Paper Title
Applying Data Envelopment Analysis Malmquist Model to Evaluate the Performance of Global Automakers
Abstract
The auto industry is one of the largest economies in the world by revenue; the large number of people employed by the industry has made it a major determinant of economic growth as well as recession. In the context of declining automobile production after a period of continuous growth since the 2008 global auto crisis, the re-evaluation of automobile manufacturers is necessary. This study applies the Malmquist Productivity Index, one of the models in the Data Envelopment Analysis, to evaluate the performance of the world’s top 20 automakers over the period of 2015-2018. The results show that the most productive automaker in average is Volkswagen, followed by Honda, BAIC, General Motors and Suzuki. In contrast, Mitsubishi and Tata Motors are the worst-performing automakers in total research period. By reflecting an overall picture of the global automotive industry, this research is a valuable reference for car managers, policymakers and investors to make decisions on automobile management, investment and development.
Keywords - Data Envelopment Analysis, Malmquist Productivity Index, Global Automaker, Evaluate, Performance.