• Journal of Korea Water Resources Association
• /
• v.41 no.6
• /
• pp.597-603
• /
• 2008

This paper estimates technical efficiency of industrial water in order to afford some information for improving the efficiency of government water management policy. To estimate technical efficiency, this paper uses data envelopment analysis. The result shows that the average pure technical efficiency of industrial water is 0.407. This estimate is less than the estimates when all inputs are considered as variables in the previous researches. This result means that the managers may have not tried to improve the efficiency of industrial water usage since the cost for industrial water is trivial compared to other inputs. In addition, this result shows that the previous researches which assume that all inputs are used in efficient way may give a biased results.

• The Journal of the Korea Contents Association
• /
• v.8 no.5
• /
• pp.192-206
• /
• 2008

With many changes such as the increase in telemarketing, internet marketing and enforcement of bancassurance, the Korean life insurance companies have undergone a startling transformation. The purpose of this paper is to measure and analyse the static/dynamic efficiency of Korean life insurance companies employing Data Envelopment Analysis(DEA). As the result of the static efficiency analysis, we provide CCR, BCC and scale efficiency, return to scale, and reference set of Korean life insurance companies in 2004. And we also describe about the trend and stability of their efficiency for 7 years(1998-2004) in the dynamic efficiency analysis.

• Journal of ILASS-Korea
• /
• v.15 no.4
• /
• pp.177-181
• /
• 2010

This paper has designed a mixing enhancement apparatus called Lobed-plate and Step-plate and comparatively calculated desulfurization efficiency of when its shape was changed. The parameters used at this time were the shape, SR ratio and the number of nozzles of the mixing enhancement apparatus and comparatively analyzed desulfurization efficiency according to these parameters. As a result, the Step-plate appeared as more highly by around 4% than Lobed-plate in desulfurization efficiency according to the shape of the mixing promotion apparatus, and when the desulfurization efficiency as a SR ratio is considered, it appeared highly by an average of 5% when the SR ratio is 3 rather than 2. As a result of comparing desulfurization efficiency by fixing the SR ratio and setting the number of nozzles as 4 pieces and 6 pieces, there was no big change in desulfurization efficiency when the SR ratio is 2, but it could be confirmed to improve by around 5% when the SR ratio is 3 when time passed 8 seconds.

• Journal of the Korean Society of Fisheries and Ocean Technology
• /
• v.50 no.3
• /
• pp.262-273
• /
• 2014

To investigate the catching efficiency of a biodegradable round trap for a swimming crab (Portunus trituberculatus), four types of material (two types of biodegradable net, one type of biodegradable plus polyethylene net and one type of polyethylene net) for traps were used in the field test, and the field tests were carried out 11 times in the Boryeong fishing ground of Korea, 2012~2013. The catching efficiency of four type traps was analyzed by catch per trap, weight per trap and mean weight per individual of small and large size swimming crab. Statistical Kruskal-Wallis test was carried out to verify the significant difference for the efficiency between types of material. The catch in number of swimming crab was 9,015 and formed about 94.3% of total catch. In the results of catching efficiency of traps, there was a little difference in catch per trap, weight per trap and mean weight per individual of swimming crab in-situ data. But there was no significant difference in catching efficiency between the biodegradable traps and the PE trap (P>0.05), so it's needed to use widely a biodegradable trap for the conservation and sustainable management of swimming crab resources.

• Journal of Korea Ship Safrty Technology Authority
• /
• s.33
• /
• pp.53-62
• /
• 2012

Pumps are used widely in feed water, cooling & heating system and process line of industrial and construction fields. They consume nearly 20% of the each nation's total electrical energy. But The management of pump energy wasn't controlled well. Their loss of energy is huge if they have been operated at low efficiency. The first buying cost of pump is small compare to the power consumption of pump, so we can recommend the suitable replace time and best operating condition of parts and pump to measure the pump efficiency. Pump efficiency is usually measured according to the two methods which they are called thermodynamic method and traditional technique. And we measured the pump efficiency using two methods using potable pump efficiency measurement device and compared the results with the real performance curve offered from pump maker.

• KDI Journal of Economic Policy
• /
• v.40 no.4
• /
• pp.23-45
• /
• 2018

The Korean government has provided various policy devices to boost technology transfers between academia and industry since the establishment of the Technology Transfer Promotion Act in 2000. Along with the enactment of the law, the Korean government mandated the establishment of a technology transfer office at national and public universities and encouraged technology transfer activities. Despite the quantitative expansion of technology transfer offices (TTOs), operational inefficiency was brought up. As a supplementary policy, the Korean government implemented a line of projects to support the labor and business expenses of leading TTOs. This research questions whether the project greatly affected the technical efficiency of TTOs. We analyze publicly available university panel data from 2007 to 2015 using a one-step stochastic frontier analysis. The results suggest that the program was marginally effective at shifting the technical efficiency distribution to the right on average, but it failed to maximize its impact by diversifying the policy means based on targets. The marginal effects of the program on technical efficiency differ according to the research capability and size of each school. We also compare technical efficiency against the licensing income at the start and end of the program. Technical efficiency increased for the leading TTOs, and both measures show improvements for unsupported TTOs. Our empirical results imply that diversifying the program for universities with different characteristics may have improved the effectiveness of the policy.

• Journal of Drive and Control
• /
• v.16 no.2
• /
• pp.15-21
• /
• 2019

In this study, the maximum system efficiency of the electro-hydrostatic actuators was experimentally investigated, where small size external gear pumps with volumetric displacement under 1.3 cc/rev were combined with a 400W servomotor as the prime mover. Since the efficiency data of the servomotor, gear pumps and hydraulic cylinder were not provided by the suppliers, experimental apparatuses for their efficiency measurement were extra built up. When a gear pump with a volumetric displacement of 1.27cc/rev was used on an electro-hydrostatic actuator system, the maximum system efficiency was not higher than 70%. This was because the most effective operation ranges of the motor and pump did not coincide each other. In order to match their operation ranges as one of the most crucial design factors, a speed reduction mechanism can be used, such as a timing belt. It was shown in the study that the maximum system efficiency could be increased from 70% to 76% in that way.

• Journal of the Korean Society of Industry Convergence
• /
• v.26 no.6_3
• /
• pp.1205-1213
• /
• 2023

This study delves into methods for enhancing the power efficiency of air compressor systems, with the primary objective of significantly impacting industrial energy consumption and environmental preservation. The paper scrutinizes Shinhan Airro Co., Ltd.'s power efficiency optimization technology and employs machine learning ensemble models to simulate power efficiency optimization. The results indicate that Shinhan Airro's optimization system led to a notable 23.5% increase in power efficiency. Nonetheless, the study's simulations, utilizing machine learning ensemble techniques, reveal the potential for a further 51.3% increase in power efficiency. By continually exploring and advancing these methodologies, this research introduces a practical approach for identifying optimization points through data-driven simulations using machine learning ensembles.

• The Journal of Asian Finance, Economics and Business
• /
• v.7 no.7
• /
• pp.439-451
• /
• 2020

This study focused on researching the factors affecting retail banking efficiency of Vietcombank branches in the Mekong-Delta region. By collecting data from financial statements from 15 branches of VCB in the Mekong-Delta Region between 2015 and 2018, the paper applies DEA estimation to measure the effectiveness of retail banking activities and uses the Tobit regression model to identify factors affecting retail banking efficiency. The results demonstrate that the retail banking efficiency of branches averaged 52.5% during the period. The rating result shows the branches in An Giang, Can Tho, Dong Thap, Kien Giang, Long An, Phu Quoc and Tra Noc rank at the top technical efficiency. In group of medium efficiency, there are branches in Soc Trang, Tien Giang and Vinh Long. In the category of the poor efficiency are the branches in Bac Lieu, Ben Tre, Ca Mau, Chau Doc and Tra Vinh. The results also show that bank scale-related factors, capital adequacy, credit quality, time specific and region impact significantly the retail banking efficiency. The research not, only contributes to enriching the empirical research method but also is significant for the management activities in business developing strategies, improving the operational efficiency of Vietcombank in the region.

• Health Policy and Management
• /
• v.25 no.2
• /
• pp.97-106
• /
• 2015

Background & Methods: The purpose of this research is to estimate the efficiency of the pharmaceutical firms and the determinants of their efficiency. Stochastic frontier analysis(SFA) and panel study are applied to the data of 60 domestic pharmaceutical firms from 2006 to 2012. Results & Conclusion: First, the result of the stochastic frontier analysis shows that overall efficiency of the pharmaceutical firms is increasing as time goes by. However, if firms are classified by the scale, the larger firms show more efficiency and if classified by the degree of innovativeness, the innovative firms show more efficiency compared to the non-innovative firms. This evidences show that the scale and R&D investment have significant relationships with the efficiency of the pharmaceutical firms. Therefore, it is necessary to increase the national level of investment for the fundamental researches to vitalize R&D of the new drugs. Second, the result of estimation of the determinants of efficiency shows that the firms with larger sales promotion expenses and entertainment expenses have less efficiency compared to the other firms. This can be explained by the structural characteristics of the small generic pharmaceutical firms. Therefore, the government had better make the pharmaceutical firms to reduce sales promotion and entertainment expenses and increase R&D expenses by introducing systems such as global budgeting system on medicine or reference pricing system.