• Journal of Korea Port Economic Association
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• v.36 no.1
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• pp.183-196
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• 2020

Until now, there have been few studies analyzing the efficiency of the Port of Mokpo and comparing it with other seaports in the country to identify the future direction of development for the port. In this paper, we use the data envelopment analysis (DEA) model in combination with the Malmquist Productivity Index (MPI) to measure the efficiency and productivity of major ports in Korea, focusing on the Port of Mokpo. First, the study identifies which ports are efficient or inefficient based on technical or operational scale. Second, by using the MPI to overcome the shortfalls of the DEA model, the study can compare a port's performance across the years and evaluate the productivity of a port during the research period. Moreover, this study also applies fuzzy C-means (FCM) clustering to classify port groups based on the size of their infrastructure and their efficiency scores. Finally, it is possible to find ways to enhance the efficiency and future direction of development of the Port of Mokpo.

• The Journal of Fisheries Business Administration
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• v.41 no.3
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• pp.21-44
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• 2010

The paper estimates changes in total factor productivity and technical efficiency change index and technical change index using Malmquist productivity index(MPI) in fisheries wholesale products over the time period of 2006 through 2008. The model considers a number of employees and operating costs as input factors, and sales and EBIT(earnings before tax and interest) as output factors. The results indicate that, between 2006 and 2007, there is in general technical progress in which TCI(Technical Change Index) indicates 2.7994 in the sale scale of 50 million won through 100 million won, while there are no efficiency in TECI(Technical Efficiency Change Index), PECI(Pure Efficiency Change Index) and SECI(Scale Efficiency Change Index) which are estimated to be around 1. Between 2007 and 2008 technical efficiency and technical progress are generally declined, compared to those of 2006 and 2007. Wilcoxon's rank-sum test shows that there are statistically significant difference of TCI and MPI between two periods at the level of 5%, while there are statistically significant difference of TECI, PECI and SECI between two periods at the level of 5%.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.66
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• pp.263-284
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• 2015

This study has analyzed the efficiency of 10 leading global shipping companies listed in the New York Stock Exchange from2010 to 2014 in order to find the changes of the productivity of shipping industry. The paper observed the Malmquist Productivity Index by using Efficiency and Productivity Analysis System Version 1.0. The data used in this study is the Guggenheim Shipping ETF mainly including the companies of shipping, management, and shipbuilding areas. The results from this statistical analysis indicate that the 10 selected companies have experienced a severely negative growth in 2010. Nevertheless, these companies have accomplished a significant growth of productivity. In particular, the energy transport companies operating Tanker and LNG ships carried out remarkable growth. The reason why the productivity of liner shipping companies did not show the improvement of productivity for five years was attributed to the fact that the P3(Project 3) or M2(Maersk-MSC) including Maersk, MSC, and CMA-CGM were excluded in this research because of the difficulty of attaining reliable source data. The method of this study could be extended to Korean shipping corporations and other global airlines to investigate a changes of certain industries.

• The Korean Journal of Health Service Management
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• v.10 no.2
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• pp.71-82
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• 2016

Objectives : This study purposed to analyze the productivity trends of regional health care resource uses in South Korea. Methods : Data was provided from the regional health care statistics by the National Health Insurance Service(NHIS) and collected from 2011 to 2014 at the 226 administrative regions such as Si(city in Korean), Gun(county in Korean), Gu(district in Korean). Productivity trend was analyzed with Malmquist Productivity Index(MPI). Input variables were the number of medical personnels, facilities, and major medical equipments. Output variables were the number of inpatient and outpatients in model A, and the amount of inpatient and outpatient reimbursements in model B. Results : In model A, the productivity of 62 regions were increased but it was decreased in 164 regions. In model B, the productivity of 123 regions were increased but it was decreased in 123 regions. Conclusions : If these trends were continued, there will be problems with the efficiency of national regional healthcare resource utilization. Health policy makers will require to focus in solving this phenomenon.

• Journal of the Korea Institute of Building Construction
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• v.13 no.2
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• pp.193-201
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• 2013

Recently there has been insignificant growth in the Korean construction management (CM) market, in comparison to the previous year. However, despite stagnation or even decreasing growth trends, the number of domestic companies participating in the CM market has increased rapidly. As follows, market movements of CM despite trending in stagnant growth or decrease, the market has been increasing firms which entry the market. The reasons for such dynamic change must be examined first, in order to facilitate analysis of its competitive structure. This study aims to examine the market competition structure and analyze the reason for proliferation of companies in the sick CM market. This study employs market concentration ratio and DEA-based Malmquist productivity indices to analyze the competitive structure of the CM market. Results reveal that the CM market has been monopolized by a few companies, but this is gradually changing. In addition, these companies were not productive, but there has been a gradual increase in the productivity index. Therefore, this study, which provides the direction index of the CM market, has implications for all major stakeholders in this market.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.10
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• pp.6066-6075
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• 2014

The aim of this study was to analyze the productivity changes in government-funded research institutes for Economics & Humanities and Social Sciences. From Malmquist total factor productivity index analysis, the average productivity decreased 6.5% between 2006 and 2010. Further analysis showed that technical efficiency increased 4.7% annually while the technology change rate decreased 10.8% on average. Under pressure for innovation from the outside, research institutes responded to managerial efficiency improvement, which lead to increases in technical efficiency. On the other hand, for productivity improvement of government funded research institutes, they must pursue technological advances by securing an outstanding research workforce, expanding the R&D budget, and changing the R&D method. Each institute must perceive the cause of an individual institute's productivity change, and establish strategies for increasing productivity.

• Journal of Navigation and Port Research
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• v.46 no.2
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• pp.110-120
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• 2022

Spain is Europe's second-largest country with total throughput reaching 16.7 million twenty-foot equivalent units (TEU) by 2020. The purpose of this study was to measure and compare the efficiency of 17 container terminals. As a study method, the DEA-CCR model, undesirable variable, and Malmquist Index (MI) were used for data envelopment analysis (DEA). The study results are as follow: (1) DEA-CCR is used to evaluate basic efficiency. The most efficient terminals are decision-making units DMU 1 (APM Terminals (Algeciras Port)), DMU 2 (Total Terminal International Algeciras (Algeciras Port)) and DMU 5 (Barcelona Europe South Terminal (Barcelona Port)). (2) Undesirable DEA was conducted to suggest inefficiency from the undesirable output. Overall, the efficiency scores were reduced. However, DMU 1, DMU 2, and DMU 5 maintained efficiency scores regardless of the finish factor. (3) Malmquist Index was used to observe technology and efficiency changes dynamically. The changes in TCI affected Spanish container terminals more than the Technical Efficiency Change Index (TECI) in 2018-2019. However, in 2019-2020, the TECI was 2.706, higher than the TCI value, indicating that the change in TECI had more influence on the increase in productivity. This study offers a broader understanding of Spanish container terminals.

• Journal of Technology Innovation
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• v.21 no.3
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• pp.41-72
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• 2013

In this study, a comparison has been made among the countries regarding recent ICT practices being performed based on the measures of relative efficiency and productivity growth that use multiple inputs and outputs. Efficiency measures a country's ICT performance relative to a benchmark at a given point of time and productivity measures a country's performance over a period of time. An output-oriented Data Envelopment Analysis and Malmquist Index has been used for comparison among 28 countries over the period 2008-2011 by incorporating 9 variables. The empirical findings disclose gross inefficiencies in national ICT practices, which show that there is room for enhancing output gains through increased efficiency in their operations. In addition, 13 countries have performed better than others in total factor productivity mainly because of their improvement in the underlying technological progress in ICT. For those technically inefficient countries, however, technical inefficiency may hamper the growth of total factor productivity of ICT practices.

• Journal of the Korean Society for Railway
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• v.13 no.4
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• pp.462-467
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• 2010

This paper uses MPI (Malmquist Production Index) method to provide basic information and policy direction derived to improve the productivity. This can identify whether or not the railroad service have excellent services, if there are structural problem, in which sector is experiencing a degree of productivity, in which sector should be set targets to some degree. According to the result, the productivity of Korea railway lines is measured 1.1 both publicity and profitability aspects. Changes in production technology were the most important causes. Strategic planning should consider to increase the productivity such as modernization of facilities and equipment, cost savings, and increase in productivity of employee and rail cars.

• Journal of Korean Institute of Industrial Engineers
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• v.36 no.3
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• pp.186-192
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• 2010

The present study classified the auto-parts makers into four groups according to their investment ownership. Four groups consist the one fully owned by Koreans, the one fully owned by foreigners, the one owned less than 100% but more than 50% by foreigners, lastly the one owned by less than or equal to 50% by foreigners. Among these, the auto-parts makers, 100% foreign ownership, have the highest Malmquist productivity index while 100% Korean-owned part-makers has the lowest productivity. In case of the 100% foreign ownership companies, the cause of Malmquist change, however, is attributed to the technical efficiency change. In particular, the pure technical change is the main source of the Malmquist change. This may indicate that the 100% foreign-owned companies have successfully transferred their production process technologies to the Korean plants. They are enjoying so called the "imitation-effect." 100% Korean-owned companies were not able to create the "imitationeffect" and therefore failed to close the gap with the foreign-owned companies in terms of the production efficiency. 100% Korean-owned auto-parts makers, however, outperformed the foreign-owned companies in the technological change. The outstanding technological change may indicate that Korean-owned part makers were able to narrow the gap with the foreign-owned companies in the area of engineering technological capabilities. The same results were also observed for 50% foreign-owned companies. Knowing that the core competence of the auto-parts makers lies on the engineering technological capabilities, the research found that the most desirable form of the foreign investment was 50% of foreign ownership.