Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE
Yıl: 2020 Cilt: 18 Sayı: TBMM 100. Yıl Özel Sayısı Sayfa Aralığı: 85 - 98 Metin Dili: İngilizce DOI: 10.18026/cbayarsos.525794 İndeks Tarihi: 18-12-2020
Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE
Öz: The main purpose of this study is to analyze the efficiencyand total factor productivity (MTFP) ofthe12defenseindustriesinNATOandthe EUROZONEwiththedataofthe2013-2017period.GDP,defense expenditures, import for the defenseindustry and logistics performance index were used as input variables; while total sales and export values of defense industry were used as output variables in accordance with the data acquired from World Bank (WB) and SIPRI. Static DEA and MTFP wereapplied to data. According to findings of the CCR models; the USA, UK, France, Germany, Spain, andNetherland were observed as efficient DMUs in all years; whereas the other six countries were inefficient ones. Additionally, according to BCC model, only Turkeyand Canada wereobserved as inefficient ones for five years. MTFP analysis revealed that Turkey and Germany were the two countries experiencing TFPin all periods.
Anahtar Kelime: Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
- Arnade, C. (1994). Using Data Envelopment Analysis to Measure International Agricultural Efficiency and Productivity, United States Department of Agriculture Technical Bulletin, No: 1831.
- Bakırcı, F., Shiraz, S.E. and Sattary, A. (2014). Financial Performance Analysis of Iron, SteelMetal Industry Sector Companies in the BIST: DEA Super Efficiency and TOPSISMethods, Ege AcademicReview,14 (1), 9-19.
- Bakırcı, F., Bayrak, R. and Önal, S. (2016). Total Factor Productivity in Defense Industry, Atatürk University Journal of Economics and Administrative Sciences, 30(4), 751-768.
- Banker, R.D. (1992). Estimation of Returns to Scale Using Data Envelopment Analysis, European Journal of Operational Research, 62 (1), ss.74-84.
- Bayrak, R., Bakırcı, F. and Sarıkaya, M. (2016). Efficiency Analysis with DEA in Defense Industry, Journal of Entrepreneurship and Development, 10 (2), 26-50.
- Benoit, E. (1978). Growth and Defence in Developing Countries, Economic Developnıent and Cultural Change, 26 (2), 271-280.
- Charnes, A., Cooper, W.W. and Rhodes, E. (1978). Measuring the Effıciency of Decision-Making Units, European Journal of Operational Research, 2 (6), 429-444.
- Changjun, Y. and Qiaoyue, L. (2014). The Study of The Performance of Manufacturing Enterprises Cross-Border M&A in China Based on super-efficiency DEA, Journal of Chemical and Pharmaceutical Research, 6 (5), 1942-1945.
- Chenery, H.B. (1960). Patterns of Industrial Growth, The American EconomicReview, 50(4): s.624-654.
- Clark, C. (1961). Growthmanship. A Study in the Mythology of Investment, London: Barrie and Rockliff for the IEA.
- Coelli, T.J. (1996). A Guide to DEAP Version 2.1: A Data Envelopment Analysis Program, Center for Efficiency and Productive Analysis Working Paper, No.8.
- Coelli, T., Rao, D.S.P., O’donnell, C.J. and Battese, G.E. (2005). An Introduction to Efficiency and Productivity Analysis. USA: Kluwer Academic Publisher.
- Cooper, W.W.,Seiford, L.M. and Tone, K. (2000), Data Envelopment Analysis: A Comprehensive Text with Models, Applications, References and DEA-Solver Software. New York: Kluwer Academic Publications.
- Cullinane, K.K., Wang, T.F., Song, D.W. and Ji, P. (2006). The Technical Efficiency of Container Ports: Comparing Data Envelopment Analysis a Stochastic Frontier Analysis, Transportation Research Part A: Policy and Practice, 40 (4), 354-374.
- Docekalova, M. and Bockova, N. (2013). The Use of Data Envelopment Analysis to Assess The R&D Effectıveness of The Czech Manufacturing Industry, Verslas: Teorija Irpraktika, 14(4), 308-314.
- Duchacek, I.D. and Thompson, K.W. (1960). Conflict and Cooperation Among Nations, New York: Halt, Rinehart, Winston.
- Elshamy, H. (2013). Utilizing Data Envelopment Analysis (DEA) For Analyzing Technical Efficiency of Selected Egyptian Manufacturing Industries,International Journal of Business and Economics Perspectives, 8 (2),44-52.
- Färe, R., Grosskopf, S., Norrıs, M. and Zong, Z.Y. (1994). Productivity Growth Technical Progress and Efficiency Change in Industry, American Economic Review Combine with Journal of Economics Literature and Journal of Economic Respect, N.84, 66-80.
- Grıffel-Tatje, E. and Lovell, C.A. (1995). A Note on The Malmquist Productivity Index, Economics Letter, 47, 169-175.
- Grosskopf, S. (1993). The Measurement of Productive Efficiency: Techniques and Applications.H.O. Fried, C.A.K. Lovell and S.S. Schmith (Ed.). New York: Oxford University Press.
- Kaldor, N. (1966). Causes of the Slow Rate of Economic Growth in the United Kingdom: An Inaugural Lecture, London: Cambridge University Press.
- Kaldor, N. (1968). Productivity and Growth in Manufacturing Industry: a Reply, Economica, 35, 385-391.
- Kaldor, M. (1976). The Military in Development, WorldDevelopment, 4 (6), 459-482.
- Karluk, R. (2005). Transformation Experienced Since the Announcement of the Republic until Present. İstanbul: Beta Publication.
- Kuznets, S. (1966). Notes on Departure, Selected Topics in Economic Development, METU Faculty of Economics and Administrative Sciences.
- Lai, Y.H. (2007). Use of Data Envelopment Analysis to Assess the Relative Efficiency of Laptop Computer Manufacturers: An Empirical Study, International Journalof Management, 24 (2),289-295.
- Lewis, W.A. (1954). Economic Development with Unlimited Supplies of Labour, Manchester School of Economic and Social Studies, 22:139-91.
- Lorcu, F. (2010). Malmquist ProductivityIndex: An application of the Turkishautomotive industry, İstanbul University Journal of the School of Business Administration, 39 (2), 276-289.
- Mahadevan, R. (2002). A DEA Approach to Understanding the Productivity Growth of Malaysia’s Manufacturing Industries, Asia PacificJournal of Management, 19, 587-600.
- Mcintosh, M. (2006). Chief of Defense Procurement, European Defence Cooperation, Military Technology, 6 (94), 21-33.
- Memon, M.A. and Tahir, I.M., (2011). Relative Efficiency of Manufacturing Companies in Pakistan Using Data Envelopment Analysis,International Journal of Business andCommerce, 1 (3), 10-27.
- Mok, V., Godfrey, Y., Zhaozhou, H. and Zongzhang, l. (2007). Leverage, Technical Efficiency, andProfitability: An Application of DEA to Foreign-İnvested Toy Manufacturing Firms in China, Journal of Contemporary China, 16 (51), 259–274.
- Moon, H. S. (2013). The Relative Efficiency Analysis of Innovation Activities with Uncertainty: The Case of Korean Electronic Equipment Industry, Innovation: Management, Policy, andPractice, 15 (3), 305–314.
- Nandy, D. (2011). Efficiency Study of Indian Automobile Companies Using DEA Technique: A Case Study of Select Companies, The IUP Journal of Operations Management, 10 (4), 39-50.
- Nurkse, R (1966). Growth in Underdeveloped Economies, Trans: Tunca Toskay, Economic Growth, andDevelopment: Selected Articles, 1193, İstanbul: İstanbul University Pub.
- Önder, K. (2012). An Investigation on The Effect of Defense Expenditure on Economy in Turkey, GJEBS-Global Journal of Economics and Business Studies, 1 (1), 22-32.
- Prebisch, R. (1950). The Economic Development of Latin America and its Principal Problems, Economic Bulletin for Latin America,7, 1-12.
- Prusa, J. (2012). The Most Efficient Czech SME Sectors: An Application of Robust Data Envelopment Analysis, Czech Journal of Economics and Finance, 62 (1), 44-65.
- Ramanathan, R. (2003). Data Envelopment Analysis. New Delhi: Sage Publications Ltd.
- Rezitis, A.N. (2006). Productivity Growth in the Grek Banking Industry: A Nonparametric Approach, Journal of Applied Economics,9 (1), 119-138.
- Rosencrance, R. (1973). International Relations, Peace or War, New York: Mc Graw-Hill.
- Stockholm International Peace Research Institute-SIPRI. (2018). SIPRI Fact Sheet 2017. Accessed: 02.01.2018. https://www.sipri.org /publications
- Stockholm International Peace Research Institute-SIPRI. (2018). SIPRI Yearbook-2018. Accessed: 02.11.2018. https://www.sipri.org /yearbook/2018.
- Sweezy, P.M., Baran, P.A. and Magdof, H. (1975). The Crisis of Contemporary Capitalism. İstanbul: Bilgi Publication.
- Şenesen, G. (1989). Possible Impacts of the Establishment of the DomesticArm Industry on the Economy, 1989 Industry Congress Proceedings Book-I, 267-274. Accessed: 15 January 2015. http://www.arsiv.mmo.org.tr/pdf/10642. pdf
- Şimşek, M. (1989). Defense Industry in the Third World Countries and Turkey. Ankara: SAGEBPublication.
- Tatlı, H., and Bayrak, R. (2016). Assessment of The Efficiency of Automotive Industry Firms Listed in Borsa Istanbul with Statical and Dynamical DEA, Research Journal of Politics, Economics and Management, 4(1), 119-145.
- Worlbank Indicators. (2018). Accessed: 03.01.2018. https://data. worldbank.org /indicator, (2018).
- Yang, C.F., Pai, C.C., Lee, Z.Y. (2012). “Performance Assessment of The Top Ten TFT-LCD Manufacturers”, International Journal of Electronic Business Management, 10 (2), 85-100.
- Zhu, J. (2003). “Continuous Optimization Efficiency Evaluation with Strong Ordinal Input and Output Measures”, European Journal of Operational Research, 146 (3), 477-485.
| APA | BAYRAK R (2020). Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. , 85 - 98. 10.18026/cbayarsos.525794 |
| Chicago | BAYRAK RIZA Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. (2020): 85 - 98. 10.18026/cbayarsos.525794 |
| MLA | BAYRAK RIZA Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. , 2020, ss.85 - 98. 10.18026/cbayarsos.525794 |
| AMA | BAYRAK R Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. . 2020; 85 - 98. 10.18026/cbayarsos.525794 |
| Vancouver | BAYRAK R Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. . 2020; 85 - 98. 10.18026/cbayarsos.525794 |
| IEEE | BAYRAK R "Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE." , ss.85 - 98, 2020. 10.18026/cbayarsos.525794 |
| ISNAD | BAYRAK, RIZA. "Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE". (2020), 85-98. https://doi.org/10.18026/cbayarsos.525794 |
| APA | BAYRAK R (2020). Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi, 18(TBMM 100. Yıl Özel Sayısı), 85 - 98. 10.18026/cbayarsos.525794 |
| Chicago | BAYRAK RIZA Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi 18, no.TBMM 100. Yıl Özel Sayısı (2020): 85 - 98. 10.18026/cbayarsos.525794 |
| MLA | BAYRAK RIZA Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi, vol.18, no.TBMM 100. Yıl Özel Sayısı, 2020, ss.85 - 98. 10.18026/cbayarsos.525794 |
| AMA | BAYRAK R Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi. 2020; 18(TBMM 100. Yıl Özel Sayısı): 85 - 98. 10.18026/cbayarsos.525794 |
| Vancouver | BAYRAK R Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi. 2020; 18(TBMM 100. Yıl Özel Sayısı): 85 - 98. 10.18026/cbayarsos.525794 |
| IEEE | BAYRAK R "Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE." Celal Bayar Üniversitesi Sosyal Bilimler Dergisi, 18, ss.85 - 98, 2020. 10.18026/cbayarsos.525794 |
| ISNAD | BAYRAK, RIZA. "Economic Efficiency and Total Factor Productivity of Defense Industries in NATO and EUROZONE". Celal Bayar Üniversitesi Sosyal Bilimler Dergisi 18/TBMM 100. Yıl Özel Sayısı (2020), 85-98. https://doi.org/10.18026/cbayarsos.525794 |
