EFFICIENCY OF MILK PROCESSING SECTOR – STOCHASTIC AND DETERMINISTIC APPROACH

Main Article Content

Sebastian Jarzębowski


Keywords : efficiency, milk processing enterprises, the DEA method, the SFA method
Abstract
In the paper the author considered estimation of efficiency, which measures the company’s ability to obtain the maximum output from given inputs. The comparison of results obtained by using two approaches: stochastic (on the example of the SFA method, Stochastic Frontier Analysis) and deterministic (on the example of the DEA method, Data Envelopment Analysis) has been carried out. In the paper the data from the companies of important food processing sector in Poland, namely the milk processing sector, was used. The analysis covered the period 2006–2010, the sample covered from 103 up to 160 enterprises (depending on the year analyzed).

Article Details

How to Cite
Jarzębowski, S. (2013). EFFICIENCY OF MILK PROCESSING SECTOR – STOCHASTIC AND DETERMINISTIC APPROACH. Annals of Agricultural Economics and Rural Development, 100(3), 132–140. https://doi.org/10.22630/RNR.2013.100.3.44
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