click on star to go back to Joseph Sarkis' HomepageStrong economic growth and environmental regulation stimulus make Welsh small and medium enterprises (SMEs) sustainability performance merit investigation in the context of European Union (EU) sustainability initiatives. We use stochastic frontier analysis, a parametric econometric technique to generate estimates of the technical efficiency of solid waste management by 299 Welsh SMEs in 2003. Our analysis utilizes the percent of waste recycled as the relevant output and the cost of recycling and organizational resources as the relevant inputs. We demonstrate that the ranking and efficiency scores of the Welsh SMEs studied correlate significantly with non-parametric data envelopment analysis (DEA) efficiency measures and are related to the use of environmental auditing practices and the use of local business support groups, but not to monitoring of waste expenditures and publication of environmental policies.
click on star to go back to Joseph Sarkis' Homepage