• Title/Summary/Keyword: Economic efficiency index

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International Trade and Logistics of Kazakhstan and Its Trading Partners: Contribution to Economic Growth and Distribution of Trade Flows

  • Zhanarys RAIMBEKOV;Zhibek RAKHMETULINA;Tana ABYLAIKHANOVA;Bakyt SYZDYKBAYEVA;Aigerim RAKHMETULINA
    • Journal of Distribution Science
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    • v.21 no.9
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    • pp.67-79
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    • 2023
  • Purpose: To investigate the intensity of bilateral international trade of the Silk Road Economic Belt (SREB) countries with Kazakhstan, its relationship with logistics (LPI), to assess their contribution to economic growth and distribution of commodity flows. Research design, data, and methodology: The method of analyzing the bilateral trade flow was applied by using the trade intensity index (TII) and a multidimensional regression model describing the relationship between LPI and its components, TII, the volume of exports and imports, GDP. Results: The nature and directions of the relationship between TII and the key components of logistics, the positive impact of LPI on the intensity of trade are established. It is revealed that the intensity of trade between the countries in the direction of the EAEU-Kazakhstan has a greater impact on the growth of LPI than in the opposite direction. At the same time, the higher the level of trade integration and the volume of GDP, the stronger their impact on the efficiency of logistics and distribution of commodity flows. Conclusions: Effective distribution of commodity flows will require the development of logistics components based on the direction of bilateral trade and the size of countries, the intensification of state reforms in the field of international trade and distribution logistics.

Development of a Numerical Model for Measuring a Comprehensive Regional Accessibility (종합지역접근성 측정모형의 개발)

  • 노정현;류재영
    • Journal of the Korean Regional Science Association
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    • v.10 no.2
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    • pp.61-71
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    • 1994
  • Despite of being the criteria to choose the efficient and reasonable alternatioves inactual planning process, the measure of accessibility rarely has applied to practices because each model has unexplicity concept of it and limitations in itself. Accessibility implies transportation system which offers opportunity of movement to overcome spatial separation and, simultaneously, land-use system which represents the location of each activity. Therefore, measures of accessibility have to represent the attractiveness of locations and the interactions of activities, that is, land-use and transportation, with an index. Considering that urban activity is based on the economic efficiency, costs and benfits, accessibility means the economic efficiency of the location of activity and the travel in view of land-use and transport repectively. Combined models that measure accessibility with considering land-use and tranportation simultaneously depend on reasonable concepts, but it is too simple for them to explain the accessibility which resulted from complex interaction of urban activities. Combined urban activity model developed by Kim (1983) and Rho (1989) explains the characteristics of activities in each regions and urban strcture in economic general equilibrium states in the long term of urban system. This model measures a regional accessibility with a dual variable which means the location surplus. This is a more systematic and comprehensive model for calculating the regional accessibility because it considers the interaction of each activity in urban system. It needs efforts to apply the accessibility index as a criterion in actual planning process through finding and quantitification of other explanatory variables to measure it in combined urban activity model.

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Evaluating the Efficiency of Chinese Ports from the Perspective of Maritime Silk Road (중국 일대일로 항만의 효율성 평가)

  • Wang, Guan;Ahn, Seung-Bum
    • Journal of Korea Port Economic Association
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    • v.37 no.1
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    • pp.19-30
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    • 2021
  • The 21st Century Maritime Silk Road (MSR) is an important part of Belt and Road Initiative(BRI). As an economic and trade corridor for dozens of countries in Asia, Europe and Africa, and the port as an important link node, the efficiency of port operation directly affects the implementation of BRI's strategy. On the basis of combining BRI and related evaluation methods of port efficiency, this paper uses DEA-BCC model to select port production berth number and production berth length as input index container throughput and cargo throughput as output index to analyze the port efficiency of 14 ports in China. The results show that: (1) The overall efficiency level of the ports along the MSR is relatively low. Most of the ports have not reached the DEA efficiency and there are different degrees of problems in scale investment and technological improvement. However, this situation is accompanied by the implementation of China's maritime cooperation strategy and becoming better year by year. (2) The low operating efficiency of ports along China's MSR is mainly due to the lack of coordination between scale efficiency and technical efficiency, which is caused by insufficient scale investment in the port itself, weak economic linkage between the hinterland and the port, (3) Whether a port has a strong comprehensive strength does not entirely depend on the cargo throughput or scale but also includes the port's operating efficiency.

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.

The Effect of International Trade on Rule of Law

  • Yang, Junsok
    • East Asian Economic Review
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    • v.17 no.1
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    • pp.27-53
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    • 2013
  • In this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and imports as percentage of GDP,) international trade and basic human rights seem to have little relationship; but trade has a close positive relationship with strong order and security. Somewhat surprisingly, regulatory transparency and effective implementation seems to have little or no effect on international trade and vice versa. International trade shows a clear positive relationship with the country's criminal justice system, but the relationship with the civil justice system is not as clear as such. For regulatory implementation and civil justice, services trade positively affect these institutions, but these institutions in turn affect exports more strongly than services trade. Finally, the effect of trade on rule of law is stronger on a medium to long term (10-20 year) time horizon.

Comparison of Cultural Industry Efficiency between China and Korea (중국과 한국의 문화산업의 효율성 비교)

  • Qu, Tian You;Im, Kwang Hyuk;Kim, Sang Wook
    • The Journal of the Korea Contents Association
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    • v.20 no.6
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    • pp.470-481
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    • 2020
  • Cultural industry's role in national economic growth has increased gradually and drawn increasing attention due to the immense window effect on other industries. Especially, China has fully pushed forward with the development of cultural industry to sophisticate industrial structure since the 2000's. In Korea, the cultural industry has played the leading role in the national economic growth through intensive investment relatively early compared with China. Under the circumstance, this study compared the cultural industry efficiency between China and Korea to examine cultural industry's impact on economic growth and its potentials. The greatest difficulty in comparing the cultural industry efficiency between China and Korea is the development of comparable statistical data. This study chose the number of businesses and the number of employees as the input variables for efficiency analysis and the sales of cultural industry, the output variable. Also, the efficiency was comparatively analyzed through DEA-Malmquist index. Integrated DB about local governments and basic data from KOSIS were used for Korean data and the National Bureau of Statistics of China's data were used for Chinese data. The analysis period was set to 2013-2017. According to analysis, the Malmquist index for Korea was 1.048 and China, 1.041. In other words, Korea improved the efficiency by 4.8% during the analyzed period and China, 4.1%. This result can be attributed to the fact that the cultural industry in Korea was reaching maturity during this period while the cultural industry in China was entering the growth period.

Research on Water-Energy-Food Comprehensive Utilization Efficiency in China (중국의 물-에너지-식량 종합 이용 효율성을 평가 연구)

  • LU, YULIN;HE, YAN
    • Journal of Digital Policy
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    • v.1 no.2
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    • pp.9-15
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    • 2022
  • The World Economic Forum has included Water-Energy-Food among the three major risk groups in the world, and Water-Energy-Food is related to the development strategies of countries and the lives of their citizens. This study calculates the combined Water-Energy-Food use efficiency in China for 2011-2020 based on the SBM-Malmquist index. The results show that the overall combined Water-Energy-Food efficiency in China is low, but shows an upward trend. There is a clear variability in the combined Water-Energy-Food utilization efficiency in China, with an overall geographic distribution pattern of East > Middle > West. Only Beijing and Shanghai have reached the real above effective nationwide, and all other provinces have inefficiency between input and output. The Malmquist index of integrated Water-Energy-Food utilization efficiency is 1.136, with an up ward trend, and technical efficiency and technological progress lead the improvement of integrated Water-Energy-Food utilization efficiency in China at the sametime. The Water-Energy-Food issue should be raised to a strategic level as soon as possible, and policy support should be provided for its development. Each region should establish a cross-regional coordinating body to formulate targeted measures according to the province's food production and water distribution, so as to promote economic transformation from sloppy development to green development as soon as possible.

Energy Efficiency Improvements in the Korean Industry (한국 제조업의 에너지효율 향상평가)

  • Park, Hi Chun
    • Environmental and Resource Economics Review
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    • v.10 no.2
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    • pp.135-159
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    • 2001
  • This study analyses the energy consumption increase by using a physical production index (PPI) based decomposition method. The energy efficiency of the Korean industry deteriorated to a large extent in the 1992 to 1997 period. This outcome, however, does not contradict the result of a previous study that the physical energy intensities (measured by energy use per production unit) decreased in four Korean energy intensive industries such as steel, cement, petrochemical and pulp and paper in the same period. Although the physical energy intensities in four industries considered decreased significantly, the energy efficiency of the Korean industry deteriorated because the increase in the value-added production was smaller than that in the physical production except for the steel industry. This outcome suggests that the reduction in the physical energy intensity alone will not result in reducing the economic energy intensity, thereby reducing the increase in the energy consumption of the Korean industry. Therefore, it necessitates to restructure the Korean industry towards a higher value-added production and to strengthen energy efficiency improvement efforts in the Korean industry. As the overinvestment in the energy intensive industries caused a deep price fall of Korean products and a reduction of the value added of the Korean industry and with it an increase in the economic energy intensity, a decrease in this intensity will highly depend on reducing the overcapacity in the energy intensive industries which was partly responsible for the currency and economic crisis of 1997.

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Changes in the Weekly Working Hours and the Efficiency of Labor, 1963~2003 (취업시간과 노동능률의 변화: 1963~2003)

  • Kim, Dongseok
    • KDI Journal of Economic Policy
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    • v.26 no.2
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    • pp.143-178
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    • 2004
  • For a thorough accounting for economic growth, it is desired to include the working hours and the efficiency of labor as production factors in addition to the number of workers and human and physical capital stocks. This paper estimates the distribution of weekly working hours of total workers as a continuous variable using the maximum likelihood method, estimates the efficiency of labor as a function of working hours using wage statistics, and by combining these results, estimates the labor efficiency index in Korea for the period 1963~2003. Estimation results show that the efficiency of labor was maximized when the weekly working hours was 40 hours, and the average annual growth rate of the labor efficiency for the period 1963~2003 was 0.14 percent.

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Basic Design of Software for Eco-Efficiency Assessment of Electric Motor Unit(EMU) (전동차 에코효율성 평가를 위한 S/W 기본설계)

  • Kim, Yong-Ki;Lee, Jae-Young;Seo, Min-Seok;Eun, Jong-Hwan
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.1253-1258
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    • 2006
  • As a global effort to conservate the environment, life cycle assessment(LCA) which considers the environmental impact through the life cycle of a product, from acquiring of resources to scrapping, has been actively applied. The LCA is a tool to calculate quantitatively the environmental impacts caused by products or services through their life cycles. Eco-efficiency need that express value of environmental impact provision EMU and develops in two forms according to use target of Eco-efficiency as a tool that environmental impact of EMU. It is a strategic instrument which assists stakeholders to understand which products, processes or services to target with future investments and which are not by comparing economic and ecological values. The results stand for aggregated information on economical value and environmental impact. Also, In this method, it is important to derive EPI(Environmental Performance Index) and SPI(Service Performance Index) from the sources available. The following is used as one of Eco-efficiency tools to achieve the target performance of processes, products and services for designer or projector. According to the eco-efficiency methodology for EMU developed in this study, the user definition and the DB design were carried out as a basic design of eco-efficiency S/W.

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