Technical Efficiency of Serbian Vegetable Oil Processing Industry

Authors

  • Sanja Titin PhD student
  • Rade Popović University of Novi Sad, Faculty of Economics
  • Marija Jeremić University of Novi Sad, Faculty of Economics

DOI:

https://doi.org/10.46541/978-86-7233-443-2_490

Keywords:

technical efficiency, vegetable oil, DEA method, Serbia

Abstract

The objective of this paper is to analyse the technical efficiency of the sunflower oil production sector in the Republic of Serbia using Data Envelopment Analysis – DEA methodology. The analysis is conducted on representative sample of 10 companies classified under code 1041- Production of vegetable oil and fats. The study utilized data for the year 2023. Results provide insight into how firm size affect the technical efficiency of oil producers. In addition the analysis identifies key sources of inefficiency, most commonly stemming from suboptimal utilization of inputs such as raw material, energy, labor and others

Published

2025-12-04

How to Cite

Titin, S., Popović, R. ., & Jeremić, M. . (2025). Technical Efficiency of Serbian Vegetable Oil Processing Industry. International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management, 232-239. https://doi.org/10.46541/978-86-7233-443-2_490

Issue

2025: Proceedings of the 30th International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management

Section

Articles