부산대학교 도서관

The purpose of this study is to examine the production efficiency of food manufacturing enterprises. For this purpose, the study constructed seven-year panel data of domestic manufacturing companies from 2015 to 2021. In addition, the production efficiency of food manufacturing companies was reviewed through Stochastic Frontier Analysis(SFA), a parametric approach, and the efficiency of each technology and industry was compared and analyzed to examine its characteristics in more detail. The main results of the study are as follows: First, the food industry has lower efficiency compared to other industries(general, high-tech), but its technological efficiency has increased over time. Second, the food industry showed a close positive relationship with R&D along with production factors, capital and labor. Third, as a result of analyzing the factors determining inefficiency, the smaller the size of the food industry, the greater the inefficiency. The conclusion of this study suggests the need for corporate activities and management strategies to increase the productivity of domestic food manufacturing Companies.