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http://dx.doi.org/10.11627/jkise.2013.36.1.17

A Study on the Operation Efficiency for Fisheries Cooperative Offices in the Capital and Surrounding Area  

Jung, Jaeheon (School of Business Administration, Pukyong National University)
Publication Information
Journal of Korean Society of Industrial and Systems Engineering / v.36, no.1, 2013 , pp. 17-23 More about this Journal
Abstract
This study analyzed the efficiencies of Korean fisheries cooperative's 97 operation offices in the capital and surrounding area. We used the DEA model for checking the technical and scale efficiencies in the financial business of them. We divided the business into two parts, the productivity (efficiency for increasing deposit and loan) and profitability (efficiency for increasing the profit and reducing the risk from the loan). The results show that the additional profitability increase is very difficult because most of the offices have full technical efficiency for profitability. But additional analysis based on Slack-based Measure (SBM) DEA model shows that Kyung-Gi region can increase the profitability. SBM model analysis also gives us the possibility that customized policy can apply to each offices considering each factors affecting the productivity and profitability.
Keywords
Fisheries Cooperative; Efficiency; DEA;
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