With ever rising number of shipyards and production capabilities, ship building in Turkey is a strategic industry that generates significant economic revenue. However, periodic recessions, one of the characteristics of the ship building...
moreWith ever rising number of shipyards and production capabilities, ship
building in Turkey is a strategic industry that generates significant economic revenue. However, periodic recessions, one of the characteristics of the ship building industry, have had lingering effects since the 2008 crisis and caused business volumes to shrink and consequently inefficient use of resources. Therefore a data envelopment analysis was carried out covering the years 2005-
2016 of Turkish ship building industry. The model of the study evaluates the
efficiency of number of employees and project capacity on the two most
important functions of a shipyard, the production and repair-maintenance services. Findings reveal that while the production function resources haven't been efficiently utilized after the crisis, repair-maintenance function has been efficiently utilized. The decrease of new building orders resulted in a downward usage of production resources, focus have shifted to repair-maintenance and these activities have been carried out with high levels of efficiency.
