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Decomposition of productivity and allocative efficiency in Serbian industry

dc.creatorDondur, Nikola
dc.creatorPokrajac, Slobodan
dc.creatorSpasojević Brkić, Vesna
dc.creatorGrbić, Sonja
dc.date.accessioned2022-09-19T16:43:48Z
dc.date.available2022-09-19T16:43:48Z
dc.date.issued2011
dc.identifier.issn1451-2092
dc.identifier.urihttps://machinery.mas.bg.ac.rs/handle/123456789/1296
dc.description.abstractNa uzorku od 567 preduzeća koristeći poluparametrijski LP pristup određivanja multifaktorske produktivnosti (MFP) u radu je OP dekompozicijom kvantifikovana alokativna efikasnost na nivou Srbije, izabranih regiona i industrijskih sektora. U posmatranom periodu 2005 - 2007 privatizovana i nova privatna preduzeća pokazala su pozitivnu alokativnu efikasnost odnosno pozitivnu kovarijaciju učešća na tržištu i faktorske produktivnosti. Preduzeća sa većom produktivnošću su imala i veća učešća na tržištu autputa. Najveća alokativna efikasnost je zabeležena na području Vojvodine, a od industrijskih sektora u industriji duvana, drvnoj industriji i industriji prerade metala. Negativna alokativna efikasnost odnosno veće učešće na tržištu autputa firmi sa niskom faktorskom produktivnošću utvrđena je u industriji motornih vozila i proizvodnji električnih mašina.sr
dc.description.abstractIn this paper on the sample of 567 enterprises, using the semi-parametric LP approach for estimation of multifactor productivity (MFP), the allocative efficiency was quantified by OP decomposition at the level of Serbia, of the selected regions and industrial sectors. In the observed period from 2005 to 2007, the privatised and new private-owned enterprises showed positive allocative efficiency or positive covariance between the participation in the market and factor productivity. Companies with higher productivity also had larger participation in the output market. The highest degree of allocative efficiency was recorded on the territory of Vojvodina and in terms of industrial sectors, in the tobacco industry, wood industry and metal-processing industry. Negative allocative efficiency, i.e. larger participation of the firms with low factor productivity in the output market was seen in the motor vehicle industry and electrical machinery production.en
dc.publisherUniverzitet u Beogradu - Mašinski fakultet, Beograd
dc.rightsopenAccess
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.sourceFME Transactions
dc.subjecttransitionen
dc.subjectmultifactor productivityen
dc.subjectderegulationen
dc.subjectdecompositionen
dc.subjectallocative efficiencyen
dc.titleDekompozicija produktivnosti i alokativna efikasnost u industriji Srbijesr
dc.titleDecomposition of productivity and allocative efficiency in Serbian industryen
dc.typearticle
dc.rights.licenseBY
dc.citation.epage78
dc.citation.issue2
dc.citation.other39(2): 73-78
dc.citation.rankM51
dc.citation.spage73
dc.citation.volume39
dc.identifier.fulltexthttp://machinery.mas.bg.ac.rs/bitstream/id/250/1293.pdf
dc.identifier.rcubhttps://hdl.handle.net/21.15107/rcub_machinery_1296
dc.identifier.scopus2-s2.0-84859509800
dc.type.versionpublishedVersion


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