Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/215781 
Year of Publication: 
2010
Citation: 
[Journal:] Prague Economic Papers [ISSN:] 1210-0455 [Volume:] 19 [Issue:] 2 [Publisher:] University of Economics [Place:] Prague [Year:] 2010 [Pages:] 169-182
Publisher: 
University of Economics, Prague
Abstract: 
The paper attempts to assess the development path of the Czech food processing and to identify the presence of idiosyncratic developments in industries. We elaborate it by using a fitted production function for the construction of TFP and by decomposing TFP into a scale effect, a technical change effect and an efficiency effect for total food processing and its selected branches. The results suggest that despite more than one decade of transition, serious adjustment problems exist, including problems on the capital market. Furthermore, contrary to the large differences among firms in the whole sample, the various sectors are rather homogeneous. TFP shows that although individual sectors have a few frontrunners, the majority of companies perform quite poorly. The scale effect is relatively small in food processing. Technical change has contributed positively to TFP in recent years, and the efficiency effect varies rather strongly. Whereas scale effect and technical change have a similar pattern across industries, the efficiency effect differs significantly. There is also some indication that the efficiency effect is affected by different sources. Finally, in addition to systemic effects, industry developments are characterized by idiosyncratic factors, especially in the Dairy industry.
Subjects: 
Czech Republic
food processing
transition
TFP (Total Factor Productivity)
efficiency
SFA (Stochastic Frontier Analysis)
JEL: 
D24
O12
P27
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article
Document Version: 
Published Version

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