• Title/Summary/Keyword: Efficiency Measure

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An Analysis of the Efficiency of Watermelon Using the Bootstrapping DEA Model (시설수박의 출하시기별 효율성 분석)

  • Lee, Sang-Ho
    • Korean Journal of Organic Agriculture
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    • v.26 no.1
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    • pp.33-41
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    • 2018
  • The paper aims to estimate efficiency of watermelon by using a bootstrapping approach to generating efficiency estimates through Monte Carlo simulation resampling process. We use the input-output data for watermelon 107 farmers. The main results are as follows. The estimates of efficiency depends on the methodology. The estimates of general DEA is greater than the bootstrapping method. The technical efficiency and pure technical efficiency measure of watermelon is 0.72, 0.82 respectively. However the bias-corrected estimates are less than those of DEA. We know that the DEA estimator is an upward biased estimator. According to these results, the DEA bootstrapping model used here provides bias-corrected and confidence intervals for the point estimates, it is more preferable.

The Impact of Innovation Activities on Firm Efficiency: Data Envelopment Analysis

  • PHAM, Tien Phat;QUDDUS, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.895-904
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    • 2021
  • This study aims to investigate the impact of innovation on firm efficiency. Panel data of fourteen finance companies and nine technology companies from 2011 to 2019 on the Vietnam Stock Exchange Market is derived from audited financial statements, annual reports, and other crucial reports that are provided by Vietstock; macroeconomic variables are collected from the World Bank Database. A two-stage approach is used. First, use of the Data Envelopment Analysis methodology to measure firm efficiency. Second, use of the Pooled ordinary least squares, the Fixed effects model, and the Random effects model to investigate the impact of innovation on firm efficiency. Furthermore, the Generalized Method of Moments and the Tobit model are used to validate the impact of innovation on firm efficiency, and the t-test is used to confirm the difference in efficiency with and without the impact of innovation between two industries. The results show that there is a significant impact of innovation on efficiency, and innovation plays a more important in increasing the efficiency of the finance industry than the technology industry. Moreover, the relation between age and efficiency is like the U-shaped, and between size and efficiency is like the inverted U-shaped, whereas efficiency is not associated with inflation.

An Estimate of the Required Number of Yard Tractor in Container Terminal (컨테이너터미널의 야드 트랙터 소요대수 추정)

  • Choi, Yong-Seok;Kim, Woo-Sun;Ha, Tae-Young
    • Journal of Navigation and Port Research
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    • v.28 no.6
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    • pp.549-555
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    • 2004
  • The purpose of this study is to estimate the required number of yard tractor on port container terminal. The number of yard tractor is the bottleneck factor on the efficiency of container terminal. Due to the change in travel speed and travel distance, the efficiency is difficult to estimate. The efficiency of yard tractor is estimated by the proposed simulation model that developed considering the queueing network between container crane and transfer crane. The number of yard tractor per container crane is estimated by the alternative analysis. And to determine the number of yard tractor per container crane, the performance measure such as the distance between berth and yard, the speed of yard tractor are simulated.

Analysing Productivity Change in Vietnamese Garment Industry Using Global Malmquist Index

  • MAI, Thanh Khac;NGUYEN, Van;VU, Trang Huyen Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.1033-1039
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    • 2020
  • Vietnam is conducting an export-led growth model and labour-intensive industries contributing majorly to the total export value. In the context of Industry 4.0, the labour-based industries are significantly affected; hence, enhancing productivity is the key measure to maintain these industries. The garment industry contributes significantly to the total export value of Vietnam. Based on meta-frontier framework, the approach of data envelopment analysis is used to measure technical efficiency of Vietnamese garment firms and the global Malmquist TFP index is utilised to identify productivity change and its components including efficiency, technology and technical gaps between different groups of firms. The data of Vietnamese garment firms from 2013 to 2018 collected from the Vietnam General Statistic Office is used in this study. The results show that: (i) The total factor productivity of Vietnamese garment firms growth, technical progress is the main contributor; (ii) The private garment sector is the leading group; (iii) There is a large technological gap among Vietnamese garment sectors. The private and FDI garment firms have experienced a growth in all components of total factor productivity change. Meanwhile, technological progress change is the main reason to constrain the productivity growth of state-owned garment firms.

A STUDY ON RELATIVE EFFICIENCY OF KERNEL TYPE ESTIMATORS OF SMOOTH DISTRIBUTION FUNCTIONS

  • Jee, Eun-Sook
    • The Pure and Applied Mathematics
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    • v.1 no.1
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    • pp.19-24
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    • 1994
  • Let P be a probability measure on the real line with Lebesque-density f. The usual estimator of the distribution function (≡df) of P for the sample $\chi$$_1$,…, $\chi$$\_$n/ is the empirical df: F$\_$n/(t)=(equation omitted). But this estimator does not take into account the smoothness of F, that is, the existence of a density f. Therefore, one should expect that an estimator which is better adapted to this situation beats the empirical df with respect to a reasonable measure of performance.(omitted)

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Development of Ventilation Duct Chamber for Reducing Space (공간 절약형 환기덕트를 위한 챔버 개발에 관한 연구)

  • Kim, Sang-Jin;Choi, Sang-Sik;Lee, Sung
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.535-539
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    • 2008
  • The machinery ventilation system in case of using the window nature ventilation is difficult due to strong outdoor wind pressure is common ventilation measure. increasing height and decreasing economical efficiency problem because of ventilation duct installation is rising and a measure is urgent. The purpose of this study is analysis required height according to each ventilation system and development of ventilation duct system to reducing height and model testing.

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Decomposition and Super-efficiency in the Korean Life Insurance Industry Employing DEA

  • Lee, Hyung-Suk;Kim, Ki-Seog
    • International Journal of Contents
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    • v.4 no.3
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    • pp.1-9
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    • 2008
  • The Korean life insurance industry has undergone profound changes, such as the beginning of the variable insurance in July 2001 and the bancassurance enforcement in August 2003. However, little empirical research has analyzed data that includes the bancassurance of life insurance companies operating in Korea. In response to this lack of research, this paper applies DEA (data envelopment analysis) models to measure and decompose their efficiency. We discovered that life insurance companies operating in Korea are a little different in their composition ratio of inputs and outputs, due to the increased variety of distribution channels and new products. We provided efficiency scores, return to scale, and reference frequencies. We also decomposed CCR, BCC, and SBM efficiency into scale efficiency and MIX efficiency. So, we try to investigate whether the sources of inefficiency were caused by the inefficient operation of DMU, disadvantageous conditions, the difference of the composition ratio in inputs and outputs with reference sets, or any combination of the above. Most companies in the sample display had either constant or decreasing returns to scale. The efficiency rankings were less consistent among models and efficient DMUs. In response to this problem, we used the super-efficiency model to rank them and then compared the rankings of the DMUs among the various models. It was also concluded that the availability of panel data, rather than cross-sectional data, would greatly improve the validity of the efficiency estimates.

Analysis of Research and Development Efficiency of Artificial Intelligence Hardware of Global Companies using Patent Data and Financial data (특허 데이터 및 재무 데이터를 활용한 글로벌 기업의 인공지능 하드웨어 연구개발 효율성 분석)

  • Park, Ji Min;Lee, Bong Gyou
    • Journal of Korea Multimedia Society
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    • v.23 no.2
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    • pp.317-327
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    • 2020
  • R&D(Research and Development) efficiency analysis is a very important issue in academia and industry. Although many studies have been conducted to analyze R&D(Research and Development) efficiency since the past, studies that analyzed R&D(Research and Development) efficiency considering both patentability and patent quality efficiency according to the financial performance of a company do not seem to have been actively conducted. In this study, measuring the patent application and patent quality efficiency according to financial performance, patent quality efficiency according to patent application were applied to corporate groups related to artificial intelligence hardware technology defined as GPU(Graphics Processing Unit), FPGA(Field Programmable Gate Array), ASIC(Application Specific Integrated Circuit) and Neuromorphic. We analyze the efficiency empirically and use Data Envelopment Analysis as a measure of efficiency. This study examines which companies group has high R&D(Research and Development) efficiency about artificial intelligence hardware technology.

A Study on the Evaluation of Efficiency in the Korean Small and Medium sized Construction Firms (국내 중소건설업체의 효율성 평가에 관한 연구)

  • Kim, Hyuk;Yoo, Han-Joo;Song, Gwang-Suk
    • Journal of Korean Society for Quality Management
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    • v.38 no.3
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    • pp.463-474
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    • 2010
  • In this study, we evaluate the efficiency of Construction Industry using Data Envelopment Analysis(DEA). Since the Construction Industry has been traditionally operated through competition, it is important to measure the efficiency. In this paper, we empirically analyze the Efficiency of the 50 Korean Construction Industry. In detail, we used the scale of efficiency in order that efficiency cannot be affected by the total technical efficiency of each company and the scale of DMU by applying CCR or BBC model. Also, we analyzed the changes of measurement DEA model score. we adopted the basic DEA, RTS Region and MPSS(Most Productive Scale Size) method which are combined with efficiency measurement model in order to analyze the operational status. Furthermore, by complementing the shortfalls of the scale efficiency value of the DEA Model, RTS Region Model can be recommended to be appropriate in the evaluation of ideal input/output Quantity. In particular, input variables are total assets, construction capacity, the technical staff and output variables are sales volume, operating income. The result of RTS Region and MPSS shows that 9 DMUs of the efficiency frontier in the Construction Industry are analyzed to be relatively efficient DMUs, and 41 DMUs are analyzed to be inefficient DMUs, and finally inefficient DMUs are separated with Region 1 and Region 6.

A Study on the Technology Transfer Efficiency for Public Institutes Using DEA Model (DEA 모형을 이용한 공공연구기관의 기술이전 효율성 분석에 관한 연구)

  • Hyon, Man-Sok;Yoo, Wang-Jin
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.2
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    • pp.94-103
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    • 2008
  • This study measured technology transfer efficiency for public institutes. The study made use of DEA being one of the non-parametric linear programming to evaluate technology transfer efficiency for public institutes and to measure technology efficiency, pure technical efficiency and scale efficiency. The measurement of the technology transfer efficiency for public institutes was as follows: The cause of the technology transfer inefficiency was affected by pure technical inefficiency more than by scale inefficiency. Public institutes' RTS(Return To Scale) value varied depending upon the features of the organizations than the features of the regions. Public research institutes' RTS value is more effective than universities' RTS value. We compared the RTS group with the RTS of Projected DMU groups. The RTS group had constant returns to scale effect while the RTS of the Projected DMU had increasing returns to scale effect. The technology transfer efficiency of public institutes varied depending upon the features of the organizations and regions : The technology transfer efficiency of public institutes were as follows : public research institutes at the metropolitan area, public research institutes at the local areas, universities at the metropolitan area and universities at the local areas. In other words, the technology transfer efficiency was affected by organizational characteristics more than by regional characteristics at the place where public institutes were located.