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Relation between the Efficiency of Public Forestry Firms and Subsidies: The Swiss Case

In: Operations Research Proceedings 2011

Author

Listed:
  • Bernur Açıkgçz Ersoy

    (Celal Bayar University)

  • J. Alexander K. Mack

    (Bern University of Applied Sciences)

Abstract

This study is an empirical analysis of the productive efficiency of public forestry firms in Switzerland. Because of the available database, the period under examination extends from 1998 to 2006, and is based on a balanced panel of 100 firms. We inquire whether public subsidies exert any significant impact on the efficiency of these firms. In order to determine the productive efficiency, a nonparametric method (DEA) is applied. Panel unit root tests and panel cointegration technique are employed to establish the long-run relationship between efficiency and selected variables. Results show that subsidies had a positive influence on technical efficiency.

Suggested Citation

  • Bernur Açıkgçz Ersoy & J. Alexander K. Mack, 2012. "Relation between the Efficiency of Public Forestry Firms and Subsidies: The Swiss Case," Operations Research Proceedings, in: Diethard Klatte & Hans-Jakob Lüthi & Karl Schmedders (ed.), Operations Research Proceedings 2011, edition 127, pages 121-126, Springer.
  • Handle: RePEc:spr:oprchp:978-3-642-29210-1_20
    DOI: 10.1007/978-3-642-29210-1_20
    as

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