• Title/Summary/Keyword: Productivity Increases

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The Estimation of The Productivities of Institutions under Ministry of Oceans and Fisheries (해양수산부 산하기관의 생산성 추정에 관한 연구)

  • KIM, Tae-Hyun;KIM, Jong-Cheon;PARK, Cheol-Hyung
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.1
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    • pp.186-197
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    • 2016
  • This study applied the parametric bootstrapping method to analyze whether there was a change in the production efficiency of institutions under Ministry of Oceans and Fisheries. This study used input and output oriented productivity simultaneously. In particular, the productivity was estimated through 95% confidence interval derived by 2000 times re-sampling process. The results of the study showed us a reduction in overall total factor productivity by 24% between 2009 and 2013, and 7% of decreases in productivity annually. A recent conditions of an external economic shocks brought a 28% downward shift of production function. In this study, public institutions were divided into three types, which were public, quasi-government, and other public institutions. There were approximately 13%, 1%, and 5% decreases in total factor productivity per each. In analyzing the productivity each of 14 institutions, approximately DMU4 and DMU6 had 4%, and 5% increases in productivity per each. While DMU14 showed us no changes in productivity, all of the other 10 DMUs were estimated the decreases in productivities.

Information System Impact on Swine Productivety (양돈농가의 정보시스템 사용 효과 분석)

  • Lee, Min-Soo;Choe, Young-Chan;Kim, Sang-Ho
    • Journal of Agricultural Extension & Community Development
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    • v.17 no.4
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    • pp.933-955
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    • 2010
  • Researchers have different views on impact of information system use on productivity. The differences are fueled by 'the productivity paradox' insisted by Brynjofsson(1993). This paper intend to quantitate impacts of information system and to test the productivity paradox of using the information system. Restricted Maximumlikelihood Estimation(RMLE) method is applied on data from 81 farms adopting Pigplan system. The results find positive productivity improvement with information systems in swine farm. Adopting Pigplan system increases 0.52 in PSY(pigs per sow per year) and 0.087 in sow turnover. When it comes to region and farm size, region has impact on both PSY and sow turnover, while farm size does not. This result infers that local cooperatives, regardless of farm size, differentiate the impacts of the information system, implying that the ability to utilize information systems should be improved in organizational level.

Trade Liberalization and Manufacturing Productivity Changes in Korea during the Past Three Decades

  • SONG, YEONGKWAN
    • KDI Journal of Economic Policy
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    • v.43 no.1
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    • pp.53-80
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    • 2021
  • The main objective of this study is to determine whether there have been TFP increases in the Korean manufacturing sector due to trade liberalization since the 1990s. Based on the methodology proposed by Pavcnik (2002), which focuses on the channel through which trade liberalization measures enhance overall industrial productivity by triggering the exit of low-productivity firms, this study tests the following two hypotheses: first, the TFP increase in the Korean tradable industry is not higher than that in the non-tradable industry, and second, plants with lower TFP levels did not exit from the tradable industry. Through the rejection of these two hypotheses, it is possible to infer indirectly the effect of trade liberalization on firm productivity rates in Korea since the 1990s. First, this analysis reveals that since the 1990s, the TFP of the tradable sector compared to the non-tradable sector presented a statistically meaningful increase only in the 2000s, when China joined the WTO and trade increased sharply between Korea and China. Secondly, TFP growth in the tradable sector was positively affected by exits, as it was plants with lower TFP levels that ceased to exist.

Study under productivity measurement and verification of the underground temporary material installation work by simulation technique (시뮬레이션을 활용한 지하가설물 설치작업의 생산성 측정 및 검증에 관한 연구)

  • Bae Yeon-Jin;Park Sang-Hyuk;Han Seung-Heon;Paek Joon-Hong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.427-432
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    • 2004
  • As it is keen competition of a construction market and the recognition that increases construction productivity for maintaining competitiveness, it is increased importance of an interest about productivity and efficiency in the construction industry. This study measures productivity through the instance of investigation that the existing productivity measurement method was utilized and presented a work improvement matter based on the measured contents. The proposed improvement matter is verified through a simulation technique. The purpose of this paper is for a field supervisor to have presented the way that a selection does the most suitable work method to be suitable for a situation, and can forecast production, though a simulation technique is not the most alternative that considered field condition in analyzing productivity measurement.

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Does R&D Mediate the Impact of ICT on Productivity through Knowledge Transfer?

  • Christina Y. Jeong;Sang-Yong Tom Lee
    • Asia pacific journal of information systems
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    • v.32 no.4
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    • pp.728-749
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    • 2022
  • The information and communication technology (ICT) value creation process is inherently unobservable. In addition to the direct effect of ICT on productivity, some information or knowledge can create value through other knowledge activities. In this paper, we study the impact of ICT on productivity through R&D. We tested the mediating effect of R&D between ICT and productivity using panel data from 47 US industries from 1987 to 2013 from the Bureau of Labor Statistics. The results show that R&D partially mediates ICT and productivity. That is, ICT directly increases productivity, and some of its effects can be realized through R&D. Recipients who acquire knowledge through ICT have to interpret codified ideas and apply them to practice. The increased absorptive capacity that can be developed through R&D improves interpretation ability, allowing employees to share more complex ideas. Thus, ICT helps people to effectively communicate, but some information and knowledge can be realized and applied through R&D knowledge activities. This is the first study empirically examining the process of ICT value creation through R&D. It also provides practical guidelines for knowledge management, such as making decisions about ICT and R&D investments that are better done concurrently rather than individually to maximize their impact on productivity.

사업 포트폴리오의 기술시너지 효과 : 50대 재벌의 패널자료분석

  • 김태유;박경민
    • Journal of Technology Innovation
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    • v.5 no.1
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    • pp.15-43
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    • 1997
  • This paper investigates empirically the relationship between various business portfolio properties (particularly technological properties) and chaebol's performance using data on the 50largest chaebols in Korea. In addition to the traditional indexes to measure diversification such as entropy index, we calculated inter-industry technological similarity using R'||'&'||'D expenditure data by industry and 1990 Input-output Table in korea, and obtained chaebol-level technological relatedness and internal transaction proportion from chaebols' business profile, inter-inustry technological similarity and 1990 input-output table. We applied factor analysis on 13 business portfolio property indexes and showed that they could be grouped into 3 dimensions. diversification scope, inter-business relatedness and degree of vertical integration. In this paper, using 50 largest chaebols' financial data (1989-1994), we analyzed empirically the effect of business portfolio properties on ROS(Return On Sales) which is conventional index for firm performance and on TFP(Total Factor Productivity) growth which is a pure measure of firm performance. To utilize the advantage of panel data, FEM(Fixed Effect Model) and REM(Random Effect Model) were used. The empirical result shows that the entropy index as a measurement of inter-business relatedness in not significant but technological relatedness index is significant. OLS estimates on pooled data were considerably different from FEM or REM estimates on panel data. By introducing interaction effect among the three variables for business portfolio properties, we obtained three findings. First, only VI(Vertical integration) has a significant positive correlation with ROS. Second, when using TFP growth as an dependent variable, both TR(Technological Relatedness) and VI are significant and positively related to the dependent variable. Third, the interaction term between TR and VI is significant and negatively affects TFP growth, meaning that TR and VI are substitutes. These results suggest strategic directions on restructuring business portfolio. As VI is increased, chaebols will get more profit. A higher level of either TR or VI will increase TFP growth rate, but increase in both TR and VI will have a negative effect on TFP growth. To summarize, certain business portfolio properties such as VI and TR can be considered "resources" themselves since they can affect profit rate and productivity growth. VI and TR have a synergy effect of change in profit rate and productivity growth. VI increases ROS and productivity growth, while TR increases productivity growth representing a technological synergy effect.t.

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Effects of Windbreak Planting on Crop Productivity for Agroforestry Practices in a Semi-Arid Region

  • Jo, Hyun-Kil;Park, Hye-Mi
    • Journal of Forest and Environmental Science
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    • v.33 no.4
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    • pp.348-354
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    • 2017
  • Agroforestry has been practiced in arid and semi-arid regions for the purposes of preventing desertification and to increase income for locals. However, the intended effects of such practices have been limited due to strong winds and aridity. This study undertook multi-year monitoring of the productivity of income crops associated with windbreak planting in a semi-arid region of Mongolia, and explored strategies of windbreak planning to enhance the multi-purpose effects of agroforestry practices. The tree crown density of windbreak planting was on average 40% in one year after planting and 65% 2-3 years after, and thereby windspeeds were reduced by about 30% and 54%, respectively. Average windspeed reductions at leeward distances from the windbreak planting were approximately 60% within 3H (H=tree height), 50% at 5H, and 42% at 7-9H, presenting a pattern in which the farther the distance the less the reduction in windspeeds. The windbreak planting increased crop productivity by up to 6.8 times, compared to the productivity absent of windbreaks. Increases in the crown density as stated above resulted in increases of crop productivity by up to 3.6 times. Based on such results, this study proposed a model of windbreak planning as a typical land-use system of border windbreak planting or alternate windbreak planting of combining trees and income crops. The model also included tree planting with a crown density of 60% and allocation of income crops within a leeward distance of 5 times the height of the trees to reduce windspeeds by about 50%. The results from this study are applicable to practicing agroforestry not only at the study site but also in other regions worldwide where strong winds and aridity are problematic.

The Productivity Dispersion of the Korean Manufacturing Industry and Macroeconomic Allocation Efficiency Measures

  • KIM, JONGIL;KANG, DONGKEUN
    • KDI Journal of Economic Policy
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    • v.37 no.3
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    • pp.31-53
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    • 2015
  • According to the macroeconomic allocation efficiency measure, particularly based on the methodology of Hsieh and Klenow (2009), Korea's allocation efficiency in the manufacturing industry deteriorated in the 2000s compared to that in the 1990s. This study compares the potential TFP gain when resource allocation is removed, an indicator of allocation inefficiency according to Hsieh and Klenow (2009), and the productivity dispersion in the Korean manufacturing industry. It finds that the TFP gain may be better explained by TFP dispersions rather than proxies related to factors of distortion. The findings imply that we should investigate the sources of TFP dispersion rather than the sources of distortion to explain increases in the TFP gain (or TFP loss), which is considered as allocation inefficiency in the literature.

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Group-Performance Based Pay of Publicly Traded Companies and Its Association with Value Added Productivity per Employee

  • Yang, Donghoon
    • Journal of the Korea Society of Computer and Information
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    • v.20 no.7
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    • pp.85-90
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    • 2015
  • This study surveyed 152 publicly traded companies to investigate group-performance based pay practices and its impacts on labor productivity. Compared a benchmark survey from Department of Labor, those companies show higher introduction rates, especially in small-to-medium sized companies. They also tend to pay profit-sharing bonus more in the form of company stocks and differentiate individual bonuses more by department performance than individual performance. The impact of group-performance based pay on labor productivity is positive and statistically significant. Economic value added per person in those companies adopting group-performance based pay tends to be higher and increases with the coverage of employees under the pay plan. It also reveals that the years after the play adoption are negatively associated with labor productivity.

Improving productivity in rabbits by using some natural feed additives under hot environmental conditions - A review

  • Magdy Abdelsalam;Moataz Fathi
    • Animal Bioscience
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    • v.36 no.4
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    • pp.540-554
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    • 2023
  • Heat stress is a major challenge to animal production in tropical and subtropical climates. Rabbits suffer from heat stress more than farm animals because they have few sweat glands, and their bodies are covered with thick fur. Intensive farming relies on antibiotics as antimicrobials or growth promoters to increase animals' productivity and health. However, the European Union and many countries have banned or restricted the use of antibiotics in animal feed for human health concerns. Several studies have found that replacing antibiotics in rabbit feed with natural plants or feed additives increases productivity and improves immune capacity, especially under heat stress conditions. Growth performance, immune response, gut microflora, and carcass yield may be increased in rabbits fed a diet supplemented with some natural plants and/or propolis. In this review article, we discuss and summarize the effects of some herbs and plant extracts as alternative feed additives on rabbit productivity, especially for those raised under hot ambient temperatures.