Acta Nat. Sci.   |  e-ISSN: 2718-0638

Original article | Acta Natura et Scientia 2021, Vol. 2(1) 6-16

Determining the Effectiveness of Sustainable Production Activities in Fishing Sector by Data Envelopment Analysis

Hülya Sayğı, Aysun Kop, Hatice Tekoğul & Burcu Taylan

pp. 6 - 16   |  DOI: https://doi.org/10.29329/actanatsci.2021.314.2   |  Manu. Number: MANU-2101-28-0002.R3

Published online: May 04, 2021  |   Number of Views: 118  |  Number of Download: 710


Abstract

Data envelopment analysis is used when it is difficult to measure the relative effectiveness of organizational decision-making units due to a large number of similar inputs and outputs. Firstly, data envelopment analysis was discussed in this study. In this context, relative activities of 10 companies have been operating in fisheries sector for last nine years (2009-2017) which entered the Fortune 500 in Turkey and have sufficient data were measured using financial inputs and outputs. Relative effectiveness scores were obtained by examining the financial inputs and outputs of the companies that are in the Fortune 500 and operating in fisheries sector. In the second part of study, to reveal the technical efficiency and the ineffective ones resulting from the scale, DEA models including the input-oriented CCR (Charnes, Cooper, and Rhodes) and BCC (Banker, Charnes, and Cooper) model were established and the above mentioned procedures were repeated. Finally, it was investigated whether an investment system based on DEA could be established or not. DEA Frontier and DEA Solver software, one of the special software of DEA, was used for the solution of models using in data envelopment analysis. As a result of the study, the average efficacy percentage was found to be 88% for CCR and 93% for BCC. For the data obtained during 2009-2017, six companies were found to be active according to the CCR model, while seven companies were found to be effective according to the BCC model. Also, the targets were determined to activate the inactive companies.

Keywords: Data Envelopment Analysis, Efficiency, Performance, Fisheries Sector


How to Cite this Article?

APA 6th edition
Saygi, H., Kop, A., Tekogul, H. & Taylan, B. (2021). Determining the Effectiveness of Sustainable Production Activities in Fishing Sector by Data Envelopment Analysis . Acta Natura et Scientia, 2(1), 6-16. doi: 10.29329/actanatsci.2021.314.2

Harvard
Saygi, H., Kop, A., Tekogul, H. and Taylan, B. (2021). Determining the Effectiveness of Sustainable Production Activities in Fishing Sector by Data Envelopment Analysis . Acta Natura et Scientia, 2(1), pp. 6-16.

Chicago 16th edition
Saygi, Hulya, Aysun Kop, Hatice Tekogul and Burcu Taylan (2021). "Determining the Effectiveness of Sustainable Production Activities in Fishing Sector by Data Envelopment Analysis ". Acta Natura et Scientia 2 (1):6-16. doi:10.29329/actanatsci.2021.314.2.

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