Export performance of the industrial sector in Colombia
Analysis of efficient frontier
DOI:
https://doi.org/10.18041/1900-0642/criteriolibre.2014v12n21.124Keywords:
DEA, Exports, Dynamic simulation, Technical efficiencyAbstract
In this paper, a comparative analysis is carried out among the exports
industrial sectors which created more employment during 2000-2011. A
dynamic simulation is used and a Data Envelopment Analysis is applied in
order to obtain an overall index of technical efficiency. This index determines
the presence of underused resources, which is useful to design strategies to
support exports. The analysis is based on a Monte Carlo simulation forecast
to determine the average values of the period for the input variables: number
of firms, employees, assets, and energy consumption to produce the output
variables: gross production and exports. This method is used for checking the
effectiveness of the factors of production to generate exports, and determine
the possibility of improving inefficient sectors. The goal is to participate in
the internationalization process in a proper way.
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References
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Andrade, S. (2005). Diccionario de Economía (tercera ed.) México: Editorial Andrade. Banker, R.; Charnes, A. & Cooper, W. (1984). Some Models for Estimating Technical and Scale Efficiencies in Data Envelopment Analysis. Management Science, 30(9), 14.
Bhandari, A. & Ray, S. (2012). Technical Efficiency in the Indian Textiles Industry: A Non Parametric Analysis of Firm Level Data. Bulletin of Economic Research, 64(1), 109-124.
Brockett, P.; Charnes, A.; Cooper, W.; Huang, Z., & Sun, D. (1997). Data transformations in DEA cone ratio envelopment approaches for monitoring bank performances. European Journal of Operational Research, 98(2), 250- 268.
Buckley, P. (1990). Problems and developments in the core theory of international business. Journal of International Business Studies, 21(4), 657-665.
Charnes, A.; Cooper, W., & Rhodes, E. (1981). Evaluating program and managerial efficiency: an application of data envelopment analysis to program follow through. Management Science, 27(6), 668-697.
Cubillos, M. y Navas, V. (2000). Inversión extranjera directa en Colombia: características y tendencias. Boletines de Divulgación Económica, (4).
Chiavenato, I. (2004). Introducción a la teoría general de la administración (séptima ed.) México: McGraw-Hill Interamericana.
DANE, Departamento Administrativo Nacional de Estadística (2012). Encuesta Anual Manufacturera (EAM). Años 2001 a 2011. Bogotá.
Dunning, J. (1988). The eclectic paradigm of international production: a restatement and some possible extensions. Journal of International Business Studies, 19(1), 1-31.
Farrell, M. (1957). The measurement of productive efficiency. Journal of the Royal Statistical Society. Series A (General), 120(3), 253-290. Hanoch, G., & Rothschild, M. (1972). Testing the Assumptions of Production Theory. Journal of Political Economy (80), 256-275.
Katsikeas, C.; Leonidou, L. & Morgan, N. (2000). Firm-level export performance assessment: review, evaluation, and development. Journal of the Academy of Marketing Science, 28(4), 493-511.
Koontz, H., y Weihrich, H. (2004). Administración - una perspectiva global. (12ª. ed.) España: McGraw-Hill Interamericana. Li, L. (2008). Multinationality and technical efficiency: a neglected perspective. Management International Review, 48(1), 39-63.
Mankiw, G. (2004). Economía (3a. ed.) España: McGraw-Hill Interamericana.
Mok, V.; Yeung, G.; Han, Z., & Li, Z. (2010). Export orientation and technical efficiency: clothing firms in China. Managerial and Decision Economics, 31(7), 453-463.
Perdomo, J.; Hueth, D., y Mendieta, J. (2007). Factores que afectan la eficiencia técnica en el sector cafetero colombiano: una aplicación con análisis envolvente de datos. Ensayos sobre Economía Cafetera, 22, 121-140.
Reina, M. (2012). Internacionalización de la economía colombiana: comercio e inversión. Fedesarrollo, Corporación Andina de Fomento. Reinaldo, O. (2002). Teorías de la administración. México: International Thomson Editores S.A. de C.V.
Restrepo, J. y Vanegas J. (2009). Análisis del perfil financiero de las pymes del Valle de Aburrá y su acceso al crédito: una aplicación empírica. Ingeniería Industrial. Actualidad y Nuevas Tendencias, No. 3, pp. 43-54.
Robbins, S., y Coulter, M. (2005). Administración (8ª. ed.) México: Pearson Educación. Samuelson, P., y Nordhaus, W. (2002). Economía (17ª. ed.) España: McGraw- Hill Interamericana.
Sengupta, J. (1987). Production Frontier Estimation to Measure Efficiency: A Critical Evaluation in Light of Data Envelopment Analysis. Managerial and Decision Economics, 8, 93-99.
Sepúlveda, M. (2014). Análisis de eficiencia técnica y estudio de casos en los cultivos de flores de la Sabana de Bogotá (Colombia). Revista Científica Pensamiento y Gestión, 36, 291-326.
Teece, D. J. (1986). Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy. Research policy, 15(6), 285-305.
Whitelock, J. (2002). Theories of internationalisation and their impact on market entry. International Marketing Review, 19(4), 342-347.
Zampa, D. (2004). De la producción a la personalización: una reflexión sobre la industria, el diseño y las personas. Temes de Disseny, (21), 43-53.
Zheng, J.; Liu, X., & Bigsten, A. (1998). Ownership structure and determinants of technical efficiency: an application of data envelopment analysis to Chinese enterprises (1986–1990). Journal of Comparative Economics, 26(3), 465-484.
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Published
2014-12-01
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Artículos
How to Cite
Export performance of the industrial sector in Colombia: Analysis of efficient frontier. (2014). Criterio Libre, 12(21), 139-156. https://doi.org/10.18041/1900-0642/criteriolibre.2014v12n21.124
