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Port Export and Efficiency of the Regional Economy in Korea  

Kim, Chang-Beom (조선대학교 동아시아경제연구소)
Lee, Min-Hui (조선대학교 경상대학 경제학과)
Publication Information
Journal of Korea Port Economic Association / v.26, no.3, 2010 , pp. 165-174 More about this Journal
Abstract
DEA converts multiple inputs and outputs of a decision unit into a single measure of performance, generally mentioned as relative efficiency. DEA has been applied successfully as a performance evaluation tool in many fields including manufacturing, banks, pharmacies, and hospitals to name a few. This paper applies the input-oriented DEA model, DEA/Window analysis, and Malmquist indices to the 9 regions in Korea to measure the efficiency and productivity. The empirical results show the following findings. First, the super efficiency indicate that efficiency of Group 2 is greater than Group 1. Second, Malmquist indices show that productivity of Group 2 is less than Group 1. Third, DEA/Window of Group2 show that Chungnam is most stable, while Jeonnam is most unstable.
Keywords
port export; regional economy; Malmquist productivity index; DEA/WINDOW analysis;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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