Analyzing Efficiency and Productivity Changes of Turkish Textile Firms

Abstract

This study addresses the analyzing of efficiency and productivity change of 19 Turkish textile firms for the period 2014-2020 which are quoted to stock market. For the efficiency analysis super-efficiency DEA model is employed which contains three inputs and two outputs. The efficiency results are given in yearly base. For productivity analysis stage Malmquist Productivity Index is used including TECI, TCI and TFPI values. According to results, none of the firms increased their total factor productivity through 2014 to 2020. Furthermore, there isn’t any significant difference between the average of efficiency, TECI, TCI and TFPI values before and during COVID-19 pandemic. This study contributes to the literature with covering seven-year period including COVID-19 pandemic period in the analyses.