Efficiency and productivity change across the economic sectors in lithuania (2000–2010)

The DEA–MULTIMOORA approach

Tomas Baležentis, Algimantas Misiūnas, Alvydas Baležentis

Research output: Contribution to journalArticle

11 Citations (Scopus)

Abstract

Reasonable strategic management requires the complex assessment of the regulated area. This study, thus, presents a multi-criteria framework for frontier assessment of efficiency and productivity across the Lithuanian economic sectors throughout 2000–2010. The data envelopment analysis was employed to estimate efficiency in terms of an output indicator (value added) and input indicators (intermediate consumption, capital consumption, and remunerations). Furthermore, the decomposition of the Malmquist productivity index enabled to describe the impact of frontier shifts and catch-up effect on the overall change in efficiency. The multi-criteria decision making method MULTIMOORA aggregated different indicators of efficiency and productivity and thus resulted in the ranking of the economic sectors. The analysis suggests that services sector was the most efficient one, whereas manufacturing was second best. Certain branches of manufacturing, namely pharmaceutical, wood, food, and furniture industry, were rather efficient.

Original languageEnglish
Pages (from-to)S191-S213
JournalTechnological and Economic Development of Economy
Volume19
DOIs
Publication statusPublished - Jan 28 2014

Fingerprint

Lithuania
Economic sectors
Efficiency change
Productivity change
Remuneration
Manufacturing
Productivity
Data envelopment analysis
Catch-up
Pharmaceuticals
Food industry
Multicriteria decision-making
MULTIMOORA
Strategic management
Malmquist productivity index
Multi-criteria
Intermediate inputs
Ranking
Service sector
Value added

Keywords

  • Efficiency
  • Malmquist productivity index
  • MULTIMOORA
  • Productivity change

ASJC Scopus subject areas

  • Finance

Cite this

Efficiency and productivity change across the economic sectors in lithuania (2000–2010) : The DEA–MULTIMOORA approach. / Baležentis, Tomas; Misiūnas, Algimantas; Baležentis, Alvydas.

In: Technological and Economic Development of Economy, Vol. 19, 28.01.2014, p. S191-S213.

Research output: Contribution to journalArticle

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