ECONOMIC AND ENVIRONMENTAL EFFICIENCY OF THE METAL INDUSTRY IN EUROPEAN COUNTRIES

1 WYSOKIŃSKI Marcin
Co-authors:
1 BARAN Joanna
Institution:
1 Warsaw University of Life Sciences, Warsaw, Poland, joanna_baran@sggw.pl, marcin_wysokinski@sggw.pl, joanna_baran@sggw.pl
Conference:
27th International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, May 23rd - 25th 2018
Proceedings:
Proceedings 27th International Conference on Metallurgy and Materials
Pages:
2121-2127
ISBN:
978-80-87294-84-0
ISSN:
2694-9296
Published:
24th October 2018
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
25 views / 9 downloads
Abstract

The article specifies the economic and environmental efficiency in the metal industry in individual EU countries in 2015. The study applies Data Envelopment Analysis (DEA), which is a non-parametric method based on production theory and the principles of linear programming. It enables one to assess how efficiently a firm, organization, country, or such other decision making unit (DMU) uses the available inputs to generate a set of outputs relative to other units in the data set. The analysis gives a possibility to create a ranking of countries. The results point out the reasons of the inefficiency and provide improving directions for the inefficient Decision Making Units.

Keywords: efficiency, environment, metal industry, Data Envelopment Analysis, Europe
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