PRODUCTIVITY AND EFFICIENCY OF US METAL INDUSTRY IN 2006-2014

1 BARAN Joanna
Co-authors:
1 ROKICKI Tomasz
Institution:
1 Warsaw University of Life Sciences, Warsaw, Poland, EU, joanna_baran@sggw.pl, tomasz_rokicki@sggw.pl
Conference:
24th International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, June 3rd - 5th 2015
Proceedings:
Proceedings 24th International Conference on Metallurgy and Materials
Pages:
1841-1846
ISBN:
978-80-87294-58-1
ISSN:
2694-9296
Published:
12th January 2015
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
298 views / 131 downloads
Abstract

The article presents efficiency and productivity analysis of US metal industry in 2006-2014. The main purpose of this paper is to compare the efficiency of 6 sectors manufacturing metal products in US. The study applies the Malmquist Productivity Index (MPI), which was used to analyze changes in metal industry productivity. The study indicated that technological progress had a greater impact on the change in productivity of metal industry in US than changes in technical efficiency. Meanwhile, the highest average index of changes in MPI during the period was achieved by metal pipe and tube manufacturing.

Keywords: efficiency, productivity, metal industry, Malmquist Productivity Index

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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