Eficiencia técnica en las industrias manufactureras valle del cauca, periodo 2015-2017

Abstract

Technical efficiency is used in companies to advance the production processes that determine their competitiveness and their chances of survival. In this sense, the research presents the analysis of the technical efficiency of the manufacturing industries of Valle del Cauca during the period 2015-2017. For this, the data used to fulfill this objective will be from the Annual Manufacturing Survey, whose form is applied by the National Administrative Department of Statistics (DANE), as well as those provided by the Cali Chamber of Commerce, based on the Economic Balance of Cali and Valle del Cauca, and the Office of Economic Studies. Consistent with the data acquired, the approach used will be a log-log translogarithmic stochastic frontier econometric model, the objective of which is to search for mathematical relationships that allow the behavior of one economic variable to be explained from the observation in time of other different variables. , called explanatory variables. Regarding the most relevant results according to the stated objective, it indicates that, when a process is carried out between financial resources and labor costs, in the companies that make up the conglomerate of 11 productive branches of Cali, there must be a balance between labor and capital so that production performance is efficient, effective and effective; and can generate profitability and business profit.