• Journal of Korea Port Economic Association
• /
• v.22 no.3
• /
• pp.59-78
• /
• 2006

The purpose of this paper is to analyze the trend on scale efficiency of the Port of Gwangyang from 1994 to 2004 using CCR, BCC, and Malmquist index approaches. The main results are as follows. first, scale efficiency shows a 50% similar [5(94/95, 95/96, 97/98, 2001/2002, 2003/2004) out of 10] pattern to technical efficiency change. Second, total factor productivity increased at 48.57% rate of growth on average in 6 out of 10 periods except 96/97, 97/98, 99/2000, and 2000/2001. 2003/2004 period is the one period experiencing rapid total factor productivity changes, mainly due to technical progress. Third, the ranking order of accumulative indices is scale efficiency change, TFP change, efficiency change, technical change, and pure efficiency change. The main policy implication of this paper is that according to the CCR, BCC, and Malmquist results, the Port of Gwangyang should develop the plan for enhancing the 5 Malmquist indices with following the management way of benchmarking ports.

• The Korean Journal of Financial Management
• /
• v.20 no.2
• /
• pp.263-291
• /
• 2003

The purpose of this paper is to analyse the change in the productivity of Korean life insurance industry by Generalized Malmquist productivity indices. Generalized Malmquist indices will be decomposed into three components such as pure efficiency change, scale efficiency change, and technical change. The principal findings indicate an overall increase in productivity driven more by technical progress than pure technical efficiency and scale efficiency.

• The Korean Journal of Financial Management
• /
• v.19 no.1
• /
• pp.133-151
• /
• 2002

본 연구는 Malmquist지수를 이용하여 1997년 외환위기 때부터 2000년까지 국내은행의 생산성 변화를 순수기술효율성, 규모효율성 및 기술진보의 변화로 구분하여 측정함과 동시에 서울소재은행과 지방은행간의 생산성을 비교하였다. 1997년과 2000년간의 순수기술효율성의 변화는 감소하였지만, 규모효율성과 기술진보의 변화가 순수기술효율성의 하락 부분을 상쇄한 결과로 2000년에는 1997년의 생산성 수준을 회복하였다는 것을 확인하였다. $1997{\sim}2000$년의 서울소재 은행과 지방은행간을 비교한 결과에 의하면 서울소재은행의 생산성이 높게 나타났다. 두 집단간에 이러한 차이는 규모효율성으로부터 기인하였으며, 기술혁신을 의미하는 기술진보의 변화에는 두 집단간에 차이가 없었다. 특히 지방은행의 생산성은 2000년에도 1997년도 수준을 회복하지 못하고 있다.

• Environmental and Resource Economics Review
• /
• v.8 no.2
• /
• pp.149-174
• /
• 1999

본 연구는 1990년대 초 중반의 한국의 화력발전소 자료를 이용하여 발전부문의 생산성 변화를 분석하되, 생산성 변화를 발전소간의 효율성 격차에 의한 부문과 발전부문 전체의 생산함수 이동을 통해 나타나는 기술변화로 나누어 분석하였다. 분석결과, 화력발전소간에는 의미있는 정도의 효율성 격차가 존재하는 것으로 나타났으며, 분석에 포함된 기간 동안 연평균 약 5% 정도의 생산성 증가가 발생하였고, 이 가운데 효율성 격차의 해소를 통한 생산성 증가가 약 2%, 그리고 기술진보에 의한 생산성 증가가 약 3%를 차지하였다.

• International Area Studies Review
• /
• v.14 no.2
• /
• pp.43-60
• /
• 2010

This paper measures R&D efficiency and productivity changes of 24 nations including Korea, Japan and China by the non-parametric Malmquist productivity index. The principle findings of this study are as follows. First, R&D efficiency scores of Korea and Japan are 0.837 and 0.834 respectively. Meanwhile China shows 0.420, the worst performance among the selected countries. Second, Korea marked annual productivity increase of 25%, highest among the selected countries', for 2000-2005. R&D productivity in Japan and China, however, decreased 1.9% and 0.9% respectively. Third, annual rates of technology change and technical efficiency change in Japan are 0.6% and -2.5%. Therefore decrease of productivity in Japan is mainly due to technical inefficiency. In case of China, improvement of technical efficiency is the main contributor to productivity growth but technical progress has edged downward in the sample period. In Korea, with annual rate of technology change and technical efficiency change being 5.2% and 18.2% respectively, both efficiency improvement and technical progress has pulled the R&D productivity growth.

• Journal of Korea Port Economic Association
• /
• v.24 no.4
• /
• pp.47-70
• /
• 2008

The purpose of this study is to estimate total factor productivity(TFP) growth by stochastic frontier function and to grasp contributing factors of its growth rate by decomposing the total factor productivity into efficiency change, technical progress, scale change, and allocation change. Annual growth rate of total factor productivity for 1990-2003 is 0.019 (1.9%), higher than that of overall industry (0.010). The main component of TFP growth is not efficiency change but technical progress. Contributing factors of total factor productivity growth are change of allocation efficiency in port industry, technical progress in sea-transportation industry, and change of scale efficiency in transportation-equipment industry. The change of total factor productivity shows a decreasing trend since late in the 1990s. The annual technical efficiency of port-logistics industry is less than that of overall industry. Capital elasticity for output (0.391) is higher than labor elasticity (0.227), but scale economy of port-logistics industry is 0.618, which is far from optimal scale economy.

• Journal of Korea Port Economic Association
• /
• v.34 no.1
• /
• pp.51-64
• /
• 2018

The purpose of this paper is to analyze the productivity change of the Korean shipbuilding industry between 2001-2008 and 2008-2015 by using MPI(Malmquist Productivity Index) to decompose the sources of total factor productivity growth into technical efficiency change, scale efficiency change, pure efficiency change, technical change. The empirical results are as follows. In the first half of the year (2001-2008), productivity increased by 2.8%, which was due to technological advances rather than technical efficiency. In the second half (2008-2015), productivity change declined by -3.4%. This is attributable to the technical efficiency deterioration and technological degeneration caused by a decrease in shipbuilding orders due to the global economic downturn after the global financial crisis and the rise of Chinese shipbuilding industry. In the first half of the period, productivity change was higher than in the second half. Especially, the difference between the two periods is attributed to the technical change and it was proved by statistical verification. The policy implications of this paper suggest that the government and each DMU need to develop new technologies to cope with changes in the global shipbuilding industry environment and strategies to eliminate inefficiencies in order to increase productivity in the future.

• Journal of Information Management
• /
• v.40 no.3
• /
• pp.41-60
• /
• 2009

This study utilizes DEA/Window analysis in order to investigate the relative efficiency levels of korea national university libraries during the period of transition 2004-2008. The empirical results show the following findings. Firstly, a technical efficiency was not efficient which was a scale efficiency rather than a pure technical efficiency in 2008. Secondly, a technical and pure technical efficiency has increased steadily from 2004 to 2008(but a technical, pure technical efficiency has decreased since in 2008). As a result, a technical efficiency increase can be explained by a pure technical efficiency increase.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.15 no.10
• /
• pp.6066-6075
• /
• 2014

The aim of this study was to analyze the productivity changes in government-funded research institutes for Economics & Humanities and Social Sciences. From Malmquist total factor productivity index analysis, the average productivity decreased 6.5% between 2006 and 2010. Further analysis showed that technical efficiency increased 4.7% annually while the technology change rate decreased 10.8% on average. Under pressure for innovation from the outside, research institutes responded to managerial efficiency improvement, which lead to increases in technical efficiency. On the other hand, for productivity improvement of government funded research institutes, they must pursue technological advances by securing an outstanding research workforce, expanding the R&D budget, and changing the R&D method. Each institute must perceive the cause of an individual institute's productivity change, and establish strategies for increasing productivity.

• Journal of Korean Library and Information Science Society
• /
• v.41 no.4
• /
• pp.35-50
• /
• 2010

The purpose of this study was to analyse the ralative efficiency of 15 public libraries over a time period(2006-2008) by Data Envelopment Analysis(DEA). The selected input variables were total staff, total area and total holdings. And the selected output variables were total circulations and total user. The results are as followed. First, a technical efficiency trend of public libraries has been improved since 2006. Second, a technical efficiency increase can be explained by increase of a pure technical and scale efficiency both.