• The Journal of Fisheries Business Administration
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• v.50 no.2
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• pp.41-56
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• 2019

The aim of this study is to analyze the productivity change of pollock enterprise by applying a mutually quadratic hyperbolic model and a bootstrapping model. This study used 20 units of pollock firms data (from 2013 to 2017). As a result of total productivity analysis of twenty pollock enterprises, total factor productivity was estimated to have decreased by 24.9% over the last five years (2013~2017). The main cause of this productivity decline was analyzed by technical change. In terms of annual productivity change, it showed decrease 3.0% in 2013~2014, 7.8% in 2014~2015, 4.5% in 2015~2016 and 4.7% in 2016~2017 respectively. In the analysis of productivity by corporation type, total factor productivity showed a significant decrease in both general corporation and external corporation, and productivity decrease (-29.3%) was larger than general corporation (-23.0%). In the productivity analysis by type of business, total factor productivity decreased significantly in the order of wholesale and commodity brokerage (-26.3%), food manufacturing (-25.1%) and fisheries (-15.3%). This decrease in productivity was caused by the technological change which indicates a downward shift in the production curve that is significant in all sectors.

• 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.

• Journal of Navigation and Port Research
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• v.33 no.2
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• pp.153-159
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• 2009

The awareness of the high-value industry for container terminal leads competitiveness of container terminals to keep high fiercely. In regards to competitive factors of container terminal, the most important point among several factors is seemed to be the speed of container loading and unloading on quayside. In container terminals in Korea, the productivity shows big difference even though its condition is similar to each terminal. The objective of this paper is to find the critical factors of container terminal productivity, which is dependant upon the capability, quantity of quay crane, transfer vehicle, and so on. For this purpose, we have researched related literatures, and collected data about container terminals in South Korea. Furthermore, we tested sensitive analysis to evaluate the extent of productivity by changing independent variable. And then we established the regression model to evaluate which factor has had the biggest impact on productivity. The results of this paper can give terminal operators guideline to improve productivity.

• Asia-Pacific Journal of Business
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• v.11 no.2
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• pp.189-206
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• 2020

Purpose - The purpose of this study is to clarify the mediating effect of profitability and activity in the relationship between productivity and stock return, assuming that the productivity of the company will affect share prices with the parameters of profitability and activity. Design/methodology/approach - The study extracted productivity indicators, profitability indicators, activity indicators, and share price-related indicators from 1999 to 2018 of non-financial enterprises listed on the securities market, and then classified them into three factors: productivity (labor productivity LP, capital productivity CP), activity (TT), and profitability (net profit rate NI, operating profit ratio OI) through the factor analysis method, and analyzed the impact of each factor on the stock return through steps 1 to 3. Findings - The regression analysis shows that productivity has a significant positive effect on the stock return through the full mediating effect of profitability and activity. Research implications or Originality - In a situation where the relationship between productivity and profitability is not clear, this study is meaningful in that it has empirically analyzed that productivity has a positive effect on the stock return by mediating effects of profitability and activity.

• International Area Studies Review
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• v.22 no.4
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• pp.19-35
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• 2018

This paper is to estimate the total factor productivity(TFP) in the Korean manufacturing and service industries during the period 1975:1-2016:4 using the stochastic frontier analysis model. In order to analyze the determinants for the total factor productivity the paper estimates the industry-specific determinant elasticities of TFP using the autoregressive distributed model. The industry-specific determinants, which reflect the industrial structure and properties include markup, the ratio of capital to labor(KL), and the ratio of foreign intermediate goods (FIG) to industrial output. The average value for total factor productivity growth was estimated to be 0.0199 in manufacturing and 0.0063 in the service industry. The markup and KL elasticities of TFP were estimated to be 2.481 and 0.651 in manufacturing respectively and -1.403 and 0.042 in the service industry respectively. The empirical results suggest that the industrial markup and the ratio of capital to labor have had decisive effects on the changes in the total factor productivity in the Korean manufacturing and service industries during the period 1975:1-2016:4.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.315-320
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• 2013

The aim of this study is to compare efficiency and Total Factor Productivity(TFP) between Korean and Japanese construction firms in Korea and Japan over the period of 2005-2011. The results of this study are as follows. Efficiency scores of Korean construction firms are 0.797, and Japanese construction firms are 0.921. Second, annual total factor productivity growth of Korean construction firms is 0.5% and technical progress do much for TFP decrease. However Japanese construction firms marked annual increasing of 2.5% of TFP. Third, technical progress contributed in TFP increase of construction firms in Korea. Korean construction firms, however, relatively lagged behind Japanese construction firms in technical progress. Therefore, Korean construction firms need strategies to achieve technical advances including adopting new technology or process innovation to maintain competitiveness, survive, and develop in the future competition with Japan.

• The Journal of the Korea Contents Association
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• v.15 no.3
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• pp.388-395
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• 2015

The purpose of this study is to estimate change of productivity of information and technology industry and to induce policy implications. The method of analysis is panel data analysis based on 11 Korean information and technology industry cross-section and 8 years time series. The result of estimate shows that producitivity of labor and capital and information and technology industry is positive, total factor productivity of information and technology industry is also positive. but total factor productivity decreased after 2008. In addition, the productivity of labor was increased, but the productivity of capital input was decreased. It means that the productivity of Korean information and technology industry was not improved despite increasing of labor and capital investment.

• Korean journal of food and cookery science
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• v.15 no.1
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• pp.1-7
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• 1999

The purposes of this study were to analyze the relationship between 12 independent variables and the foodservice productivity in the welfare facilities for the elderly. The results of the study were summarized as follows; 1. 67.2 percentage of surveyed welfare facilities for the elderly were not managed by dietitians, so menu planning, food purchasing, management of eqipment and facilities, sanitary practice, and management of work were administered nonsystematically. 2. From the results of factor analysis of variables related to the affecting productivity, 5 factors were generated and the factors were named ‘foodservice scale’, ‘human resourcs’, ‘use of food’, ‘use of equipment’ and ‘use of document’, and then the relation between the factor variables and productivity was examined by multiple regression anlysis.

• Proceedings of the KSAR Conference
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• 2002.06a
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• pp.16-16
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• 2002

The egg productivity of the chick is represented by the number of egg produced, egg weight, and sexual maturity, which are regulated by various endocrine factors. Although there were some reports that insulin-like growth factor-I (IGF-Ⅰ) affected egg production, studies on any correlation between IGFs and egg productivity were not reported in poultry. The objectives of the present study were to examine the IGFs profile and egg productivity in both KNOC and laying hen (Saver) and to investigate the relationship of IGFs with egg productivity. Whole blood was collected every 10 wk until 60 wks. (omitted)

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.05a
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• pp.42-43
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• 2014

Few studies on crew productivity has been conducted, although the data is significant for time and cost estimation. Crew productivity data was collected for over 9 months from a nuclear power plant and analysed in order to identify factors driving the productivity. It was revealed that the crew productivity of form work, rebar work and concrete pouring work was 45.64(㎡/crew·day), 2.93(t/crew·day), 110.25(㎡/crew·day) on average respectively. Moreover, 'nightwork', 'No. of workers per crew' and 'total work amount' were identified as drivers.