• The Journal of Asian Finance, Economics and Business
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• v.9 no.7
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• pp.261-271
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• 2022

Over the last 20 years, the insurance industry in Vietnam has been rapidly growing with an average annual growth rate of 21%, one of the most active markets in Southeast Asia, raising the question of efficiency to managers, investors, and regulators. This article is one of the first research works using Data Envelopment Analysis combined with the Malmquist index over the period from 2016 to 2020 for 37 insurance firms in Vietnam to investigate the efficiency of this sector. The value-added approach is employed with total equity and operating expenses as inputs, finance income, and gross written premium as outputs. The findings reveal that most of Vietnam's insurance companies are operating quite effectively, and the non-life sector is more efficient than the life sector. There is also a regression in efficiency change, while there is a progression in technological change and total factor productivity change during the period examined. The goal of this research is to give a fundamental understanding of the overall efficiency of insurance firms in Vietnam, and help managers, investors, policyholders, and government agencies make better decisions regarding self-assessment, M&A activities, deregulation... Consequently, the insurance sector could improve in terms of efficiency and develop sustainably over time.

• Journal of the Korean Society for Precision Engineering
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• v.20 no.1
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• pp.151-158
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• 2003

Design changes frequently occur while design activities are performed. If the impact of design changes is estimated, design efficiency can be improved. But, the types of design changes are various and they can affect other design parts. Hence, it is difficult to deal with design changes directly. The purpose of this research is to develop systematic algorithms for change propagation tracing and change impact analysis, and then to implement a change impact analysis system. We have selected a process-based design and a design environment which is composed of design parameters and constraints. The algorithm for change propagation tracing tracks the change propagation of design parameters and finds design parameters, constraints and tasks which are probably changed. In the algorithm for change impact analysis, a change impact value is calculated from the list of changeable tasks. These two algorithms have been implemented into change impact analysis system (CIAS). CIAS has been applied to the redesign of 2 stage gear drives. CIAS can improve the efficiency of design activities. If there are many alternatives for a design change at the redesign step, designers can calculate the change impact value of each alternative and perform design change activities in the direction of minimizing design change impact.

• The Journal of the Korea Contents Association
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• v.10 no.5
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• pp.303-313
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• 2010

The purpose of this study is to evaluate the performance efficiency and productivity change of the regional public hospital in Korea. We use DEA(Data Envelopment Analysis) for CCR, BCC model, and MPI(Malmquist Productivity Index). DEA is a useful nonparametric technique for measurement of efficiency of a DMU(Decision Making Unit) and MPI is a evaluation method to measure DMU's productivity change. We utilize 34 regional public hospital's time-series data over 6 years from 2003 to 2008.The results of this study were as follows. First, technical efficiency(TE) 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, MPI's results show that regional public hospital made effort to improve total factor productivity change to raise technical efficiency. In order to raise efficiency, the regional public hospitals should deploy internal innovation and the government should support welfare policies.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.1
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• pp.241-248
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• 2019

The purpose of this study is to investigate empirical evidences of productivity of life insurance institutions in Malaysia. Therefore, this study attempts to explore the productivity of the life insurance institutions in Malaysia. The overall findings show that the total factor productivity (TFP) has progressed by 2.5% per year during the study period from 2012 to 2016 in the Malaysian insurance industry. However, TFP change has declined from 2012 to 2015 and observed a negative growth in 2015-16 (3.3%). The highest productivity progress was documented during 2012-13 at a rate of 11.7% while the minimum productivity progress was during 2014-15 (only 0.2%). The results also indicate that the decomposition of TFP found that overall progress could mainly be attributed to technological change (TC). However, technical efficiency change (TEC) and pure technical efficiency change (PTE) have negative impact on TFP. The findings also show that most of the insurance companies have a steady growth. Therefore, this study will contribute new insights for the policy makers and insurance institutions to take appropriate steps in developing relevant policies for increasing productivity of insurance institutions in Malaysia.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.2
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• pp.767-776
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• 2014

This study estimated productivity change and RTS using Parametric and Non-Parametric approach with 5 year annual data from 2006 to 2010 of 20 public general hospitals in Vietnam collected from Ho Chi Min City Health Department of Health Database. The results could be summarized as follows; First, by the Non-Parametric approach. cumulated productivity growth of 5 years was increased by 2.8% due to regress 5.2% of technical efficiency, 0.3% of pure technical efficiency, but scale efficiency was decreased 5.1% Second, by the Non-Parametric approach, cumulated productivity growth was decreased by 12.8% to due to drop of 17.1% of technical change, 9.1% of scale efficiency. In conclusion, the common result of both approaches was that scale inefficiencies occurs in public hospitals in Vietnam, and they affected productivity change of public hospitals in Vietnam. Namely, 70% to 80% of the analyzed Vietnam public hospitals were at the status of DRS(decreased returns to scale), which suggested that they had oversupply beds relative to the number of occupied patients, it was meaningful that this study was the first study in Korea to measure efficiency and productivity change of Vietnamese public general hospitals and so it could be utilized as the basic information needed to enter hospital industry of Vietnam in the future.

• Journal of Advanced Information Technology and Convergence
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• v.10 no.1
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• pp.57-69
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• 2020

In general, many IoT devices, including smart phones, use LTE, Wi-Fi, and Bluetooth, and these communication modules generate a lot of energy consumption during periodic data transmission. This paper proposes a method of the data transmission mode change for improving energy efficiency in various communication environments that mobile devices may encounter. We propose an algorithm for setting the mode considering energy efficiency, data transmission performance and cost when the mobile device transmits data, and transmitting the data in an optimized manner according to the state of the mobile device. The proposed algorithm is implemented through experiments on energy efficiency for each communication module, and the scenario is used to verify how efficiently the proposed algorithm uses energy.

• Proceedings of The Korean Society of Agricultural and Forest Meteorology Conference
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• 2016.09a
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• pp.11-14
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• 2016

• Journal of Korea Port Economic Association
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• v.22 no.3
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• pp.59-78
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• 2006

The purpose of this paper is to analyze the trend on scale efficiency of the Port of Gwangyang from 1994 to 2004 using CCR, BCC, and Malmquist index approaches. The main results are as follows. first, scale efficiency shows a 50% similar [5(94/95, 95/96, 97/98, 2001/2002, 2003/2004) out of 10] pattern to technical efficiency change. Second, total factor productivity increased at 48.57% rate of growth on average in 6 out of 10 periods except 96/97, 97/98, 99/2000, and 2000/2001. 2003/2004 period is the one period experiencing rapid total factor productivity changes, mainly due to technical progress. Third, the ranking order of accumulative indices is scale efficiency change, TFP change, efficiency change, technical change, and pure efficiency change. The main policy implication of this paper is that according to the CCR, BCC, and Malmquist results, the Port of Gwangyang should develop the plan for enhancing the 5 Malmquist indices with following the management way of benchmarking ports.

• Journal of Environmental Impact Assessment
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• v.20 no.5
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• pp.585-600
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• 2011

South Korean central government has launched the first comprehensive climate change policies in 1999, and they have been renewed every three year. The third policies ended in 2007. However, it is quite rare to analyze whether the climate change policies are effective against climate change. In this context, this paper aims at analyzing the effectiveness of climate change policy which was launched for seven years from 1999 to 2007 in South Korea. The effectiveness analysis of policy can be done in terms of the individual policy and/or all policies being synthesized as a comprehensive unit. Employing the latter methodology, this paper analyzed the effectiveness on the basis of economic growth as independent variable, greenhouse gas emission as dependent variable, and energy use and its process as intervening variable. Seven analytic indicators covering the three variables were selected on the basis of two points in time before and after climate change policy having been launched. The seven indicators were analyzed in terms of three aspects. They were the change in the state of each indicator, the effectiveness of climate change policy from 1999 to 2007, and the effectiveness process from 1999 to 2007. The effectiveness process was analyzed in terms of the relational context and its flow processing path. Economic growth was advanced remarkably with increase in the total consumption of energy. As a result, greenhouse gas emission increased. However, energy efficiency increased with significant decrease in energy intensity, carbon intensity, and energy elasticity. The expansion of new and renewable energy over total energy supply was not effective significantly on the decrease in greenhouse gas emission. The processing path of climate change policy being effective advanced toward increase in energy efficiency through energy intensity rather than toward sustainable development. Such a way of the effectiveness of climate change policy implies that most policies focused on adaptation rather than on mitigation.

• Journal of the Korean Society for Railway
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• v.19 no.3
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• pp.397-407
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• 2016

This study analyzed the efficiency change and the factors affecting productivity change for the six railway operation corporations that are local public enterprises; study was performed with the DEA-CCR Model and Malmquist Productivity Index, using data collected from 2010 to 2014. Since it was not feasible to collect data on the operating expenses and the number of employees of each of the lines, the efficiencies of each operation corporation were analyzed by integrating the operation corporations, and the Malmquist Productivity Index was used to investigate the trend of the periodical productivity change. Average efficiency for urban railway operation corporations was found to be higher in the case of the bigger corporations. In 2014, the Seoul Metro and the Daejeon Metropolitan Express Transit Corporations were analyzed and found to be the most efficient operation corporations. The Malmquist Productivity Index was used to determine the periodical change; the average MPI was 1.06, with a continuous increase of productivity. The analysis showed that changes of technology were generally more obvious than change of technology efficiency for all six operation corporations.