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Author: | Major, I. |
Title: | Technical efficiency, allocative efficiency and profitability in Hungarian small and medium-sized enterprises: a model with frontier functions |
Journal: | Europe-Asia Studies
2008 : OCT, VOL. 60:8, p. 1371-1396 |
Index terms: | efficiency profitability small and medium-sized enterprises (smes) Hungary |
Language: | eng |
Abstract: | In this study, the author shows the reasons why Hungarian small and medium-sized enterprises (hereafter SMEs) are inefficiency. Corporate level data covering the 1992-2004 period were analyzed in order to find out the factors that cause under-production. The paper identifies ways how to improve the profitability of SMEs. |
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