Research on the Operating Efficiency of Chinese Listed Pharmaceutical Companies Based on Two-Stage Network DEA and Malmquist
Author(s) -
TsungXian Lin,
Zhong-huan Wu,
Xiao-xia Ji,
Jia-jia Yang
Publication year - 2021
Publication title -
mathematical problems in engineering
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.262
H-Index - 62
eISSN - 1026-7077
pISSN - 1024-123X
DOI - 10.1155/2021/1475781
Subject(s) - diseconomies of scale , malmquist index , subsidy , index (typography) , productivity , business , scale (ratio) , total factor productivity , government (linguistics) , industrial organization , china , economics , economies of scale , marketing , economic growth , computer science , market economy , political science , physics , quantum mechanics , linguistics , philosophy , world wide web , law
The development of pharmaceutical companies, which is an important part of the national economy and industry, is closely related to people’s livelihood issues. With the era of big data, this paper uses the two-stage DEA and Malmquist method to evaluate the efficiency of listed Chinese pharmaceutical companies. From a static and dynamic perspective, it analyses the total factor productivity index, pure efficiency change index, scale efficiency index, and so on. The results show that government subsidies have not had a positive impact on most Chinese pharmaceutical companies, and for films, diseconomies of scale caused by rapid expansion should be avoided.
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