Efficiency and productivity change across the economic sectors in Lithuania (2000–2010): the DEA–MULTIMOORA approach

2014-01-17
Efficiency and productivity change across the economic sectors in Lithuania (2000–2010): the DEA–MULTIMOORA approach

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.

Keywords: efficiency, productivity change, Malmquist productivity index, MULTIMOORA.

JEL Classification: C44, C61, D24, M21.

Baležentis, T.; Misiūnas, A.; Baležentis, A. 2013. Efficiency and productivity change across the economic sectors in Lithuania (2000-2010): the DEA-MULTIMOORA approach, Technological and Economic Development of Economy 19 (Supplement 1): S200-S222. doi:10.3846/20294913.2013.881431. [ISI Web of Science (& Master Journal List) by Thomson Reuters Services ( www.isinet.com ; www.scientific.thomsonreuters.com ); C.E.E.O.L; CSA - Cambridge Scientific Abstracts; EBSCOhost (Business Source Complete; Business Source Premier; Current Abstracts); Gale®; IndexCopernicus; IRBdirect (ICONDA (International CONstruction DAtabase - the CIB international database)); SCOPUS - Elsevier Bibliographic Databases; Summon TM; Ulrichsweb TM].

Leidžiama su Taylor&Francis.

doi:10.3846/20294913.2013.881431

2012 Impact Factor 3.224.