• Title/Summary/Keyword: Economy efficiency

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The Coordinated Development of New Urbanization Quality and Green Economy Efficiency in Jiangsu Province (중국 강소성 신도시화의 질적향상과 녹색경제효율성의 연계 발전에 관한 연구)

  • Manqian Cao;Jae-Yeon Sim
    • Industry Promotion Research
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    • v.8 no.2
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    • pp.165-176
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    • 2023
  • This article uses panel data of thirteen prefecture-level cities in Jiangsu Province from 2007 to 2021, and adopts entropy method, SBM model, and coupling coordination degree model to empirically study the development level of new model of urbanization and green economic efficiency in Jiangsu Province and the coupling coordination relationship between them. The results show that: the coupling coordination was in a moderate disorder and on the verge of disorder in 2008 and 2009. However, it steadily improved after 2010, and even witnessed a significant increase from 2018 to 2021. After that, it shows a high-quality coordination in 2021, indicating that the level of coordination between urbanization and green economic efficiency in Jiangsu province is steadily improving. Analyzed from a spatial perspective, the overall development of the regions in the province is sound and the coordination is growing at a significant rate, but there are still certain gaps in the coordinated development between the regions.

Measuring the Managerial Efficiency of Insurance Companies in Saudi Arabia: A Data Envelopment Analysis Approach

  • NAUSHAD, Mohammad;FARIDI, Mohammad Rishad;FAISAL, Shaha
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.297-304
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    • 2020
  • This paper applies the Data Envelopment Analysis (DEA) to compute the managerial efficiency of 30 insurance companies listed on the Saudi stock exchange for the duration of four years from 2015 to 2018. The companies taken as a sample of study included both conventional and Takaful insurance companies. The insurance sector of KSA is one of the largest sectors in the country, contributing a substantial percentage in the non-oil economy. Efficiency measurement and evaluation will provide a venue to introspect and benchmark frontiers to the sector. In the present study, we have utilized the basic Banker Charnes Cooper and Charnes Copper Rhodes models of DEA. Two inputs, namely, general & administrative expenses and policy & acquisition costs, and two outputs (Net premium earned and Investment Income & other incomes) were taken for efficiency calculations. The final outcomes of the study reveal that a good number of insurance companies operating in KSA are found to be efficient on managerial efficiency scale. Three firms remain the leader on the frontier of the managerial efficiency. And no company found with zero (0) efficiency or a negative efficiency. It is expected that the outcome of the study will provide benchmarks to managers and a road map to further improvement.

Determinants of Commercial Banks' Efficiency in Bangladesh: Does Crisis Matter?

  • Banna, Hasanul;Ahmad, Rubi;Koh, Eric H.Y.
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.3
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    • pp.19-26
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    • 2017
  • Banks play a crucial role in bringing stability and economic development through their expected contribution in proper financial resource mobilisation across the economy. Despite the importance, there is little focus in recent literature which provided the empirical evidence how the global financial crisis affect the bank efficiency in Bangladesh. Thus, this paper aims to examine the effect of the global financial crisis and other factors on the efficiency of Bangladesh commercial banks. By employing the Data Envelopment Analysis (DEA) method, we computed the technical efficiency of individual banks operating in the Bangladesh banking sector during 2000 to 2013. The empirical findings indicate that the Bangladesh banking sector has exhibited the highest efficiency level during 2001, while efficiency seems to be at the lowest level during 2010. The study finds that crisis along with bank size, capital adequacy ratio, return on average equity and real interest rate have a significant effect on bank efficiency in Bangladesh. In order to keep the sound financial development of Bangladesh, banks operating in the Bangladesh banking sector have to consider all the potential technologies which could improve their profit efficiency levels, since the main motive of banks is to maximise shareholders' value or wealth through profit maximisation.

A Study on the Amelioration of Volumetric Efficiency by Variable Induction System in a Diesel Engine (가변 흡기시스템에 의한 디젤기관의 체적효율 향상에 관한 연구)

  • Kang, H.Y.
    • Journal of Power System Engineering
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    • v.10 no.1
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    • pp.12-18
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    • 2006
  • A three-degree of freedom model of intake system was contrived and investigated in various ways for the purpose of the amelioration of the volumetric efficiency in a low and transient engine speed for a multi cylinder diesel engine. The basic concept beyond this model started from the theory that each degree of freedom model has volumetric efficiency peak as many as its number of the degree of freedom. The volumetric efficiency affects significantly to the engine performance; torque characteristics, fuel economy and emission level. For commercial vehicles and stationary engines, the engine is designed so as to produce their best performance near the normal engine speeds, thus the low engine speed area has a tendency of poor volumetric efficiency. The aim of this study was highlighted on the amelioration of volumetric efficiency of low engine speed area in a multi cylinder diesel engine matched with an additional Helmholtz resonator. By the use of VIS(variable induction system) volumetric efficiency at low engine speed range was significantly improved. The availability of control by combination of VIS and CIS(conventional induction system) will be proposed as a variable induction system that would be an appropriate model for amelioration of the volumetric efficiency at low engine speed.

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Development of Shift Map for TMED Type DCT PHEV in Charge Sustaining Mode considering Transmission and Motor Losses (변속기 및 모터 손실을 고려한 TMED Type DCT PHEV의 CS 모드 주행 시 변속맵 개발)

  • Jeon, Sungbae;Bae, Kyunggook;Wi, Junbeom;Namkoong, Choul;Goo, Changgi;Lee, Ji-suk;Hwang, Sung-Ho;Kim, Hyunsoo
    • Transactions of the Korean Society of Automotive Engineers
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    • v.25 no.3
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    • pp.367-373
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    • 2017
  • In this paper, a new shift map was proposed to improve the fuel economy of a transmission mounted electric device(TMED) type dual clutch transmission(DCT) plug-in hybrid electric vehicle(PHEV) by considering transmission and motor losses. To construct the shift map, powertrain efficiencies of the engine-DCT-motor were obtained at each gear step. A shift map that provides the highest powertrain efficiency was constructed for the given wheel torque and vehicle speed. Simulation results showed that the fuel economy of the target PHEV can be improved by the new shift map compared with the existing engine optimal operating line(OOL) shift control.

A study on pilot Test of the Composition Presplitting Angle Cut method in tunnel blasting (터널 심발부의 선균열을 이용한 발파공법의 현장시험에 관한 연구)

  • Hwang, Hak;Lee, Tai Ro
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.4 no.4
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    • pp.287-300
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    • 2002
  • Composition Presplitting Angle Cut (COPA-Cut) is a newly developed blasting method for tunnel excavation. Contrary to existing methods, COPA-Cut first creates presplitting by tension crack in cut. In this study, field tests measuring the advance efficiency, noise and ground vibration were performed in order to verify the presplitting effect. To compare the economy and workability, tests were simultaneously performed by COPA-Cut and existing method on the same condition. Results show that COPA-Cut increased advance efficiency and decreased noise and ground vibration. Also, it was confirmed that COPA-Cut is superior to existing method in terms of economy, workability and quality control.

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Fuel Efficiency and $CO_2$ Emission Characteristics on Driving Cycle Mode and Ignition Advance Condition Change of CNG/LPLI Bi-Fuel Vehicle (CNG/LPLI Bi-Fuel 자동차에서 주행시험 모드와 점화진각에 따른 연비 및 $CO_2$ 배출가스 특성)

  • Cho, Seungwan;Kim, Seonghoon;Kwon, Seokjoo;Park, Sungwook;Jeon, Chunghwan;Seo, Youngho
    • Journal of ILASS-Korea
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    • v.19 no.1
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    • pp.33-39
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    • 2014
  • Due to persist of high oil prices, LPG price stabilization and CNG modification project will be conducted. Present study describes the fuel efficiency and $CO_2$ emission characteristics on driving cycle mode and ignition advance condition change of CNG/LPG Bi-Fuel vehicle. In case of LPG Base and CNG Base condition, considerable $CO_2$ emissions are generated within range of high acceleration on FTP-75 and HWFET driving mode. However previous phenomena does not appear in CNG fuel $10^{\circ}CA$ and $15^{\circ}CA$ spark advance condition. As a result of analyzing the experimental data CNG $S/A10^{\circ}CA$, CNG $S/A15^{\circ}CA$, CNG Base, and LPG Base sequentially measured high fuel economy and low $CO_2$ emission characteristics.

The Simulation of Hybrid Electric Vehicle - ADVISOR(Advanced Vehicle Simulator) (하이브리드 전기자동차 시뮬레이션 - ADVISOR)

  • Nam Jong-Ha;Choi Jin-Hong;Baek Jong-Yeop;Jang Dae-Kyoung;Hwang Ho-Seok
    • Proceedings of the KIPE Conference
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    • 2006.06a
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    • pp.225-227
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    • 2006
  • The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) first developed ADVISOR in 1994. Between 1998 and 2003 it was downloaded by more than 7,000 individuals, corporations, and universities world-wide. In early 2003 NREL initiated the commercialisation of ADVISOR through a public solicitation. AVL responded and was awarded the exclusive rights to license and distribute ADVISOR world-wide. AVL is committed to continuously enhance ADVISOR's capabilities. Provides rapid analysis of the performance and fuel economy of conventional and advanced, light and heavy-duty vehicle models as well as hybrid electric and fuel cell vehicle models. ADVISOR Simulates the Following Vehicle Characteristics. - Optimal drivetrain component sizes that provide the best fuel economy Vehicle's ablility to follow the speed trace - Amount of fuel and/or electric energy required by various vehicle concepts - Peak power and efficiency achieved by the drivetrain components - Torque and speed distribution of the engine - Average efficiency of the transmission - Gradeability of vehicles at various velocities

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Implement of Power Density for AC Generator Using a Fill Factor of Slot (슬롯의 점적률을 고려한 교류발전기의 출력밀도 개선)

  • Lee, Jae-won;Kim, Young-Kil
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2017.05a
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    • pp.275-278
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    • 2017
  • The automotive society is facing many challenges in minimizing the energy loss to improve performance and fuel economy of the vehicle. This work "Implement of Power Density for AC Generator Using a Fill Factor of Slot" is a research in Electrical Generator design, to improve power density of Alternator used in conventional IC engine powered vehicles. The power density of the alternator directly influences the fuel economy and performance in the motor vehicle. The size and weight of the alternator can be reduced by suitably designing power density of alternator. The simulation model of alternator is made and tested for different stator space factor using solid and round conductor to demonstrate the improvement in the output performance and efficiency. The result shows that there is an average 10% improvement in efficiency of alternator by using the solid conductor. The energy balance of the system also increased SOC in the base model.

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A Study on the Stratified Combustion and Stability of a Direct Injection LPG Engine (직접분사식 LPG 엔진의 성층화 연소 및 안정성에 관한 연구)

  • LEE, MINHO;KIM, KIHO;HA, JONGHAN
    • Transactions of the Korean hydrogen and new energy society
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    • v.27 no.1
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    • pp.106-113
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    • 2016
  • Lean burn engine, classified into port injection and direct injection, is recognized as a promising way to meet better fuel economy. Especially, LPG direct injection engine is becoming increasingly popular due to their potential for improved fuel economy and emissions. Also, LPDi engine has the advantages of higher power output, higher thermal efficiency, higher EGR tolerance due to the operation characteristics of increased volumetric efficiency, compression ratio and ultra-lean combustion scheme. However, LPDi engine has many difficulties to be solved, such as complexity of injection control mode (fuel injection timing, injection rate), fuel injection pressure, spark timing, unburned hydrocarbon and restricted power. This study is investigated to the influence of spark timing, fuel injection position and fuel injection rate on the combustion stability of LPDi engine. Piston shape is constituted the bowl type piston. The characteristics of combustion is analyzed with the variations of spark timing, fuel injection position and fuel injection rate (early injection, late injection) in a LPDi engine.