Performance measurement is essential in all sectors of the national economies.
Still, it is especially true for agriculture, as more efficient farming is becoming
increasingly
important to provide the population with adequate food.
The study examines the performance of Hungarian agricultural companies in Romania.
There were selected a total of 5,390 companies for the analysis database, of which
3,789
were from Romania and 1,601 from Hungary. In the performance analysis, the efficiency
of
companies was examined between 2018 and 2020 using the Data Envelopment Analysis
method.
Based on the results, it can be concluded that Romanian agricultural companies operate
with statistically significantly lower efficiency. However, it can also be seen that
the average
efficiency of businesses is very low considering both countries.
Low performance is also observed considering the averages of the sub-sector efficiency
coefficients. There is not a single year in which the average efficiency coefficient
in any
sector exceeds 50%. On the other hand, the Oilseed and Grain Farming sub-sector analysis
shows that the proportion of companies with an efficiency coefficient below 50% is
very
high, especially in Romania. Similar findings can be made for the Poultry and Egg
Production subsector.
Further research is needed to explore the causes of low efficiencies of agriculture
companies more accurately
