotinopoulou, 2012. "Technical efficiency of the Greek meatpacking industry in 1994-2007," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 13(2), pages 127-138.
  • Handle: RePEc:ids:ijbpma:v:13:y:2012:i:2:p:127-138

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    References listed on IDEAS

    1. Edward J. McGavin & Leroy B. Schwarz & James E. Ward, 1993. "Two-Interval Inventory-Allocation Policies in a One-Warehouse N-Identical-Retailer Distribution System," Management Science, INFORMS, vol. 39(9), pages 1092-1107, September.
    2. Stephen C. Graves, 1996. "A Multiechelon Inventory Model with Fixed Replenishment Intervals," Management Science, INFORMS, vol. 42(1), pages 1-18, January.
    3. Steven Nahmias & Stephen A. Smith, 1994. "Optimizing Inventory Levels in a Two-Echelon Retailer System with Partial Lost Sales," Management Science, INFORMS, vol. 40(5), pages 582-596, May.
    4. Hau L. Lee & V. Padmanabhan & Seungjin Whang, 1997. "Information Distortion in a Supply Chain: The Bullwhip Effect," Management Science, INFORMS, vol. 43(4), pages 546-558, April.
    5. Favaretto, Daniela & Pesenti, Raffaele & Ukovich, Walter, 2001. "Discrete frequency models for inventory management - an introduction," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 331-342, May.
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