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Heterogeneity in Technology and Efficiency – Specifics of the Food Processing Industry in the Visegrád Countries

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  • Cechura, Lukas
  • Hockmann, Heinrich

Abstract

The paper analyses the food processing industry in Visegrád countries. In particular, it deals with the analysis of heterogeneity in technology and efficiency. The introduced theoretical framework allows to capture inter- and intrasectoral differences in technology as well as the country specifics. The results show that both intersectoral heterogeneity and heterogeneity among firms are an important characteristic of EU food processing industry. Moreover, the country specific effects were pronounced for Czech, Hungarian and Polish dairy sector, Czech feedstuff sector, Polish, Hungarian and Slovak slaughtering sector. Moreover, we found that on average the food processing companies highly exploit their production possibilities. However, some food processing companies are falling behind. This holds for Slaughtering and Dairy sector in all Visegrád countries.

Suggested Citation

  • Cechura, Lukas & Hockmann, Heinrich, 2014. "Heterogeneity in Technology and Efficiency – Specifics of the Food Processing Industry in the Visegrád Countries," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182662, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae14:182662
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    File URL: http://ageconsearch.umn.edu/record/182662/files/Cechura-Heterogeneity_in_technology_and_efficiency___specifics-488_a.pdf
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    References listed on IDEAS

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    1. anonymous, 1995. "Does the bouncing ball lead to economic growth?," Regional Update, Federal Reserve Bank of Atlanta, issue Jul, pages 1-2,4-6.
    2. Cechura, Lukas & Hockmann, Heinrich, 2011. "Efficiency and Heterogeneity in Czech Food Processing Industry," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114314, European Association of Agricultural Economists.
    3. Robert J. Barro, 2013. "Inflation and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
    4. Raushan Bokusheva & Heinrich Hockmann, 2006. "Production risk and technical inefficiency in Russian agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 33(1), pages 93-118, March.
    5. Lukáš Čechura & Heinrich Hockmann, 2010. "Sources of Economical Growth in the Czech Food Processing," Prague Economic Papers, University of Economics, Prague, vol. 2010(2), pages 169-182.
    6. Fare, Rolf & Grosskopf, Shawna & Zaim, Osman, 2002. "Hyperbolic efficiency and return to the dollar," European Journal of Operational Research, Elsevier, vol. 136(3), pages 671-679, February.
    7. Xavier Sala-I-Martin, 1997. "Transfers, Social Safety Nets, and Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 81-102, March.
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    Keywords

    Productivity Analysis;

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