• Title/Summary/Keyword: Dynamic envelopment

Search Result 20, Processing Time 0.025 seconds

A Study on Technological Innovation Efficiency of Listed Companies in China's Digital Cultural Industry (중국 디지털 문화산업 상장기업의 기술혁신 효율성에 관한 연구)

  • Dong, Hao;Bae, Ki-Hyung;Zhang, Mengze
    • The Journal of the Korea Contents Association
    • /
    • v.22 no.3
    • /
    • pp.369-379
    • /
    • 2022
  • With the deepening integration of technology and cultural industries, China's digital cultural industry has begun to rise. The digital culture industry has met new demands for cultural consumption and brought new experiences to consumers in the digital economy era. This paper uses the public data of 36 Chinese A-share listed companies in digital culture from 2018 to 2019 to construct a technical innovation efficiency evaluation index system for listed companies in China's digital cultural industry. Through the use of data envelopment analysis (DEA) method, the technical innovation efficiency of 36 listed companies in China's digital cultural industry was evaluated. The research results show that: (1) China's 36 listed companies have low technological innovation efficiency; (2) the allocation of R&D resources of listed companies is unreasonable; (3) there is a large difference in technological innovation efficiency among listed companies. Therefore, it is necessary to increase the efficiency of technology innovation of listed companies in China's digital culture industry by investing more R&D funds, distributing R&D resources, establishing effective dynamic incentive mechanism, promoting government-industrial-academic research.

Static and Dynamic Analysis of Efficiency of Korean Regional Public Hospitals (지방의료원의 효율성에 대한 정태적 및 동태적 분석)

  • Kim, Jong-Ki;Jeon, Jinh-Wan
    • Korea Journal of Hospital Management
    • /
    • v.15 no.1
    • /
    • pp.27-48
    • /
    • 2010
  • The purpose of this paper is to analyze the efficiency change and its determinants of the regional public hospitals. We utilize 34 regional public hospital's panel data for 6 years from 2003 to 2008. We use DEA(Data Envelopment Analysis)-CCR, BCC model, DEA/Window model, and DEA Profiling. The empirical results show the following findings. First, technical efficiency shows that approximately 3.6% of inefficiency exists on the regional public hospitals and it reveals that the cause for technical inefficiency is due to scale inefficiency. Second, DEA/Window results show that the stable dissimilarity by standard deviation, LDP of CCR. Third, the results of partial efficiency by DEA Profiling show that increase efficiency depends on the number of beds, doctors, and nurses.

  • PDF

A Study on Measuring the Efficiency of Global Ocean Carriers by Using Data Envelopment Analysis (DEA를 활용한 글로벌해운선사의 효율성측정)

  • Bang, Hee-Seok;Kang, Hyo-Won
    • Journal of Korea Port Economic Association
    • /
    • v.27 no.1
    • /
    • pp.213-234
    • /
    • 2011
  • The literature on efficiency of the maritime and shipping industry has typically focused on container ports and terminals. The study presented in this paper uses data envelopment analysis to evaluate ocean carriers based on financial and operational data from 2004 to 2007. A comparison is made up of the efficiency of global ocean carriers in efficiency of financial and operational performance respectively. A positive correlation is shown between the input and output data. In the static-efficiency analysis, we describe CCR, BCC and scale efficiency of Global Ocean Carriers in 2007. And we also provide about the stability and trend of their efficiency for four years (2004-2007) in the dynamic-efficiency analysis. The empirical results validate the necessity of restoring freight rates to facilitate the efficiency of the global ocean carriers supported by adjust of the supply of containership space. The study provides a basis for estimating the competitiveness of international shipping companies, for benchmarking best practice and for identifying the specific factors and causes of inefficiency.

Measuring Operational Efficiency of Korean Online Game Companies with DEA Window Analysis (DEA Window 분석을 이용한 국내 온라인 게임 기업의 운영 효율성 평가)

  • Chun, Hoon;Lee, Hakyeon
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.39 no.3
    • /
    • pp.23-40
    • /
    • 2014
  • This paper measures the operational efficiency of domestic online game companies and analyze its trends and patterns by using data envelopment analysis (DEA). DEA is a non-parametric approach to measuring the relative efficiency of decision-making units (DMUs) with multiple inputs and outputs. 14 online game companies are selected as DMUs and three inputs (number of employees, capital and asset) and three outputs (sales, operating profit and net profit) are selected as DEA variables. First, the output-oriented BCC model and super-efficiency model are employed to measure the static operational efficiency of the online game companies from 2003 to 2012. We also conduct the dynamic analysis with DEA window model to capture the trends of their operational efficiency influenced by internal and external environmental changes. The results are expected to provide fruitful implications for strategic decision making of online game companies and policy making for the online game industry.

Research on the Development Efficiency of Tourism in the Non-Pearl River Delta of Guangdong

  • Lin, Jia-Zheng;Kim, Hyung-Ho
    • International Journal of Advanced Culture Technology
    • /
    • v.9 no.3
    • /
    • pp.34-45
    • /
    • 2021
  • On February 18, 2019, the Chinese government officially released the Outline of the Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, which will lead the country in a new round of reform and opening-up. The Greater Bay Area will become a dynamic world-class city cluster, an international scientific and technological innovation center with global influence, an important support for the development of the "One Belt And One Road", a demonstration area for in-depth cooperation between the mainland and Hong Kong and Macao, and a high-quality living area for living, working and traveling. Non-Pearl River Delta(Non-PRD) cities in Guangdong Province are adjacent to the Guangdong-Hong Kong-Macao Greater Bay Area, so it is of practical significance to promote the high-quality development of urban tourism from an international perspective. Based on the panel data released in Guangdong Yearbook 2019, this paper uses the envelopment data analysis (DEA) method to explore ways to promote the high-quality tourism development of Non-PRD cities in Guangdong Province based on the perspective of international development.

Measuring Relative Static/Dynamic Efficiency of Korean Game Companies Using DEA and DEA-Window: Focusing on Online and Mobile Game Company (DEA 및 DEA-Window를 통한 국내 게임산업의 정태적/동태적 효율성 분석: 온라인 및 모바일 게임 기업을 중심으로)

  • Lee, Jae-Young;Leem, Choon-Seong;Ban, Seung-Hyun
    • The Journal of the Korea Contents Association
    • /
    • v.20 no.10
    • /
    • pp.496-509
    • /
    • 2020
  • This study analyzes 5-year efficiency of the game industry, from 2014 to 2018 which is aimed at 25 online and mobile game companies, that are emerging as a new growth engine of a national economy to come and as a core areas of late entertainment industry. The DEA is used for static efficiency analyze and the DEA-Window is used for dynamic efficiency analyze. This study uses assets, the number of employees and costs as input variables and it also uses operating profits and sales as output variables. The main results show that scale efficiency presents a resonable result over 0.85 on a total average except 2014. However, there has not been a year that is over 0.80 of the whole period in technical efficiency. Also, in terms of business scale, there is a huge efficiency gap between high rank companies and low rank companies and the average trend of efficiency has been increased from 2014 to 2016 but it has been decreased since 2017.

Research on Efficiency of Western China's Universities under the "Double First-Class" Initiative ("더블 퍼스트 클래스"를 통한 중국 서부 대학의 연구 효율성에 관한 연구)

  • Youming Li;Jae-Yeon Sim
    • Industry Promotion Research
    • /
    • v.8 no.4
    • /
    • pp.257-266
    • /
    • 2023
  • The research focuses on the provincial universities in the western region of China and investigates the research level of 12 provincial universities from 2017 to 2021, considering both static efficiency and dynamic efficiency. The static efficiency is examined using Data Envelopment Analysis (DEA), while the dynamic efficiency is analyzed using the Malmquist model. The analysis results are as follows: the scientific research efficiency of universities in the 12 western provinces is generally not high. Against the background of the "Double First-Class" construction, the overall efficiency of scientific research in universities is showing an increasing trend. The main reason for the increase in scientific research efficiency is the increase in scale efficiency in recent years. The total factor productivity (TFP) of research activities is influenced by the technology progress index and exhibits a pattern of initial increase, followed by a decline, and then an increase again. Research conclusion: Western colleges and universities should reasonably allocate resources for scientific research activities, perfect scientific research mechanisms, improve management standards, promote scientific innovation and corresponding achievements, and ultimately raise the scientific and technological level in western China.

An Analysis on the Efficiency and Productivity for Major Mutual Financing Cooperatives in Korea (우리나라 상호금융조합의 효율성 및 생산성 분석)

  • Bae, Se-Young;Kim, Hee-Chang
    • Journal of Digital Convergence
    • /
    • v.18 no.2
    • /
    • pp.235-247
    • /
    • 2020
  • The Mutual Financial Cooperatives(MFCs) in Korea need to make efforts to increase efficiency and productivity in order to secure stable and sustainable growth and competitiveness. Therefore, this study analyzes the efficiency and productivity of MFCs from 2012 to 2018 and suggests some implications. The methodology employed is a Dynamic-Network Slacks-Based Measure(DNSBM) Model. The findings from an empirical study include that first, on average efficiency scores of the institutions, NH(0.225) showed the highest overall efficiency, and followed by SH(0.128) and MG(0.126). After 2015, most of the MFCs' efficiency scores had risen until to 2018. Second, in divisional analysis, the inefficiency in creating the high profitability-stage had been greater than establishing-funds-stage. Third, in projection analysis of Division 2, the inefficiency of the output factors such as interest income and operating income was severe. Fourth, the results from the Malmquist Productivity Index analysis of Division 1 of the fist-stage illustrate that all three MFCs showed minus catch-up effects. Also, a soundness from reducing bad loans and expansion of loans in combination with generating various ways of creating profits besides the interest income is urgently needed for Korean MFCs.

A Study on Influence of Human Resource Efficiency of University Hospitals on Revenue and Expense (대학병원 인적 효율성이 수익과 비용에 미치는 영향)

  • Yang, Jong-Hyun;Suh, Chang-Jin;Chang, Dong-Min
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.11 no.1
    • /
    • pp.383-391
    • /
    • 2010
  • The purpose of this study is to analyze influence of human resource efficiency of 32 university hospitals on revenue and expense. This study applies DEA(Data Envelopment Analysis) to evaluate human resource efficiency of the university hospitals. The results are as follows. First, university hospitals' average human resource efficiency are over 0.9 for the period 2005-2007. Second, in the relationship between revenue and efficiency, the revenue had any significant relation to human resource efficiency. Third, There is close correlation between revenue and human resource efficiency. The hospitals that are high on human resource efficiency were found to be high on revenue and expense. There is a dynamic relationship that connects revenue, expense and human resource efficiency. The higher the investment expense, the greater is the number of in-patients and out-patients which leads to higher growth and profits.

A Study on the Efficiency and Determinants of Static and Dynamic in Korean property casualty insurance Company (국내 손해보험회사의 효율성 및 결정요인에 대한 Static and Dynamic 분석)

  • Kim, Tae-Hyuk;Park, Chun-Gwang;Kim, Byeong-Chul
    • The Korean Journal of Financial Management
    • /
    • v.25 no.4
    • /
    • pp.183-212
    • /
    • 2008
  • The purpose of this paper is to analyze the efficiency change and determinants of the korean non-life insurance companies. we use DEA (Data Envelopment Analysis) model to measure company efficiency change and use GLS, Tobit model, FIixed effect model, Random effect model, GMM to measure efficiency determinants. we utilize ten non-life insurance companies in korea and the panel data for five from 2001 to 2005. The empirical results show the following findings. First, technical efficiency shows that approximately 15.5% of inefficiency exists on the non-life insurance companies and it reveals that the cause for technical inefficiency is due to scale inefficiency. Second, Dea Window results show that the stable dissimilarity by standard deviation, LDP of CCR. Third, the results of efficiency determinants show that increase efficiency is depend on the premium income and real estates.

  • PDF