• Title/Summary/Keyword: ECONOMIC EFFICIENCY

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Natural Radon Removal Efficiency of Small-scale Water Supply System (국내 마을상수도 지하수의 라돈 자연저감)

  • Cho, Byong-Wook;Yun, Uk;Choo, Chang-Oh
    • Economic and Environmental Geology
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    • v.43 no.1
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    • pp.33-42
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    • 2010
  • The purpose of this study was to understand the degree of natural radon removal efficiency of small-scale water supply systems. Six sites were selected for this study, and data on well characteristics (depth, pumping rate, water tank capacity, distance from well to tap water) were obtained. Water samples both from raw water and three tap waters at each site were collected and analyzed for radon concentration. Average radon removal efficiency of the five sites (A-E) in Nov. 2006 was 26.0% while that of the same sites in Dec. 2006 was 45.6% indicating seasonal difference in natural radon removal efficiency. Meanwhile short-term (April 23, April 30, May 8, 2007) radon removal efficiency from the site F was 44.1-49.0%, implying only a little difference in natural radon removal efficiency. The degree of radon removal at tap water was influenced mainly by pumping rate rather than distance from the well and water tank capacity.

The Efficiency of Container Terminals in Busan and Gwangyang Port (부산항과 광양항의 컨테이너 터미널의 효율성)

  • Mo, Su-Won;Lee, Kwang-Bae
    • Journal of Korea Port Economic Association
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    • v.26 no.2
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    • pp.139-149
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    • 2010
  • This paper analyses the relative efficiency of 13 container terminals based on the data for the period 2003-8 to offer a fresh perspective. There has been abundant empirical research undertaken on the technical efficiency of Busan and Gwangyang port. Most studies have focused on the use of parametric and non-parametric techniques to analyse overall technical efficiency. Here, the framework assumes that terminals use two input to produce one output; the former includes container yard and container crane and the latter container volume. Jarque-Bera indicates that three variables are not normally distributed and the positive skewness shows that all the variables have long right tails. This means there are many small-scaled container terminals. This paper also employs heteroscedastic Tobit model to show the effect of the explanatory variables on the container terminal efficiencies. The Tobit model shows that both container yard and container cranes have positive effect on the container terminal efficiency, but container yard has a higher impact on the efficiency than the container crane.

The Analysis on the Efficiency of Chinese Provinces & Cities after China Joins WTO (중국의 WTO가입 이후 중국 각 성·시(省·市)의 기술효율성 분석)

  • Choi, Won Ick
    • International Area Studies Review
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    • v.13 no.3
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    • pp.729-757
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    • 2009
  • This paper examines if China' each province.city manages its organization well after China's WTO affiliation; and on the ground, judges how much each province city needs to improve. China's each province city data from 2002 to 2006 is used to evaluate technical efficiency by using the input-oriented CCR model and the input-oriented BCC model. Analytical results show that only Shanghai gets continuously the highest efficiency score from 2002 to 2006 and so the other provinces cities need to benchmark Shanghai to elevate their efficiency. There can be regional, cultural and emotional differences among the provinces cities but Tibet, Shaanxi, Gansu, Qinghai, Ningxia and Xinjiang get low efficiency scores even after China's WTO affiliation. The Chinese government can make use of efficiency evaluation results by DEA as basic materials in making economic development schemes in order to reduce these deviations as various minority races constitutes China and there are regional deviations of degree of economic development in China.

Analysis on Productivity Change in Korean Shipbuilding Industry using Malmquist Productivity Index (Malmquist 생산성 지수(MPI)를 이용한 한국 조선 산업의 생산성 변화)

  • Park, Seok-Ho
    • Journal of Korea Port Economic Association
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    • v.34 no.1
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    • pp.51-64
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    • 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.

A Study on the Economic Efficiency of Tourism Industry in China's Bohai Rim Region Using DEA Model (DEA 모델을 이용한 중국 환 발해만 지역 관광산업의 경제효율성에 관한 연구)

  • Li Ting;Jae Yeon Sim
    • Industry Promotion Research
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    • v.8 no.4
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    • pp.267-276
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    • 2023
  • Based on the tourism input-output data of five provinces and cities in China's Bohai Rim region from 2015~2021, this study analyzes the efficiency of regional tourism using DEA-BCC and DEA-Malmquist index, as well as its contribution to regional economic efficiency, and identifies factors influencing the comprehensive efficiency. The research results indicate that the comprehensive efficiency of the tourism industry in the China Bohai Sea region has reached an optimal level of 88.9%, but there is still room for improvement, with overall fluctuations. The overall productivity of the tourism industry exhibits a "U"-shaped fluctuating pattern, with growth mainly driven by technological advancements. Due to the impact of the COVID-19 pandemic, the region experienced a nearly 50% decrease in total factor productivity in 2019~2020. However, in 2021, with the implementation of various government stimulus policies, the tourism efficiency rapidly recovered to 80% of pre-pandemic levels. In terms of the impact of the tourism industry on the regional economy in the China Bohai Sea region, Hebei Province stands out as a significant contributor. Based on the aforementioned research findings, the following recommendations are proposed in three aspects: optimizing the supply structure, increasing innovation investment, and strengthening internal collaboration. These recommendations provide valuable insights for enhancing regional tourism efficiency and promoting regional synergy.

A Study of Economic Efficiency and Environmental Performance Due to the Conversion of the 7th and 8th Basic Plan for Long-term Power Supply and Demand (제7차 및 제8차 전력수급기본계획 전원 구성 전환에 따른 경제성 및 환경성 변화 분석 연구)

  • Cho, Sungjin;Yoon, Teayeon;Kim, Yoon Kyung
    • Environmental and Resource Economics Review
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    • v.28 no.2
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    • pp.201-229
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    • 2019
  • This paper estimates the effects of generation mix changes in the $7^{th}$ and $8^{th}$ Basic Plan for Long-term Power Supply and Demand from two aspects: economic efficiency through electricity prices and environmental performance through $CO_2$ and air pollutants(NOx, SOx, PM) emissions. Particularly, we examined additional generation mix conversion paths that take into account the trade-off between economic efficiency and environmental performance through scenario analysis. According to our results, the conversion from the $7^{th}$ plan to the $8^{th}$ plan should increase the electricity prices in the mid- and long-term, while reducing GHG and air pollutants emissions at the same time. The alternative generation mix that combines $7^{th}$ and $8^{th}$ plans shows that there exists a path to mitigate the trade-off between economic and environmental in the long-term. It will be next to impossible to derive a optimal generation mix that simultaneously considers the core values, such as supply stability, environmental performance, economic efficiency, energy safety and energy security, when establishing the power supply and demand plan. However, by exploring the effects of various generation mix paths and suggesting near-optimal paths, people can best choose their direction after weighhing all the paths when deciding on a forward-looking generation mix in the long term.

Efficiency Analysis of Organic Farm Management (유기농업 실천농가의 경영효율성 분석)

  • Kim, Chang-Gil;Lee, Sang-Gun;Kim, Tae-Young
    • Korean Journal of Organic Agriculture
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    • v.17 no.1
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    • pp.19-33
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    • 2009
  • This paper evaluates the technical efficiency of organic farm management practices and studies its main determinants in Hongdongmyeon of Hongsung county, Chungnam province. The analysis is performed in two stages. First, the efficiency is measured via the nonparametric "Data Envelopment Analysis" (DEA) technique. The DEA models are constructed not only to assess the overall technical efficiency of organic fanning practices but also to evaluate the management efficiencies. In a second stage critical determinants of efficiency are determined using a Tobit model. In this analysis the focus is on technical and socio-economic variables. The analytical results show that technically efficient farms is about 13 percent and the mean technical efficiency is found to be 0.73 indicating that many farms are not operating at an efficient scale.

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The Analysis of Geospatial Efficiency of Goheung-Gun Aquaculture Type Ochon-Gye Using Bootstrap-DEA (고흥군 양식어업형 어촌계의 입지에 따른 어업효율성 분석에 관한 연구)

  • Kim, Jong-Cheon;Lee, Chang-Soo
    • The Journal of Fisheries Business Administration
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    • v.52 no.1
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    • pp.23-46
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    • 2021
  • The purpose of this study is to understand the production efficiency of individual fishing communities and provide directions for improvement. The subject of the study is aquaculture type Ochon-Gye in Goheung-gun. The analysis method used bootstrap-DEA to overcome the statistical reliability problem of the traditional DEA analysis technique. In addition, data mining-GIS was applied to identify the spatial productivity of fishing communities. The values of technology efficiency, pure technology efficiency, and scale efficiency were estimated for 32 aquaculture-type fishing villages. Then, using the benchmarking reference set and weights, the projection was presented through adjustment of the input factor excess, and furthermore, the confidence interval of the efficiency values considering statistical significance was estimated using bootstrap.

A Study on Economic Analysis of Digital Archiving (디지털 아카이빙의 경제성 분석 연구)

  • Chung Hye-Kyung
    • Journal of the Korean Society for Library and Information Science
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    • v.38 no.4
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    • pp.251-270
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    • 2004
  • When an institution adopts digital archiving, an economic analysis is required. Though the existing economic analysis considers only tangible benefits, a model to reflect the intangible benefits of digital archiving is needed. This study suggests a comprehensive economic analysis model by applying the value chain concept of information economics. A simulation is conducted on the digital archiving by adopting the concepts of value accelerating and value linking to the economic analysis, and economic factors are derived through sensitivity analysis. The results support the perception that digital archiving contributes to the enhancement of the institution's efficiency.

The Fiscal Policy Instruments and the Economic Prosperity in Jordan

  • ALZYADAT, Jumah A.;AL-NSOUR, Iyad A.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.113-122
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    • 2021
  • This study aims to investigate the effects of fiscal policy instruments on economic growth in Jordan using annual data from 1970 to 2019, by applying the VAR model (Vector Auto regression) and the Vector Error Correction Model (VECM). The study also examines the dynamic relationship among economic variables over time using the Granger casualty test, Impulse Response Function, and Variance Decomposition. The results show that not only the public expenditures have a positive effect on economic growth in Jordan, but also the tax revenues positively affect the economic growth in the short-run, and this is because of using the tax revenues to finance the government activities in Jordan. This effect becomes negative in the long run, and this is explained because the tax seems a source of distortions in the economy, The extreme taxes may cause huge distortions in the economy, and these distortions destroys the purchasing power, the aggregate demand, and supply. More governmental dependence on tax revenues is the main source of tax evasion and less efficiency. The effect of taxation will curb any prosperity in the economy. Therefore, the government should estimate the fair tax rates to generate sufficient revenues to finance the public expenditure required to enhance economic prosperity.