• Title/Summary/Keyword: Malmquist Analysis

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The Theoretical Comparison of Malmquist and Luenberg Productivity Indices & Empirical Analysis (Malmquist 생산성지수와 Luenberger 생산성지수의 이론적 관계와 실증적 분석)

  • Park, Hyun Suk;Yang, Dong Hyun
    • Health Policy and Management
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    • v.25 no.2
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    • pp.118-128
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    • 2015
  • Background: We measured productivity changes of regional public hospitals using both global Malmquist productivity index-based on global production possibility set over all the periods-and the traditional Malmquist productivity index and analyzed the factors of productivity change. Methods: The data used in this study is two annual inputs and two annual outputs of 32 regional public hospitals in Korea from 2005 to 2009 and the results such as distances and Malmquist productivity index and global Malmquist productivity index are obtained by an R program written for this study. Results: The results can be summarized as follows. Firstly, technical efficiencies of regional public hospitals are affected largely by scale efficiency than pure technical efficiency. Second, productivity progressed and technological change has more significant influence on productivity advance over the period between 2005 and 2009. Third, the circularity problem of the traditional Malmquist index is confirmed, and so the global Malmquist index without this problem are valid for the analysis. Conclusion: Though this study also has some limitations with the data of regional public hospitals with a short time span, it is the first study of hospitals using global Malmquist productivity index and later it can be expanded to private hospitals and longer time periods.

Analysis of Efficiency and Productivity Changes for Mail Centers Using DEA-Window Analysis and Malmquist Productivity Index (DEA-Window 분석 및 Malmquist 생산성지수를 사용한 우편집중국 효율성 및 생산성 변화 분석)

  • Lee, Jae-Seol;Goh, Hyun-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.4
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    • pp.79-86
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    • 2009
  • The purpose of this paper is to analyze the 24 mail center's efficiency and productivity changes from first quarter to fourth quarter of 2008 using window analysis and Malmquist productivity index. Row views of window analysis results make it possible to determine trends and/or observed behavior with the same data set, and column views to examine the stability of results across different data sets. Malmquist productivity indexes greater than unity translate into improvements in productivity, and less than unity mean deterioration in performance over time. The results of this study suggest that DEA models under dynamic situations such as window analysis and Malmquist productivity index enable us to comprehend the efficiency and productivity changes over time and to show the direction of improvements.

An Analysis about determinants of Total Factor Productivity and Technical Efficiency in Manufacturing Industries : Non-parametric Malmquist Approach (제조업의 총요소생산성과 기술적효율성 결정요인분석 : 비모수적 맴퀴스트 생산성 지수에 의한 분석)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
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    • 2009.04a
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    • pp.337-350
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    • 2009
  • Using the Malmquist productivity index, this paper compares the productivity of Korean manufacturing industries from 1999 to 2006. The malmquist productivity index has more advantages than previous methods such as solow model, endogenous growth theory. The malmquist productivity index can be decomposed productivity into two parts. The first part is an index of the technical efficiency change. This index has high value when the elements of production is used more efficiently. The second part is an index of technical change. This index has high value if the advent of new technology and process innovation occur.

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An Analysis of Efficiency and Productivity of Metropolitan Urban Railway Corporation (광역도시권 철도운영기관의 효율성 및 생산성 분석 연구)

  • Kim, Haegon;Lee, Jinsun
    • 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.

Productivity Change Analysis of Fisheries Cooperative Operating Office with Global-Malmquist Productivity : 2001~2010 (글로벌 Malmquist 지수를 이용한 수협상호금융 영업점의 생산성 변화 분석 : 2001~2010년)

  • Chang, Young-Jae;Lee, Kwang-Min;Hong, Jae-Bum
    • The Journal of Fisheries Business Administration
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    • v.43 no.2
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    • pp.95-106
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    • 2012
  • This study analyzed the changes in productivity growth of 291 regional fisheries cooperatives area from 2001 to 2010 selected as target. The productivity growth analysis of operating offices calculates Global-Malmquist productivity index. Input variables are number of the persons and the nettable area, output variables are deposit, loans and earnings. To improve the homogeneity of industry, the operating conditions were considered. Global Malmquist index of Operating offices was reduced between 2001~2010. The cause of increase and decrease of productivity are divided by efficiency change(EC) and best-practice change(BPC). Operating offices with increased productivity existed between 2001~2002 and between 2002~2003 and between 2006~2007. There were operating offices with increased productivity by EC. Global Malmquist index of Operating offices with locations was highest relatively in metropolitan. Operating offices with increased productivity existed between 2003~2004 and between 2007~2008 and between 2008~2009 in all locations. There were operating offices with decreased productivity by BPC.

Analysis on Efficiency and Productivity Changes of Regional Public Hospitals in Korea with Data Envelopment Analysis/Window and Global Malmquist Indices Models (Data Envelopment Analysis/Window 모형과 Global Malmquist 생산성지수 모형을 이용한 지방의료원의 효율성과 생산성 변화 분석)

  • Yang, Dong Hyun
    • Health Policy and Management
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    • v.23 no.1
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    • pp.78-89
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    • 2013
  • This study empirically analyze efficiency and productivity changes of public hospitals of Korea using data envelopment analysis/Window model and global Malmquist indices model. We use the ten-year data from 2001 to 2010 of 30 regional public hospitals listed database from the Association of Korean Regional Public Hospitals. The main focuses are to reveal whether the technical inefficiency are improved as time goes by, and efficiency and productivity are affected by environmental factors. The results can be summarized as follows. First, the efficiencies of public hospitals rise in trend as time passes. Second, regional public hospitals show the different average efficiencies according to their regional type, hospital type, operational type, medicaid type, and demand and supply conditions by Mann-Whitney U-tests. Third, technical efficiency changes mainly contribute to 4.4% annual average growth rate of productivity of regional public hospitals during that period. Our findings have some policy implications. It is confirmed that there exist some environmental inefficiencies, and those inefficiencies can not be overcome through just improving the inner management system. Thus, policy and institutional changes are necessary for regional public hospitals to improve efficiency and productivity overall.

Case Study on the Jeollabuk-do Local Water Supply Efficiency by using DEA and Malmquist Index (DEA 및 맘퀴스트 지수를 이용한 전라북도 지방상수도 효율성 사례분석)

  • Choi, Kyoung-Ho;Cho, Jung-Keun
    • Journal of Digital Convergence
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    • v.12 no.12
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    • pp.571-580
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    • 2014
  • Korea's water supply efficiency is low, due to weak industrial structure, such as small scale, regional disparities in the management and services, unreasonable problem in a use and management of interregional water resources. This study investigated changes in the productivity of Jeollabuk-do local water supply service by using analysis of efficiency by data envelopment analysis and Malmquist Index Analysis. As a result, 6 office is showed that the value of scale efficiency is 1 and productivity index per gun in mainly seemed below average. Therefore these offices should strive to increase their productivity. This study is differentiated from earlier studies in the aspect of measuring change of productivity by not only DEA but also Malmquist productivity analysis. Therefore it will contribute to increase productivity of water supply in Jeollabuk-do.

A DEA and Malmquist Index Approach to Measuring Productivity and Efficiency of Korean's Shipping Firms (DEA와 Malmquist 지수를 활용한 외항해운기업의 효율성 및 생산성 분석)

  • Hwang, Kyung-Yun;Sung, Bong-Suk;Song, Woo-Yong
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.323-350
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    • 2012
  • This study analyzes the efficiency of 25 shipping companies in Korea over the period 2005-2009, using Data Envelopment Analysis (DEA). Among 31 companies that listed in order of decreasing sales volume for the period 2006-2010, the sample companies has been selected on the ground of data availability. This study computes the companies' efficiency, estimates their year-on-year Malmquist productivity index, and analyzes the cause leads to the changes in the productivity, In particular, this study attempts, by dividing the companies into two group, listed or not, to compare the changes in the productivity and analyze the reasons. The results from static analysis based on CCR and BCC model indicate that listed companies are higher efficient than unquoted companies. The results from tests on the productivity changes based on the Malmquist productivity index show that 19 unquoted companies increase their average productivity by 16.2 percent year after year during the period but 6 listed companies increase by 0.5% during the same period.

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An Analysis of the Productivity Changes of Korean Pharmaceutical Industry Using Bootstrapped Malmquist Index (Bootstrapped Malmquist 지수를 이용한 국내 의약품산업의 생산성 변화 요인 분석에 관한 연구)

  • So, Soon-Hu
    • Management & Information Systems Review
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    • v.35 no.4
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    • pp.141-153
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    • 2016
  • This study estimates the productivity change of pharmaceutical industry and decompose the change into technical efficiency change and technological change to explore ways to improve the productive efficiency. Unlike most previous studies, this study employs the non-radial and non-oriented slacks-based Malmquist productivity index which can deals directly with the input excesses and output shortfalls. In addition a smoothed bootstrap method is applied to estimate statistical confidence intervals for the Malmquist Index and its components. For the empirical analysis a balanced panel data set is constructed covering ten years over the period from 2005 to 2014. The input variables used in this study are number of workers, tangible assets and major production cost. The gross production is selected as a main output variable. The empirical results suggest that the productivity of pharmaceutical industry has decreased due mainly to decline in the technological progress rather than improvements in technical efficiency. An analysis result shows that the scale efficiency outweighs the pure efficiency in determining the technical efficiency of pharmaceutical industry. Therefore, in order to enhance the competitiveness of domestic pharmaceutical industry, it is important to continue supporting policies to promote the technology innovation capability through efficient R&D investment and industry reform strategy.

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Analyzing the National Medical Service Efficiency of OECD Countries Using DEA and Malmquist Productivity Index (DEA와 맘퀴스트 생산성 지수를 활용한 OECD 국가간 의료서비스 효율성 분석)

  • Kim, Jihye;Kim, Haesoo;Leem, Bitna;Yoon, Janghyeok
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.4
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    • pp.125-138
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    • 2012
  • Health care that is considered to be one of the major factors for the quality of life is nowadays receiving a great deal of attention, and thus there is a growing need in Korea to identify the efficiency of national medical service and enhance the competitiveness. Although there exist studies on the medical service efficiency about general hospitals and local hospitals, they mostly deal with the efficiency problems from a domestic and regional perspective. In response, this paper analyzes the competitive efficiency of national medical service with respect to 16 OECD countries, by exploiting Data Envelopment Analysis (DEA) and Malmquist Productivity Index (MPI). Building on the DEA and MPI analysis results, this paper identifies the competitive position of Korean national medical service and suggests implications for the medical service improvement.