• 제목/요약/키워드: Stochastic Frontier

검색결과 84건 처리시간 0.025초

항만 소유구조에 따른 효율성 모형 비교연구 (A Comparative Study of the Relationship between Port Effeciency and Ownership Structure)

  • 황진수;전홍석;강성
    • 응용통계연구
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    • 제22권6호
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    • pp.1167-1176
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    • 2009
  • 항만이나 공항의 소유구조에 대한 효율성 분석은 지금까지 서로 엇갈리는 결과를 제시하고 있다. 즉, 민영화 또는 공영화로 인한 효율성 효과가 자료 또는 분석 방법에 따라서 일치된 결과를 보여주지 않고 있다. 본 논문은 국내의 항만이 포함된 국제 항만 교역데이터베이스를 기반으로 베이지안 확률적 프런티어 모형을 적용하여 항만의 소유 구조에 따른 효율성 분석을 하였다. 소유 구조는 Tongzon과 Heng (2005)의 방법을 따랐으며 제안된 몇 가지 모형과 그들의 모형을 DIC 통계량을 이용하여 비교하였다. 베이지안 추론에 필요한 MCMC 방법은 Griffin과 Steel (2007)에서 소개된 WinBUGS 프로그램을 이용하여 구현하였다.

Contributions of Public Investment to Economic Growth and Productivity

  • HAN, SUNGMIN
    • KDI Journal of Economic Policy
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    • 제39권4호
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    • pp.25-50
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    • 2017
  • Whereas a large variety of previous studies show mixed results regarding the relationship between public investment and economic outcome, several studies have been conducted on related issues in Korea. The present study deals with the effect of public investment in Korea on economic growth and productivity. Using administrative data, it exploits three different methodologies: the total factor productivity approach, production function approach, and stochastic frontier production function approach. The results of this study show that public investment has a statistically significant effect on economic growth. However, it contributes little to enhance productivity. It is explained that there exists inefficiency of production in the Korean economy. These findings indicate that public investment has played a central role in the direct input factor and not in indirect role in Korea. Thus, it is necessary for public investment policies to concentrate on enhancing the efficiency of the Korean economy.

양봉농가의 기술적 효율성 분석 (An Analysis on Technical Efficiency of Apiculture Farming in Korea)

  • 여민수;홍승지
    • 농업과학연구
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    • 제37권3호
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    • pp.509-514
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    • 2010
  • The purpose of this study is to analyze the technical efficiency and its determinants for Korean Apiculture farming by using from door to door and e-mail inquiry data. The analysis was implemented through the Cobb-Douglas stochastic frontier production function (SFPF) model including the technical inefficiency effect model for cross-sectional data. To measure the SFPF model, honey production was used for a dependent variable, and for input variables labor cost, preventive cost, material cost, feeding cost, depreciation cost were used. Farmer's age, farmer's career, farming scale, full-time or half-time firm and movement or fixed firm variables were used to measure the inefficiency effect model. The average technical efficiency on apiculture farming in Korea is estimated to be 0.8112. It means that there were technical inefficiency of about 18.88% in Korea apiculture farming. In this study there are some suggestions which could increase the technical efficiency of Korean apiculture farming.

IT 기업 R&D 투자의 효율성 분석 (A performance analysis of R&D in the IT industry sector)

  • 김상태;표경민
    • 한국기술혁신학회:학술대회논문집
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    • 한국기술혁신학회 2005년도 추계학술대회
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    • pp.521-532
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    • 2005
  • IT 기업의 기술적 효율성의 정도를 추정하고, 그 결정요인을 알아보기 위해 Coelli(1995)의 확률적프론티어(Stochastic Frontier model) 중 초월대수 변경생산함수(translog stochastic frontier production function)를 설정한다. 분석견과 연구개발투자, 기업의 재무구조, 설비투자효율, 노동소득분배율 등은 기업의 비효율을 감소시키는 역할을 하는 반면, 기업규모, 재고자산증가율, 자기자본증가율 등은 기업의 비효율성을 더 높여주는 것으로 나타났다. 1990년부터 2004년까지 국내 제조업 전체의 생산의 기술적 효율성은 평균 0.5311로 이는 생산효율성이 $53.11\%$임을 의미하고, 비효율성은 $46.89\%$에 달한다고 볼 수 있다. IT 기업의 기술적 효율성은 0.5337회 제조업과 비슷하지만, IT 대기업은 0.61, IT 중소기업은 0.511로 대기업과 중소기업의 격차가 크게 발생하고 있다.

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SFA를 이용한 굴, 홍합 양식어가의 효율성 분석 (Analysis for Efficiency in the Oyster, Mussel Aquaculture Household using SFA)

  • 김태현;박철형
    • 수산경영론집
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    • 제47권2호
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    • pp.1-14
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    • 2016
  • This study applied the Stochastic Frontier Analysis to estimate which independent variable affects to efficiency of aquaculture household. This study used wage and facility scale as input variables, sales volume as an output variable to estimate efficiency. Also, the study used region, species, water quality to estimate technical inefficiency factors of the model. The data used for this study were obtained by the operating costs survey using 1:1 interview method. The study selected translog production model with technical inefficiency term estimated as half-normal distribution. In addition, the study used pearson and spearman correlation coefficient among efficiency estimating models. Also, the study analysed differences among estimated efficiencies through t-test, and showed us 0.1793 in species, 0.4677 between Geojae and Masan.

An Analysis on the Factors Affecting Rice Production Efficiency in Myanmar

  • Tun, YuYu;Kang, Hye-Jung
    • East Asian Economic Review
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    • 제19권2호
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    • pp.167-188
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    • 2015
  • The objective of this study is to obtain a better understanding of the current rice production condition in Myanmar through efficiency analysis, especially, to examine the impact of farm mechanization on Myanmar rice production efficiency. For representation of efficiency and the determinants, this paper uses both the data envelopment analysis (DEA) and the stochastic frontier approach (SFA) with variable returns to scale on Myanmar rice production. The efficiency of the rice production was estimated and subsequently the determinants factors were investigated based on the estimated efficiency level of these sample farmers. The empirical evidence finds that farm mechanical tools significantly improve the Myanmar rice production efficiency.

Estimating State-Level Matching Efficiencies in the Indian Labor Market

  • Lee, Woong;Lee, Soon-Cheul
    • East Asian Economic Review
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    • 제24권3호
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    • pp.275-301
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    • 2020
  • We analyze state-level matching efficiencies in the Indian labor market using stochastic frontier analysis. The key contribution of this research is the estimation of matching efficiencies at the state level because these can be used for a state-level measure of labor market conditions. Next, we explore the relationship between the estimated matching efficiencies and population density, labor market flexibility, and the Ease of Doing Business index, respectively. The results show that matching efficiency is heterogeneous across states with considerable variation in accordance with the regional diversity in India. However, we find that there is little relationship between the estimated matching efficiencies and the labor market conditions of interest, suggesting that other regional diversity affects matching efficiencies across states in India.

장미농가의 생산효율성 분석: DEA와 SFA 기법 비교를 중심으로 (Productive Efficiency of the Rose Farming Business: A Comparison of DEA and SFA)

  • 김기태;김원경;정지영
    • 한국산학기술학회논문지
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    • 제16권12호
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    • pp.8719-8727
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    • 2015
  • 본 연구는 장미농가의 생산효율성을 측정하고, 경영의 비효율성에 영향을 미치는 요인을 파악하기 위한 연구이다. SFA(Stochastic Frontier Analysis) 기법과 DEA(Data Envelopment Analysis) 기법을 사용하여 생산효율성을 측정하였으며, 효율성에 영향을 미치는 요인을 분석하기 위하여 Tobit 회귀 분석을 실시하였다. 먼저, SFA 방법을 통한 생산효율성은 88.4%으로 측정되었으며, DEA 방법에서 불변규모수익(CRS) 모형과 변동수익규모(VRS) 모형을 통해서는 생산효율성이 각각 78.5%와 85.2%로 측정되었다. 특히 두 가지 방법의 생산효율성 측정결과는 각 경영체의 효율성 순위를 동일하게 설명하고 있어 상호보완적이다. 다음으로 Tobit 분석 결과, 투입한 6개의 변수가 모두 효율성에 영향을 미치는 것으로 나타났으며, 종묘비와 제재료비는 (+) 부호를 나타냄과 동시에 회귀계수가 가장 크게 나타나 효율성에 미치는 영향력이 가장 큰 경영 항목으로 분석되었다. 이러한 결과는 장미농가는 종묘비와 제재료비의 투입을 증대시켜 더욱 높은 소득을 창출하는 방식으로 경영 효율성을 증대시켜야 함을 시사한다.

확률변경분석을 이용한 공공서비스 조직의 효율성 분석 (Efficiency Analysis of Public Service Organizations Using Stochastic Frontier Analysis)

  • 신종섭;김현정
    • 한국경영과학회지
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    • 제40권1호
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    • pp.117-128
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    • 2015
  • An organization must restructure itself once it makes outsourcing decisions. Outsourcing is a strategy that a company adopts to direct internal efforts into strengthening its core business processes while contracting other companies for strategically less critical tasks thereby improving organizational production efficiency, and the strategy inevitably involves organizational restructuring. While public service organizations have increasingly embraced outsourcing as well, only a handful of studies analyze the change in efficiency from organizational restructuring. Therefore, this study uses Stochastic Frontier Analysis (SFA) to test whether efficiency improved in Korea Expressway Corporation's restructured branch offices. Korea Expressway Corporation evaluated and grouped its branches based on road extensions management, traffic volume, the number of snow days, road deterioration, and the number of junctions to differentially allocate its personnel and budget. The extent of efficiency improvement in each group was compared, and results show that inefficiency did not exist in any of the groups. The efficiency index among the three group categories was similar across the board; 9 offices in the A-group with its expanded personnel and budget had an efficiency index of 0.954, 12 offices in the B-group with unchanged personnel and budget conditions had an index of 0.950, and 12 offices in the C-group with reduced personnel and budget had an index of 0.937. SFA facilitates efficiency analyses because it does not require pre-restructuring data. This study is easy to apply in practice and empirically tests efficiency improvement in organizational restructuring based on data collected from all the branch offices in Korea Expressway Corporation.

확률적 프론티어 방법을 이용한 도시철도 운영기관의 효율성 분석 : 외부 환경요인의 효과 (The Efficiency Analyses of Urban Railway Corporations Using a Stochastic Frontier Analysis : The Effect of External Factors)

  • 강병재;손기형;이수열
    • 경영과학
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    • 제31권2호
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    • pp.49-63
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    • 2014
  • With the huge concerns on the inefficiency of public enterprises, particularly a significant amount of debt, an increasing number of studies have been carried out to analyze the levels of inefficiency and investigate the causes of that inefficiency. However, very limited range of analytical methodologies have been used in the efficiency analysis and moreover, the effects of external factors have been little addressed. This study explores the efficiency of urban railway corporations in Korea by utilizing a method of stochastic frontier analysis (SFA). In particular, the potential effects of external factors including residential and floating populations of a station were statistically analyzed. A total of seven Korean urban railway corporations were selected to compare each other in terms of operational efficiency. The results present three important findings. First, the Cobb-Douglas model was found to be more valid for SFA compared to the Translog model. Second, the efficiencies of urban railway corporations in Seoul and Busan are relatively high whereas those of Daejeon and Gwangju are very low in efficiency in the area of sales revenue. In an aspect of number of transport of passengers, Gwangju Metro also showed the lowest efficiency. Third, the external factors are significantly associated with the efficiency, indicating that the efficiencies of Daejeon Metro and Gwangju Metro would increase while the efficiency of Seoul Metro would decreases when the external variables are excluded in the efficiency analysis. The results provide several meaningful implications for managers of the urban railway corporations as well as policy makers who are attempting to resolve the inefficiency problems of public enterprises.