Development of the Productivity in European Aggregate Production

Abstract

Aggregate industry is one of the indispensable sectors of country economies due to the employment potential and the intense input-output relations with other sectors, especially with the construction sector. In this study, the productivity growth of the countries producing aggregates in Europe over the years 2012 to 2014 is investigated. Data were analyzed using the MPI (Malmquist Productivity Index), which can evaluate the multiple and different unit parameters simultaneously and examine the improvement of the decision making units over time. According to the results, the greatest development was obtained in Latvia and Turkey among the evaluated countries.