Profit efficiency analysis under limited information with an application to German farm types

Cherchye, Laurens; Puyenbroeck, Tom Van

doi:10.1016/j.omega.2005.07.003

Cited by 24 publications

(7 citation statements)

References 39 publications

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“…The in-kind payments are made in the form of rent, farm products, meals, lodging, and so on (EC, 2009). (Reinhard et al, 2000;Cherchye and Van Puyenbroeck, 2007). These aggregated variables represent the sum of costs of various items used in agricultural production such as energy, fertilizer, feed, fuel, seed, machinery, pesticides, water and farming overheads.…”

Section: The Inputsmentioning

confidence: 99%

Using data envelopment analysis for the assessment of technical efficiency of units with different specialisations: An application to agriculture

Atıcı

Podinovski

2015

Omega

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Citation: ATICI, K.B. and PODINOVSKI, V.V., 2015. Using data envelopment analysis for the assessment of technical efficiency of units with different specialisations: an application to agriculture. Omega, 54, Additional Information:• This paper was accepted for publication in the journal AbstractIn this paper we consider the use of data envelopment analysis (DEA) for the assessment of efficiency of units whose output profiles exhibit specialisation. An example of this is found in agriculture where a large number of different crops may be produced in a particular region, but only a few farms actually produce each particular crop. Because of the large number of outputs, the use of conventional DEA models in such applications results in a poor efficiency discrimination. We overcome this problem by specifying production trade-offs between different outputs, relying on the methodology of Podinovski (2004). The main idea of our approach is to relate various outputs to the production of the main output. We illustrate this methodology by an application of DEA involving agricultural farms in different regions ofTurkey. An integral part of this application is the elicitation of expert judgements in order to formulate the required production trade-offs. Their use in DEA models results in a significant improvement of the efficiency discrimination. The proposed methodology should also be of interest to other applications of DEA where units may exhibit specialization, such as applications involving hospitals or bank branches.

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Section: The Inputsmentioning

confidence: 99%

Using data envelopment analysis for the assessment of technical efficiency of units with different specialisations: An application to agriculture

Atıcı

Podinovski

2015

Omega

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“…Lack of information could have a negative impact on profit maximisation (Cherchye and Puyenbroeck, 2007). Various information systems and technologies could be used to manage a supply chain and logistical operations.…”

Section: Introductionmentioning

confidence: 99%

“…The chain-chain competition has started to take over the enterprise-enterprise competition, although many 2 enterprise-enterprise competitions do exist particularly in the less developed economies. Greece has been a member of the European Union since the beginning of the 1980s, its geographical location invokes a strong strategic link with the other South East European countries in order to collaboratively increase their regional competitiveness, and thus is also included in this study.Lack of information could have a negative impact on profit maximisation (Cherchye and Puyenbroeck, 2007). Various information systems and technologies could be used to manage a supply chain and logistical operations.…”

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confidence: 99%

The use of information systems for logistics and supply chain management in South East Europe: Current status and future direction☆

Ketikidis¹,

Koh²,

Dimitriadis³

et al. 2008

Omega

118

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This research aims to investigate the current status and future direction of the use of Keywords: Supply chain management, information systems, logistics, South East Europe, policy making IntroductionThe globalisation market has stimulated the demand on the use of concepts, techniques, tools, systems, technologies, models and frameworks in enterprises for Logistics and Supply Chain Management (LSCM). This phenomenon is not surprising given that supply chain now has to compete with other supply chains (Koh et al, 2006). The chain-chain competition has started to take over the enterprise-enterprise competition, although many 2 enterprise-enterprise competitions do exist particularly in the less developed economies. Greece has been a member of the European Union since the beginning of the 1980s, its geographical location invokes a strong strategic link with the other South East European countries in order to collaboratively increase their regional competitiveness, and thus is also included in this study.Lack of information could have a negative impact on profit maximisation (Cherchye and Puyenbroeck, 2007). Various information systems and technologies could be used to manage a supply chain and logistical operations. It has been identified that the use of appropriate systems could lead to the creation of differential business value (Radhakrishnan et al, 2008). Unfortunately, little inter-country research could be identified that examines the adoption of these information systems and advanced technologies for supply chain and logistics management in South East Europe, and one that could lead to future policy making and strategic investment in the region. To this end, the study adopts the following aim and objectives. 4 2. Aim and objectivesThis research aims to investigate the current status and future direction of the use of information systems for LSCM in South East Europe. The objectives are threefold: (1) To identify major challenges and developments on the use of information systems for LSCM by enterprises, (2) To examine the actual level of satisfaction of current policy on LSCM, and (3) To reveal the actual need of enterprises in South East Europe on effective use of information systems for LSCM. Literature reviewThe supply chain concept is based on the formation of a value chain network consisting of individual functional entities committed to providing resources and information to achieve the objectives of efficient management of suppliers as well as the flow of parts (Lau and Lee, 2000). In the Business-to-Business (B2B) market, many suppliers have to be able to provide a level of delivery performance that is compatible with their corporate customers.Those suppliers that can provide such delivery performance could win the supply contract.The desired delivery performance can be achieved with effective and efficient use of an ERP system (Yusuf et al, 2004; Koh and Saad, 2006), which could provide better information flow in a supply chain under the conditions of skilled workforce (Dimitriadis and Koh...

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“…That is, the so-called 'Law of One Price' must hold, and price variation is allowed to the extent that it corrects for quality differences (see e.g. Cherchye and Van Puyenbroeck, 2007). Specifically (and as is the case in Flanders), wages should be uniform across municipalities (but can be different for different types of labour), municipalities should face the same market interest rates for capital expenditures, etc.…”

Section: Data Envelopment Analysis Techniquementioning

confidence: 99%

Wasteful waste-reducing policies? The impact of waste reduction policy instruments on collection and processing costs of municipal solid waste

et al. 2011

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Profit efficiency analysis under limited information with an application to German farm types

Cited by 24 publications

References 39 publications

Using data envelopment analysis for the assessment of technical efficiency of units with different specialisations: An application to agriculture

Using data envelopment analysis for the assessment of technical efficiency of units with different specialisations: An application to agriculture

The use of information systems for logistics and supply chain management in South East Europe: Current status and future direction☆

Wasteful waste-reducing policies? The impact of waste reduction policy instruments on collection and processing costs of municipal solid waste

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