38 Int. J. Applied Management Science, Vol. 8, No. 1, 2016
Copyright © 2016 Inderscience Enterprises Ltd.
Short-run decomposition of profit efficiency and its
relationship with the Tunisian manufacturing capacity
utilisation
Kamel Helali* and Maha Kalai
Faculty of Economics and Management of Sfax,
University of Sfax,
Airfield Road Km 4,
BP 1088, 3018, Sfax, Tunisia
Email: helali.kalai.maha@gmail.com
Email: helali.kalai.maha@gmail.com
*Corresponding author
Thouraya Boujelbene
Higher Institute for Business Administration of Sfax,
University of Sfax,
Airport Road Km 4,
BP 1013, 3018, Sfax, Tunisia
Email: thourayaboujelbene@yahoo.fr
Abstract: This study investigated the measure of the quantity by which the
profit of a one-output, multi-input firm deviates from a maximum short-run
profit, and then the decomposition of this profit gap into its components. We
examined this work and tried to apply it to the Tunisian manufacturing sector.
We found a measure of the contribution of the unused capacity, the technical
and the allocative inefficiencies to this profit gap. This study was carried out by
presenting the measurement of the ray of the economic capacity which involves
the short-run profit maximisation, with a constant output. Then we described
how the gap between the observed profit and the maximum one can be
calculated and decomposed using linear programming methods. Our empirical
results, involving data on six sectors of the manufacturing industry during the
period 1961–2010, suggest that the profit levels reach below the potential ones
and the difference might be attributed to the unused capacity.
Keywords: capacity utilisation; profit decomposition; profitability; technical
and allocative efficiency; Tunisian manufacturing sector; Tunisia.
Reference to this paper should be made as follows: Helali, K., Kalai, M. and
Boujelbene, T. (2016) ‘Short-run decomposition of profit efficiency and its
relationship with the Tunisian manufacturing capacity utilisation’, Int. J.
Applied Management Science, Vol. 8, No. 1, pp.38–51.
Biographical notes: Kamel Helali holds a PhD in Quantitative Methods and is
an Assistant Professor at the Faculty of Economics and Management of Sfax,
University of Sfax.