PRODUCTION AND MARKETING EFFICIENCY OF PATCHOULI OIL INDUSTRY IN INDONESIA

E. ERNAWATI

Ph.D Scholar in Economics, Faculty of Economics and Business, Universitas Syiah Kuala (USK), Atsiri Research Center-Pusat Unggulan Iptek Perguruan Tinggi (ARC-PUIPT) Nilam Aceh, USK, Indonesia

minaraqi@yahoo.com

Raja MASBAR

Professor, Faculty of Economics and Business, Universitas Syiah Kuala (USK), Indonesia

raja.masbar53@gmail.com

M. Shabri Abd. MAJID*

Professor, Faculty of Economics and Business, Universitas Syiah Kuala (USK), Indonesia

 mshabri@unsyiah.ac.id

*Corresponding author

Abd. JAMAL

Associate Professor, Faculty of Economics and Business, Universitas Syiah Kuala (USK), Indonesia

abdjamal@unsyiah.ac.id

Abstract

This study aims to empirically measure and analyse the production and marketing efficiency of the patchouli oil industry in Aceh, Indonesia. The study uses primary data collected from 120 patchouli farmers and analysed using the Data Envelopment Analysis (DEA) approach. The results showed that, on average, the patchouli oil production and marketing efficiency levels were in the moderate-eficient and the low-efficient categories, respectively. The patchouli farmers have great opportunities to improve their production and marketing efficiency by optimising the use of proper inputs’ combinations and agricultural intensification technologies.

Keywords: Production efficiency, Marketing efficiency, Agricultural technology, DEA

JEL classification: D24, C14, Q13

 pp. 135-148

read more

MEASURING THE EFFICIENCY AND PRODUCTIVITY CHANGE OF MUNICIPALITIES:EMPIRICAL EVIDENCE FROM GREEK MUNICIPALITIES OVER THE TIME PERIOD 2013-2016

Ifigeneia-Dimitra POUGKAKIOTI

Ph.D. cand. University of Thessaly, Lamia, Greece

pougakioti.ifigenia@gmail.com

Constantinos TSAMADIAS

Emeritus Professor, School of Environment, Geography and Applied Economics Harokopio University, Athens, Greece

ctsamad@hua.gr

Abstract

This paper investigates the relative efficiency and productivity change of municipalities of Greece (regions of Thessaly and Central Greece), during the period 2013–2016. It implements Data Envelopment Analysis (D.E.A.) and Malmquist analysis. Additionally it estimates the effects of the environmental factors on the efficiency using Regression Analysis. The empirical analysis reveals that efficiency and productivity values have gradually improved after the latest reform of Local Government and under restrictive fiscal policy. Τhe average efficiency under constant or variable returns to scale is 0.772 and 0.878 respectively and the mean scale efficiency is 0.883. The total factor productivity has risen by an annual average of 3.3% relatively to the base year 2013. Environmental variables such as type of municipality and population density had a statistically significant positive effect on efficiency. The results of the empirical analysis are consistent to the findings from studies that concern European and other countries. The findings provide benchmarks for policy evaluation and suggestions for region-based approaches.

Keywords: Greek municipalities, efficiency, productivity, DEA, Malmquist analysis

JEL classification: C14, J48, P41, P43

read more

ALBANIAN BANKING EFFICIENCY ANALYSIS: A PRODUCTION DEA APPROACH – COMPARISION OF CRS AND VRS MODEL

Erjola BARBULLUSHI (SAKTI)

University of Shkodra “Luigj Gurakuqi”, Economic Faculty, Finance-Accounting Department,
Sheshi 2 Prilli, Rektorati, postal code 4001, Shkoder, Albania
esakti@unishk.edu.al
(corresponding author)

Orfea DHUCI

University of Tirana, Faculty of Economy, Finance Department, Rr. Elbasanit, Tirane, Albania
odhuci@alpha.gr

Abstract

For performance evaluation purposes of economic entity one should consider different aspects of its activity. In case of banks this objective is quite difficult since they offer a wide range of services and the activities performed are such complex.  Researchers all over the world have adopted different approaches and techniques for bank evaluation from different point of view: from shareholder`s or regulators. From the literature review we cannot observe the most preferred approach implemented for this purpose. Last years the economic models , parametric and non-parametric approaches have gained much interest in the field. In this study we propose a non-parametric approach for bank evaluation known as Data Envelopment Analysis (DEA). Shortly, here in it is presented the DEA background and its development from the original work of Charnes, Cooper and Rhodes (1978), followed by a literature review on the implementation of this approach in the banking sector in the region and more. Third, there are discussed some important issues on adoption of DEA in banking sector followed by its implementation in Albanian Banks for 14 out of 16 banks, for the period  from 2006-2013. We found that larger and smaller size banks can be either efficient and the inefficiencies are found also from different capital ownership.

Keywords: efficiency, DEA, production approach, CRS, VRS, Albanian banks

JEL classification: G210
read more