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:
54 views / 20 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

© 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.

Scroll to Top