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Application of MABAC Method in Evaluation of Sector Efficiency in Serbia

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  • Radojko LUKIC

    (University of Belgrade)

Abstract

In recent times, as is well known, various methods of multi-criteria analysis are increasingly used in order to more accurately evaluate the efficiency of companies from all economic sectors. One of them is the MABAC method. Having this in mind, this paper analyzes the sectoral efficiency in Serbia on the basis of this method. The obtained results of the research of sectoral efficiency in Serbia on the basis of the MABAC method show to be in the first place in terms of efficiency of wholesale and retail trade, repair of motor vehicles and motorcycles. The following are: manufacturing, other activities, construction, electricity, gas, steam and air conditioning supply, information and communication, agriculture, forestry and fishing, transport and storage, mining, financial and insurance activities, accommodation and food services and water supply. The very nature of them significantly influences their positioning in terms of efficiency, especially in the conditions of the Covid-19 virus coronary virus. The impact of the Covid-19 coronary virus pandemic on the efficiency of wholesale and retail trade, repair of motor vehicles and motorcycles, for example, is negligible. It has been greatly mitigated with increased electronic sales. In contrast, transport and storage, banks and food and accommodation services have significantly felt the negative effect of the Covid-19 coronary virus pandemic on efficiency.

Suggested Citation

  • Radojko LUKIC, 2021. "Application of MABAC Method in Evaluation of Sector Efficiency in Serbia," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(3), pages 400-418, July.
  • Handle: RePEc:rom:rmcimn:v:22:y:2021:i:3:p:400-418
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    References listed on IDEAS

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    1. Nazli ERSOY, 2017. "Performance Measurement in Retail Industry By Using A Multi-Criteria Decision Making Methods," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 17(4), pages 539-551.
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    Cited by:

    1. Radojko Lukic & Blazenka Hadrovic Zekic, 2022. "Efficiency Analysis Of Trade Companies In Serbia Using The Aras Method," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 22, pages 105-119.
    2. Lukic RADOJKO, 2021. "Analysis Of Trade Efficiency In Serbia Based On The Promethee Method," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(4), pages 19-30, December.
    3. Radojko Lukic, 2022. "Analysis of Productivity of Distribution Trade of Selective Countries of the European Union, Russia and Serbia Based on the OCRA Method," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 65-79, March.

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    More about this item

    Keywords

    efficiency; determinants; sector analysis; Serbia; MABAC method.;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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