THE EFFICIENCY MATRIX AS TOOL FOR EFFICIENCY EVALUATION OF FARMS IN V4 COUNTRIES

Company efficiency is desirable relation between produced outputs and inputs which company uses in production process. In the paper we deal with compilation of efficiency matrix with chosen economic indicators. These indicators create inputs and outputs. One part of the paper will be analysing of indicators of farms in V4 countries. Followed period are years 2004 -2009. Favourable values of outputs we observed in Hungarian farms in 2008 and in other V4 countries was favourable year 2007. Farms in Slovakia as the only one of the V4 countries reached mainly loss in followed period. This situation had negative impact on all indicators which are in relation with net income. Efficiency indicators reached the lowest values in farms SR. The best results achieved farms in Poland. The values of all analysed inputs and outputs of efficiency matrix are lowest in comparison with other V4 countries.