• Title/Summary/Keyword: Malmquist Productivity Index

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Analyzing the Efficiency of Regional Medical Resource Uses for Foreign Patient Care (외국인 환자 진료를 위한 지역별 의료자원 이용의 효율성 분석)

  • Cha, Sun-Mi;Lee, Kwang-Soo
    • The Korean Journal of Health Service Management
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    • v.7 no.3
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    • pp.225-235
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    • 2013
  • This study purposed to analyze the productivity of regional medical capacity in attracting medical tourist between 2009 and 2011. Data envelopment analysis (DEA) and Malmquist productivity index (MPI) were applied to test the productivity and changes in study periods. The DEA model included a number of doctors, nurses, and beds as input factors, and a number of inpatient and outpatient, and hospital income as output factors. The result of the study were as follow. Jeju had efficiency value of 1 for three years. Seoul, Busan, Daegu, Daejeon, Ulsan, Gyeonggi, Gangwon, Jeonnam, Gyeongbuk, and Gyeongnam showed an increasing trend of efficiency value over three years. Seoul had the efficiency value, 1, in 2011. But, Incheon, Gwangju showed decreasing efficiency score during the study period. MPI showed overall productivity decrease during the period. Further studies will be needed by collecting more time-series data.

Analyzing the Technical Efficiency of Korean System Integration Firms Using DEA and Malmquist Productivity Analysis (자료포괄분석과 생산성지수분석을 이용한 국내 SI기업의 효율성 분석)

  • Kim, Kon-Shik
    • Journal of Information Technology Services
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    • v.5 no.1
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    • pp.1-16
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    • 2006
  • This paper analyzes the technical efficiencies of 40 Korean system integration firms using data envelopment analysis (DEA) and Malmquist productivity indices. Technical efficiencies on average had been decreased over the five year period and the efficiency difference between best practice firms and catch-up firms had been increased during this period, meaning that the industry structure has become matured and the possibilities for catch-up firms to be efficient are not remained so much. The differences in efficiency by the differences in ownership structures are statistically significant. It implies that the efficiencies of group-affiliated firms have come from benefits such as the captive market umbrellas, not from their own management competencies. In addition, the technical efficiency is highly correlated with captive market sales, information productivity, sales per employees, rates of value added, returns on invested capital, and EBITDA.

Analysis on Productivity Change in Korean Shipbuilding Industry using Malmquist Productivity Index (Malmquist 생산성 지수(MPI)를 이용한 한국 조선 산업의 생산성 변화)

  • Park, Seok-Ho
    • Journal of Korea Port Economic Association
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    • v.34 no.1
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    • pp.51-64
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    • 2018
  • The purpose of this paper is to analyze the productivity change of the Korean shipbuilding industry between 2001-2008 and 2008-2015 by using MPI(Malmquist Productivity Index) to decompose the sources of total factor productivity growth into technical efficiency change, scale efficiency change, pure efficiency change, technical change. The empirical results are as follows. In the first half of the year (2001-2008), productivity increased by 2.8%, which was due to technological advances rather than technical efficiency. In the second half (2008-2015), productivity change declined by -3.4%. This is attributable to the technical efficiency deterioration and technological degeneration caused by a decrease in shipbuilding orders due to the global economic downturn after the global financial crisis and the rise of Chinese shipbuilding industry. In the first half of the period, productivity change was higher than in the second half. Especially, the difference between the two periods is attributed to the technical change and it was proved by statistical verification. The policy implications of this paper suggest that the government and each DMU need to develop new technologies to cope with changes in the global shipbuilding industry environment and strategies to eliminate inefficiencies in order to increase productivity in the future.

The Performance Analysis of Container Terminals in Vietnam using DEA-Malmquist

  • NGUYEN, Dai Duong;Park, Gyei-Kark;Choi, Kyoung-Hoon
    • Journal of Navigation and Port Research
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    • v.43 no.2
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    • pp.101-109
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    • 2019
  • Seaports play a vital role in the economic development of countries, especially for countries having long coastlines such as Vietnam Seaport industry in Vietnam has witnessed an impressive development in recent years. The national cargo throughput in the period 2013-2017 achieved a compounded annual growth rate (CAGR) of 11.8%/year, higher than that of the world (5.1%). However, the differences in planning policies and infrastructure systems has led to the differences in port performance efficiency of regional ports. Therefore, it is necessary to have a general and accurate view of the picture of Vietnam's seaport. The objective of this study was to analyze the relative efficiencies of 26 Vietnam container terminals using traditional output-oriented CCR and BCC DEA model. Malmquist P roductivity Index (MP I) was also applied to evaluate changes in container terminals productivity over time.

The Change of Productivity and Efficiency of Korean Shipbuilding Industry and Its Determinants (조선산업의 생산성과 효율성 변화와 그 결정요인)

  • Park, Seok-Ho;Kim, Ho-Nam
    • Journal of Korea Port Economic Association
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    • v.28 no.2
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    • pp.155-177
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    • 2012
  • This paper aims at measuring the changes of Malmquist productivity and technical efficiency of Korean shipbuilding Industry and examinig their determinants utilizing the panel analysis. The increase of the technological progress was greater than technical efficiency, resulting in the increase of the total factor productivity for the period of 2004-2010. This study also employs the panel technique to analyse the effects of Employee, Dock, and Length on the changes of Malmquist productivity and technical efficiency. The dependent variables are obtained from three combinations, which are (Employee, Dock, and CGT), (Employee, Length, and CGT), and (Dock, and Length, and CGT). The empirical results show that all of the explanatory variables have a positive effect on the change of Malmquist productivity and technical efficiency.

A Study on the Measurement and Effect Factors of Productivity of the Korean Ocean Carriers (금융위기 이후 국적 외항선사의 생산성 측정과 영향요인에 관한 연구)

  • Nam, Hyung-Sik;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.44 no.4
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    • pp.338-346
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    • 2020
  • In this study, we first measured the Malmquist productivity index by DEA among the Korean ocean carriers. Second, it was intended to present measures to improve productivity by identifying the influence and discriminating power between productivity and the major financial ratios (profitability, financial stability, liquidity, efficiency and value-added productivity). Compared to 2017, there are 11 more shipping carriers with decline in productivity (MPI) than those with an increase in 2018. The increase in productivity is attributed to an increase in the Technology Change Index (TCI) affected by the external environment. There is strong significant correlation between the productivity (MPI) and the management efficiency (CRS). Additionally, the TECI (TECHI) index of the technological efficiency changes from internal factors of the shipping carrier is significantly higher than that of the efficient shipping carrier. This is because of the differences in scale efficiency. The ratio of charter cost/sales is also lower than that of the carriers with high productivity (0.17) and with low productivity (0.21). With 7% of the shipping carrier with MPI>1, only 1% of MPI <1 is found to have a significant impact on its productivity.

A Study on Efficiency of Local Water Supply Service Contracting by Data Envelopment Analysis and Malmquist Index (DEA 및 Malmquist 지수를 이용한 물자원사업 민간위탁경영기관에 관한 효율성 분석)

  • Kim, Hee-Kyung;Lee, Chang-Won
    • Management & Information Systems Review
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    • v.36 no.3
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    • pp.89-111
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    • 2017
  • The era of today's day is that the era of the black gold age is now approaching the era of the blue gold age. As the importance of water increases, support and policies for the water industry are presented. The water industry is a public service industry but it faces the problem for unbalanced supply between users. One of solutions for solving the problem at hand is the privatization of the public service and it is the most sensitive and focused subject to the issue. Korea is also coming up for the privatization of the water industry. So, one of the privatization operations based on the privatization of the current waterworks law is management contract by the specialized organization and it is in progress to enhance the efficiency of public services. Therefore, this study aims at finding out the local water supply services' efficiency by K-Water using DEA(Data Envelopment Analysis), and productivity analysis by malmquist index on 18 organizations of the implementation of local water supply management contract using the date from 2012 to 2014. According to the result of the DEA, 10 of the 18 organizations were the most efficient during 3 years and malmquist index for analysing the productivity was decreasing. That is because of the leakage ratio and utilization ratio of the raw water and both of them are significant to productivity. As a result, this study differs from the previous studies by analysing efficiency and productivity using DEA and malmquist index to the solution for the problem faced by current water industry.

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A Methodological Approaches on the Global Green Growth (글로벌 녹색성장의 연구방법론적 고찰)

  • Choi, Yong-Rok
    • International Commerce and Information Review
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    • v.14 no.2
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    • pp.349-367
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    • 2012
  • Recently, the global paradigm on the economic structure has been changed from the price-oriented borderless competition toward the sustainable quality movement due to the ever-increasing global warming and environmental issues. Since Korea hosted the global 20 summit in 2010, it has promoted the green growth policies and asked for the other countries to participate in. Unfortunately, it is not easy to figure out the green growth or green productivity because the economic performance has a side effect of environmental pollution such as CO2 emission. This paper aims to analyzes the methodological comparison for all the related issues with green productivity and suggests the new paradigm of global Malmquist-Lundberger index (GML) as the most flexible field and performance-oriented criteria to measure the green productivity.

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An Analysis of the Efficiency and Productivity of Domestic Construction Companies (국내 건설기업의 효율성 및 생산성 분석)

  • Joo, Su-Min;Lee, Suchul;Hong, Jong-Yi
    • Journal of Information Technology Applications and Management
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    • v.27 no.1
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    • pp.1-13
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    • 2020
  • This study aims to measure the efficiency and productivity change of 30 domestic construction companies from 2010 to 2018 using data envelopment analysis(DEA) and Malmquist productivity index (MI). In particular, we used the number of employees, capital stock, and non-current assets as input variables, and sales and net income as ouput variables for the analysis. The dataset used for the analysis of efficiency and productivity changes is the employee profile and financial statements for the companies from 2010 to 2018. We found that the MI of the 30 companies is greater than one since 2013. This is because many years of TEC (Technical Efficiency Change) is greater than 1, which means that the productivity index increases as the TEC increases. In addition, the MI value was less than 1, which lowered the productivity of construction firms in 2018. The results of the study may help decision makers to find effective future management plans by analyzing the internal and external factors.

A Study on the Productivity and Efficiency Comparative Analysis of Container Terminal in Busan New Port (부산신항 컨테이너터미널 효율성 및 생산성 비교 분석)

  • Kang, Seok-Han;Nam, Jung-Woo;Sim, Min-Seop;Kim, Yul-Seong
    • Journal of Navigation and Port Research
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    • v.45 no.3
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    • pp.138-147
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    • 2021
  • The need for analysis of the operational efficiency and productivity of the Busan Port Container Terminal is increasing because of the Hanjin Shipping's bankruptcy and the re-establishment of the Maritime Alliance. This paper analyzes the efficiency and productivity of five Busan New Port Container Terminal companies by using the DEA analysis and Malmquist productivity index model based on the port construction disclosure data and the collected terminal internal data. According to the analysis, the average efficiency of the five container terminals increased in 2018 but declined slightly in 2019, and the Malmquist index showed that all terminals except A have advanced productivity. Additionally, relative to facility productivity, operators at the North Container Terminal had higher facility productivity than operators at the Busan New Port Nam Container Terminal, and regarding capital productivity, the D terminal ported by HMM, a national shipping company, was the highest in facility productivity. Regarding labor productivity, the C terminal showed the highest productivity, and regarding ship work productivity, the A terminal showed the highest productivity.