Scale elasticity and technical efficiency analysis in the European forest sector: a stochastic value-based approach

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dc.authoridAllahviranloo, Tofigh/0000-0002-6673-3560
dc.authoridAmirteimoori, Alireza/0000-0003-4160-8509
dc.authoridZadmirzaei, Majid/0000-0002-7235-9720
dc.authorwosidAllahviranloo, Tofigh/V-4843-2019
dc.authorwosidzadmirzaei, majid/AGD-9608-2022
dc.authorwosidAmirteimoori, Alireza/I-7703-2019
dc.contributor.authorAmirteimoori, Alireza
dc.contributor.authorAllahviranloo, Tofigh
dc.contributor.authorZadmirzaei, Majid
dc.date.accessioned2024-05-19T14:39:56Z
dc.date.available2024-05-19T14:39:56Z
dc.date.issued2023
dc.departmentİstinye Üniversitesien_US
dc.description.abstractThis paper is the first to examine both technical efficiency and scale elasticity of the forest sector across different European (EU) regions in an uncertain environment. In doing so, a dataset from 29 EU forest sectors have been collected; where the input and output data have been assumed to be random while their prices (or importance weights) were known. A chance-constrained data envelopment analysis approach was derived from several directional value-based models aimed at evaluating technical efficiency in the first stage. The results indicated that the number of efficient EU forest sectors were reduced substantially with extremely weak efficiency dispersion (about 18%), and the total average technical efficiency scores were moderately reduced by 0.74 as well. However, in the second stage, the findings of the modified cost/revenue-based scale elasticity model interestingly revealed that almost 7% of the EU forest sectors are in increasing returns to scale regions, which means they are still attractive acquisition targets and have the opportunity to increase the level of outputs and shift to the fully efficient border and finally increase their overall efficiency. As the major conclusion, all of our applied stochastic data envelopment analysis models (specially the cost/revenue-based approach) have high discriminating power in order to clearly distinguish the efficiency of the EU forest sector.en_US
dc.identifier.doi10.1007/s10342-023-01589-2
dc.identifier.endpage1311en_US
dc.identifier.issn1612-4669
dc.identifier.issn1612-4677
dc.identifier.issue6en_US
dc.identifier.scopus2-s2.0-85163666817en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage1293en_US
dc.identifier.urihttps://doi.org10.1007/s10342-023-01589-2
dc.identifier.urihttps://hdl.handle.net/20.500.12713/4878
dc.identifier.volume142en_US
dc.identifier.wosWOS:001017775800001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofEuropean Journal of Forest Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240519_kaen_US
dc.subjectChance-Constrained Programmingen_US
dc.subjectStochastic Data Envelopment Analysisen_US
dc.subjectRisk Management In European Forest Sectoren_US
dc.subjectScale Elasticityen_US
dc.titleScale elasticity and technical efficiency analysis in the European forest sector: a stochastic value-based approachen_US
dc.typeArticleen_US

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