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Assessing the Technical Efficiency of European Companies in the Automotive Sector

Author

Listed:
  • Kovárník Richard

    (Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Czech Republic)

  • Staňková Michaela

    (Mendel University in Brno, Faculty of Business and Economics, Department of Statistics and Operation Analysis, Zemědělská 1, 613 00 Brno, Czech Republic)

Abstract

This article deals with the assessment of the technical efficiency of the automotive industry in European countries. Unlike other studies, the paper will focus on international comparisons of efficiency while taking account company size. The analysis is thus based on the accounting data of individual companies. The content of the analysis covers the period between 2015 and 2019. In total, companies from 20 European countries shall be analysed. The results show that the level of efficiency in this sector is related to the size of the enterprise. In general, small enterprises turn out to be the least efficient. However, there is also a difference in the level of efficiency in the different size groups of enterprises depending on their geographical location, where in general, irrespective of the size category, Ukrainian enterprises appear to perform worst.

Suggested Citation

  • Kovárník Richard & Staňková Michaela, 2023. "Assessing the Technical Efficiency of European Companies in the Automotive Sector," LOGI – Scientific Journal on Transport and Logistics, Sciendo, vol. 14(1), pages 251-262, January.
    • Handle: RePEc:vrs:logitl:v:14:y:2023:i:1:p:251-262:n:20
    DOI: 10.2478/logi-2023-0023
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    References listed on IDEAS

    as
    1. Noor Aini Khalifah, 2013. "Ownership and technical efficiency in Malaysia's automotive industry: A stochastic frontier production function analysis," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 22(4), pages 509-535, June.
    2. Frondel, Manuel & Vance, Colin, 2010. "Fixed, random, or something in between? A variant of Hausman's specification test for panel data estimators," Economics Letters, Elsevier, vol. 107(3), pages 327-329, June.
    3. Huichen Jiang & Liyan Han & Yongbin Ding & Yifan He, 2018. "Operating Efficiency Evaluation of China Listed Automotive Firms: 2012–2016," Sustainability, MDPI, vol. 10(1), pages 1-22, January.
    4. Kovárník Richard & Staňková Michaela, 2023. "Efficiency of the Automotive Industry in the Visegrad Group," LOGI – Scientific Journal on Transport and Logistics, Sciendo, vol. 14(1), pages 12-23, January.
    5. repec:zbw:rwirep:0160 is not listed on IDEAS
    6. Zhang Yu & Muhammad Umar & S. Abdul Rehman, 2022. "Adoption of technological innovation and recycling practices in automobile sector: under the Covid-19 pandemic," Operations Management Research, Springer, vol. 15(1), pages 298-306, June.
    7. Ritwik Mazumder & Maniklal Adhikary, 2010. "Measuring Technical Efficiency in the Indian Automobile Industry," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 11(1), pages 53-67, March.
    8. Zheng Fei & Li L. Z, 2018. "The Analysis for the Scale and Efficiency of China¡¯s Major Automotive Enterprises Based on DEA Model," Journal of Mathematics Research, Canadian Center of Science and Education, vol. 10(2), pages 129-139, April.
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