Browse

After the global crisis, the attention paid to resource utilization and cost efficiency have been an issue in a massive body of research. On the macroeconomic level, one could be interested in efficiency of the transformation of standard inputs capital and labour into an output, usually GDP. Non-parametrical way of productivity analysis helps to avoid assumption as to specific type of production function building deterministic production frontier. In the paper, data envelopment analysis approach is employed to det...