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Vicarious warfare and dynamic efficiency of companies in the aerospace and defence industry

Nourani, Mohammad and Lu, Wenmin and Irene, Wei Kiong Ting (2020) Vicarious warfare and dynamic efficiency of companies in the aerospace and defence industry. Managerial and Decision Economics, 41 (4). pp. 641-650. ISSN 1099-1468

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Abstract

This study explores the economic performance that vicarious warfare can bring for the aerospace and defence industry. First, this study measures the performance of 22 companies using a nonradial dynamic data envelopment analysis model from 2011 to 2017. Second, this study evaluates whether vicarious warfare can influence the performance. The efficiency analysis suggests rooms for improvements meanwhile, the projection analysis suggests that market value should be significantly increased, and the number of employees should be reduced significantly. The regression analysis suggests that the number of times a country takes a side in wars would positively affect the efficiency of companies.

Item Type: Article
Additional Information: Indexed by Scopus
Uncontrolled Keywords: Vicarious warfare; Aerospace industry ; Defence industry; Data envelopment
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HV Social pathology. Social and public welfare
T Technology > T Technology (General)
Faculty/Division: Faculty of Industrial Management
Depositing User: Mrs Norsaini Abdul Samat
Date Deposited: 15 Oct 2020 01:14
Last Modified: 28 Oct 2020 07:58
URI: http://umpir.ump.edu.my/id/eprint/27727
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