• Title/Summary/Keyword: ECONOMIC EFFICIENCY

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A new method for safety classification of structures, systems and components by reflecting nuclear reactor operating history into importance measures

  • Cheng, Jie;Liu, Jie;Chen, Shanqi;Li, Yazhou;Wang, Jin;Wang, Fang
    • Nuclear Engineering and Technology
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    • v.54 no.4
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    • pp.1336-1342
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    • 2022
  • Risk-informed safety classification of structures, systems and components (SSCs) is very important for ensuring the safety and economic efficiency of nuclear power plants (NPPs). However, previous methods for safety classification of SSCs do not take the plant operating modes or the operational process of SSCs into consideration, thus cannot concentrate on the safety and economic efficiency accurately. In this contribution, a new method for safety classification of SSCs based on the categorization of plant operating modes is proposed, which considers the NPPs operating history to improve the economic efficiencies while maintaining the safety. According to the time duration of plant configurations in plant operating modes, average importances of SSCs are accessed for an NPP considering the operational process, and then safety classification of SSCs is performed for plant operating modes. The correctness and effectiveness of the proposed method is demonstrated by application in an NPP's safety classification of SSCs.

Solution to promote the Circular Economy in Agriculture in Vietnam for Sustainable Development

  • Thi Huyen Tran;Hoang Tuan Nguyen;Quoc Cuong Nguyen
    • International journal of advanced smart convergence
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    • v.13 no.2
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    • pp.276-283
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    • 2024
  • Currently, the overall tendency for green and sustainable economic development is creating a circular economy. In actuality, agricultural output is currently benefiting greatly from the growth of the circular economy. The creation of a circular economy helps address resource scarcity, save the environment, combat climate change, and increase economic efficiency. Vietnam's economy can grow quickly and sustainably by shifting to a circular economy production model. Comparing prior growth techniques to the digital age and implementing circular economic development connected with high technology will be a fantastic opportunity to boost growth efficiency. In actuality, Vietnam currently has a large number of agricultural circular economy models. These are models: Creating and using gas from waste and wastewater in livestock and farming; model combining cultivation, livestock, and aquaculture; agro-forestry model; garden-forest model; Circular model using agricultural by-products as a catalyst or creating other valuable products; model of moderation, linked to reducing the use of growth hormones, veterinary medications, pesticides, and artificial fertilizers in agriculture and animal husbandry. Unfortunately, there have been few studies and applications of the aforementioned models, which has made it difficult to build the agricultural sector sustainably. In this paper, we outline the current situation and propose solutions to develop a circular economy model in agriculture in Vietnam for sustainable development.

Total Factor Productivity Growth and the Decomposition Components of Korean Port-Logistics Industry (항만물류산업의 총요소생산성과 그 분해요인분석)

  • Gang, Sang-Mok;Lee, Ju-Byeong
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.47-70
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    • 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.

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A Comparative Study on the Efficiency of Major Container Ports (세계 주요 컨테이너항만의 효율성 비교 연구)

  • Son, Yong-Jung
    • Journal of Korea Port Economic Association
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    • v.26 no.1
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    • pp.131-143
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    • 2010
  • This study aims to analyse efficiencies of international main container ports. For the purpose, it selected twenty main ports based on the volume of cargo of ports recorded in Containerisation International Yearbook and conducted BCC(efficiency analysis) on them. The variables which may influence efficiency of ports were selected based on previous studies. Berth, Depth, Crane and Total area were input variables and Total TEU was an output variables. The results are summarized as follows: First, DEA-CCR efficiency of Shenchen Port(China) was 1.0, which was the most efficient poor analysed. Second, DEA-BCC efficiency of Port of Singapore, Shenchen Port(China), Ningbo Port (China), Port of Tanjung Pelepas (Malaysia) was 1.0, which was the most efficient analysed. Third, efficient scale of Shenchen Port(China) has been 1.0 for four subsequent years from 2004 to 2007, which was the most efficient analysed.

A Study on the Analysis of Relative Efficiency of Logistics Facilities in Korea (DEA기법을 이용한 한국 물류시설의 효율성 분석)

  • Lee, Kwangbae;Choi, Yongseok
    • Journal of Korea Port Economic Association
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    • v.29 no.2
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    • pp.159-171
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    • 2013
  • This paper aims to analyse the relative efficiency of logistics facilities and suggest the policy alternatives for exploring and activating them. This study also divides the logistics facilities into airport terminals, logistics complexes, container terminals, and trucking freight terminals. For this purpose, the CCR-DEA as well as the BCC-DEA techniques are employed to show which part explains the primary cause of inefficiencies of each DMU(Decision Making Unit). The empirical results indicate that the efficiency of logistics complex is the lowest of all, while freight trucking terminal has the highest efficiency. This study also reveals that operation inefficiency is greater than scale inefficiency in most of DMUs, showing that much more effort be done for alleviating the cost resulting from irrational management.

A Study on Efficiency and Productivity Analysis of Mokpo Port -DEA model and FCM combined analysis- (목포항의 효율성 및 생산성 분석에 관한 연구 -DEA모형과 FCM을 결합분석법-)

  • Kim, Sam-Youl;Choi, Kyoung-Hoon;Pham, Thi Quynh Mai
    • Journal of Korea Port Economic Association
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    • v.36 no.1
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    • pp.183-196
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    • 2020
  • Until now, there have been few studies analyzing the efficiency of the Port of Mokpo and comparing it with other seaports in the country to identify the future direction of development for the port. In this paper, we use the data envelopment analysis (DEA) model in combination with the Malmquist Productivity Index (MPI) to measure the efficiency and productivity of major ports in Korea, focusing on the Port of Mokpo. First, the study identifies which ports are efficient or inefficient based on technical or operational scale. Second, by using the MPI to overcome the shortfalls of the DEA model, the study can compare a port's performance across the years and evaluate the productivity of a port during the research period. Moreover, this study also applies fuzzy C-means (FCM) clustering to classify port groups based on the size of their infrastructure and their efficiency scores. Finally, it is possible to find ways to enhance the efficiency and future direction of development of the Port of Mokpo.

Development of Air Cushion Transporter Using the Pneumatic Floating Pad (공기부양판을 적용한 에어쿠션 트랜스포터의 개발)

  • Jung, Hyunmok;Hong, Junhee;Yun, Dongwon;Park, Heechang;Kim, Byungin;Lee, Sunghwi
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.25 no.5
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    • pp.338-344
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    • 2016
  • Recent trends in transport system for carrying heavy freight are that demands of a high efficiency, economic efficiency, convenience and safety are increased. Conventional transport systems were poor in transport efficiency and economic efficiency. And Safety problems can be caused to products and workers. In order to overcome these problems, an air cushion transport device with a high-pressure air is required. The air cushion transporter is a device for reducing the frictional force of floor surface and lifting the heavy freight by spraying the high-pressure air to the floor. Technology to float and transfer freight using high-pressure air is very convenient and initial cost can be reduced. In this paper, the study on the levitation performance and transport efficiency of air cushion transport system is conducted and verified that air cushion transporter has a significantly higher transport efficiency than conventional heavy handling systems.

A Method of Measuring the International Competitiveness of Container Ports: A DEA Approach, Focused on Productivity Analysis (컨테이너항만의 국제경쟁력분석방법 : DEA접근 - 생산효율성분석을 중심으로 -)

  • 오성동;박노경
    • Journal of Korea Port Economic Association
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    • v.17 no.1
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    • pp.27-51
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    • 2001
  • The purpose of this paper is to investigate the productive efficiency of world container ports by using the DEA (Data Envelopment Analysis) method and raw data from previous research in measuring the international competitiveness of world container ports. Ports have to cope with rapid changes in shipping environments. In order for a port to compete in the global market, it must provide port services promptly and accurately. Basically, there are two approaches to measuring the international competitiveness of a container port. First, there is the traditional productivity analysis method, which analyzes productivity based on the container port's facilities (efficiency, selectivity, land availability), and by its general capacity (handling ability, storage capacity, terminal productivity). Second there is multi-attribute utility analysis, which considers several elements including the reasons for selecting particular container ports and factors determining international competitiveness. This paper follows the first method (traditional productivity analysis) and extends the limitation of previous studies by using the DEA method newly, and suggesting: the relative productive efficiency of container ports. The main results of this paper are as follows: First, the results of the DEA analysis in terms of world container ports matches that of a previous study (Jun et al., 1993) at a level of 35%. The low ratio is due to the constrained set of input-output elements, the result of only twenty container ports being analyzed in this paper. Second, the result of the DEA analysis in terms of North-East Asia's container ports matches with that of a previous study (Ha, 1996) at a level of 100 percent. Therefore we can conclude that the DEA analysis is the best measurement method for international competitiveness. Policy implications for this study are as follows: First, when port authorities want to measure the international competition power of container ports and enhance their productive efficiency, they should consider the traditional method and newly introduce the DEA method. Second, according to the analysis results of the DEA method, pen authorities should recommend benchmarking ports as reference ports in order to enhance the productive efficiency of container ports that show an efficiency score of below 1.

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The Efficiency and Determinants of 4 Major Container Ports in Korea (국내 주요 4대 컨테이너항만의 효율성 및 결정요인 분석)

  • Park, Ho;Kim, Dongjin
    • Journal of Korea Port Economic Association
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    • v.28 no.3
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    • pp.73-89
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    • 2012
  • As the environment surrounding ports is rapidly changing and ports competition in Southeast Asia has become more severe to secure cargo volumes, ports strive to enhance their competitiveness by improving the efficiency of operations. The operational efficiency of ports, plays a crucial role to improve a nation's. This study aims to analyze the efficiency of container port and its determinants during over five year(2006 to 2010) period using DEA-O and Tobit regression respectively. The results show that firstly, Gamman is the most efficient container terminal, followed by New Gamman container terminal and Hutchison Busan container terminal. Secondly, it is notable that the efficiency of Busan Newport is dramatically increasing, and finally, the yard productivity of the container port is only influencing determinant of all.

A Study on the Analysis of Container Ports' Efficiency using Uncertainty DEA model (불확실성 DEA모델을 이용한 컨테이너 항만의 효율성 분석 연구)

  • Pham, Thi-Quynh-Mai;Kim, Hwa-Young;Lee, Cheong-Hwan
    • Journal of Korea Port Economic Association
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    • v.32 no.1
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    • pp.165-178
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    • 2016
  • Container port nowadays becomes one of the most vital link of the transportation chain, plays an important role in trading with other countries. Therefore, evaluating the operational efficiency of container ports to reflect their status and to reveal their position in this competitive environment is very important for port development. Although there have been lots of methods used to measure efficiency in the past, the DEA (Data Envelopment Analysis) model is still the most commonly applied approach. However, the data used in the model sometimes is complex and uncertain to handle using the basic DEA model. In this paper, we applied an uncertainty theory to create an uncertainty DEA model (UDEA), which can solve the limitation of the traditional one. This study mainly focuses on measuring efficiency of 41 container ports by applying proposed an UDEA model. The results show that among 41 container ports, only six container ports are regarded to have efficient operation through the clustering, meanwhile others have technical and scale inefficiencies. We found out that an UDEA model is better to analysis efficiency than existing DEA model.