scholarly journals Research on Performance Evaluation of Listed Companies in China Based on Factor Analysis and Cluster Analysis

Author(s):  
Chenggang Li ◽  
Kang Pan
2020 ◽  
Vol 51 (2) ◽  
pp. 299-318
Author(s):  
Tomás Bragulat ◽  
Elena Angón ◽  
Alberto Giorgis ◽  
José Perea

Objective: Identify and characterize the beekeeping systems of La Pampa (Argentina) using multivariate techniques based on the main structural, productive and economic characteristics. Methodology: The data was collected through a random survey of 80 beekeepers. The classification and description of the apicultural systems was based on a multivariate sequence comprising three stages: review and selection of variables, factor analysis and cluster analysis. Results: Factor analysis revealed that the size of the farm and the productive and economic performance of beekeeping jointly explained 66% of the variability. Through cluster analysis, three types of beekeeping have been identified: (i) Subsistence beekeeping grouped 55% of the farms, mainly characterized by small sizes and low productive and economic yields. (ii) Industrial beekeeping concentrated 54% of production in 15% of farms, mainly characterized by large sizes and high productive and economic yields. (iii) Commercial beekeeping grouped 30% of the farms, mainly characterized by high productivity with intermediate sizes. Limitations: The study has been carried out on a few farms due to the difficulty of obtaining answers to all the variables included in the survey. Practical implications: Beekeeping in La Pampa is generally a highly heterogeneous complement of income or family subsistence, with low productivity and low input use. Subsistence beekeeping is a socially relevant system for its contribution to family employment and income in rural areas. Industrial beekeeping is oriented to the export market and has a more competitive scale. Commercial beekeeping is situated on an intermediate scale.


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