• Title/Summary/Keyword: Productivity index

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A Study on the International Competitiveness of Korea′s Information and Telecommunication Industry (정보통신 산업의 국제 경쟁력 분석)

  • 지경용;강신원
    • Journal of Korea Technology Innovation Society
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    • v.1 no.3
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    • pp.364-373
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    • 1998
  • This study examines the international competitiveness of the Korean information and telecommunication industry by using competitiveness index such as the RCA index, the Trade Specialization index, and the Total Factor Productivity. The results of this study show that the industry's competitiveness slightly decreases since 1995, but not its the total factor productivity. In conclusion, the industry has kept the competitiveness over all. Therefore, to keep or improve the competitiveness continuously, the industry is required the government's intensive investment and administrative support. And the industry should bring up by venture and small-medium-size-enterprises to have great economic impacts on other industries. Also, the increasing production and export promoting policy will be enhance the industry and improve nation's balance of trade.

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A Study on Change of the Productivity of Global Shipping Companies (글로벌 해운기업의 생산성 변화에 관한 연구)

  • KIM, Sung-Kuk
    • 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.

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Analysis on Productivity and Efficiency of Blueberry Farming (블루베리 농가의 경영 효율성 및 생산성 분석)

  • Kim, Won-Bin;Um, Ji-Bum
    • Korean Journal of Organic Agriculture
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    • v.30 no.4
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    • pp.499-516
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    • 2022
  • Blueberry producers' management is failing as a result of the price decline caused by an increase in blueberry imports and the accompanying deterioration in management. Consequently, an endeavor was undertaken to verify the measurement and impact from the standpoint of efficiency and productivity of blueberry management, and to offer an indication of management improvement through analysis. Using the Rural Development Administration's income survey data, the data for twenty-four blueberry farms was analyzed. First, the management effectiveness of blueberry cultivators was evaluated. Using the CCR model (0.7297) and the BCC model (08148), the efficiency of a farm was examined. When the efficiency is one, CCR is ten and BCC is fifteen, and in overall, it was found to be ineffective, the efficiency declined from 2018 to 2019, but climbed again in 2020, according to the annual analysis. The MPI index was then used to examine productivity. T2's MPI index was 1.3338, whereas T3's MPI index was 0.8896, demonstrating a considerable decline in TC. This indicates that technological progress is not being accomplished, necessitating the need for countermeasures. In order to improve the management efficiency of blueberry producers, it is necessary to reduce costs and improve receivable prices through producer organization, and to actively introduce new technologies.

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.

Measuring Efficiency and Productivity of the Korean Public Hospitals (공공병원의 효율성 및 생산성 분석)

  • You Taewoo;Yim Jongeun;Zi Hongmin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.3
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    • pp.79-98
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    • 2004
  • Despite its contribution to the Korean medical service industry the question of how efficiently the Korean public hospitals have operated has been unresolved. This study gauges and analyzes the overall efficiency and the Malmquist productivity index in the industry over the period 1992 through 2001. In addition to cost efficiency. we also measure technical, allocative, pure technical and scale efficiencies. Furthermore. the Malmquist index is decomposed into efficiency and frontier changes. We identify several important factors which seem to have strong relationship with various inefficiency estimates. The results indicate that on average the public hospitals has wasted a significant amount of resources and costs over the period. Unlike many other industries, the low level of cost efficiency of the public hospital industry is mainly due to allocative inefficiency rather than technical inefficiency. The Maimquist productivity indices seem both due to the frontier change and efficiency change, but with more effect by the former. The results also indicate that the turnover of hospital beds has played an important role in determining efficiency and productivity of this important industry.

Annual Variations in Fisheries Productivity Index in Jinhae Bay (진해만의 수산생산성지표의 경년변화)

  • Kang, Min-Hea;Lee, In-Cheol
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.43 no.5
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    • pp.547-550
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    • 2010
  • Jinhae Bay is a typical aquaculture farm with active fisheries. However, it has been contaminated by the development of a major city and industrial area, and has therefore diminished in value as a fishing ground. To preserve the continuing productivity of the ocean, we have to estimate fisheries resources. To analyze the fisheries resources in Jinhae Bay, we evaluated the Fisheries Productivity Index (FPI). The FPI is composed of the Total production ($T_p$), Total amount ($T_a$), and Production of edible protein ($E_p$), nitrogen ($N_p$) and phosphorous ($P_p$). To calculate the FPI, we used Annual statistics on cooperative sales of fishery products data from 1979 to 2004 and the Food composition table. The results of the FPI were as follows. $T_p$ ranged from 70,235 tons to 113,556 tons and $T_a$ ranged from 107,004 million won to 373,776 million won. $E_p$ ranged from 8,124 tons to 13,357 tons, $N_p$ ranged from 1,965 tons to 3,273 tons, and $P_p$ ranged from 168 tons to 276 tons. According to the FPI, maximum fisheries productivity occurred in 1994, when $T_a$, $E_p$, $N_p$ and $P_p$ were at their highest values.

The Investigation compared with Productivity and Properties on American Cotton and Korean Cotton (미국면과 한국면의 생산량 및 특성 비교)

  • Lee, Kwang-Woo
    • Fashion & Textile Research Journal
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    • v.1 no.3
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    • pp.275-279
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    • 1999
  • The purpose of this study was to investigate a specific character on products of Korean cotton and American cotton with cultivated in sangju city, Korea. The results of this study were as follows: Productivity of American cotton was nine times higher than those of Korean cotton. Spinning coefficient index (SCI: 140), strength (32.6 g/tex), fiber length (1.12 inch), uniformity index (83.4%), short fiber index (6.4), color grade (21) of American cotton was superior than SCI (122), strength (27.7 g/tex), fiber length (1.02 inch), uniformity index(81.1 %), short fiber index (10.6), color grade (23) of Korean cotton. Microaire (3.5), elongation (6.9%) of Korean cotton was superior than American cotton.

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A Study on the Productivity Trends of Regional Health Care Resource Uses in South Korea (지역 의료자원 이용의 생산성 변화 분석)

  • Dong, Jae-Yong;Lee, Kwang-Soo
    • 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.

The Interaction between Labor Productivity and Competitiveness in Vietnam

  • DONG, Nguyen Thi;DIEM, Tran Thi Ai;CHINH, Bui Thi Hong;HIEN, Nguyen Thi Diu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.619-627
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    • 2020
  • This study measures the relationship between labor productivity and national competitiveness. Through the shift- share analysis method, the paper has separated labor productivity into three factors: static shift effect, dynamic shift effect and endogeneous effect. Next, in combination with the Granger causality test, the paper examines the relationship between the factors constituting labor productivity and competitiveness during the period from 2005 to 2017. Research data is collected from General Statistics Office and annual global competitiveness reports. The results show that the interaction between labor productivity with global competitiveness index (GCI) in Vietnam has similar variation. Nevertheless, when separating labor productivity into three effects, this relationship shows more clearly that the impact of labor productivity on GCI scores is mainly caused by endogeneous effect, not by static shift effect or dynamic shift effect. Therefore, in order to improve its competitiveness, Vietnam should focus on a number of solutions: reforming the education system towards developing thinking capacity and creative capacity; fostering industrial manners to create dynamic and flexible workers; building the State with sufficient capacity to implement consistent and transparent policies; formulating policies to attract all economic sectors so that they actively participate in the field of human resource training for the country.

An Analysis of Vietnamese Bank Productivity Change in the Time of Restructuring

  • TO, Tha Hien;LE, Phuong Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.779-788
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    • 2020
  • Commercial banks play an important role as the main source of funding in the transition process of Vietnam as a market economy. As a result, enhancing the efficiency and productivity of Vietnamese banks can decrease the lending cost for individuals and enterprises. This study is to measure and analyze the productivity change of Vietnamese banking system in different ownership cohorts and sources of this change during the period of restructuring (2011-2019). The Hicks-Moorsteen total factor productivity index is utilised to measure the productivity change and to identify the sources of this change. For an empirical analysis, the data of 28 Vietnamese commercial banks from 2011 to 2018 is collected from their financial statements including balance sheets and income statements. The results show an increase of Vietnamese bank productivity due to the technological progress. While foreign and joint-venture banks are the most advanced cohort, state-owned banks have the lowest rate of productivity growth. The restructuring program negatively impacts scale efficiency and this measure attributes to a decline in the overall efficiency of the banks. We also found that state-owned commercial banks are the most efficient group in the sense that they can achieve the maximal level of revenue from a given amount of expense.