• Title/Summary/Keyword: Technical Change Index

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Evaluating Production Efficiency in a Fisheries Wholesale Sector (수산물 도매업의 생산 효율성 평가에 관한 연구)

  • Pyo, Hee-Dang;Kim, Jong-Chean
    • 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%.

An Analysis about determinants of Total Factor Productivity and Technical Efficiency in Manufacturing Industries : Non-parametric Malmquist Approach (제조업의 총요소생산성과 기술적효율성 결정요인분석 : 비모수적 맴퀴스트 생산성 지수에 의한 분석)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
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    • 2009.04a
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    • pp.337-350
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    • 2009
  • Using the Malmquist productivity index, this paper compares the productivity of Korean manufacturing industries from 1999 to 2006. The malmquist productivity index has more advantages than previous methods such as solow model, endogenous growth theory. The malmquist productivity index can be decomposed productivity into two parts. The first part is an index of the technical efficiency change. This index has high value when the elements of production is used more efficiently. The second part is an index of technical change. This index has high value if the advent of new technology and process innovation occur.

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A Study on the Productivity Changes of the Korean Container Shipping Lines using MPI (MPI를 활용한 국적 외항 컨테이너 선사의 생산성 변화 분석 연구)

  • Sung Sub, Shin;Chi Yeol, Kim;Min-Ho, Ha
    • Journal of Navigation and Port Research
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    • v.46 no.6
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    • pp.547-553
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    • 2022
  • This study analyzed the changes in the operational productivity of fourteen Korean container lines from 2019 to 2021 using MP I(Malmquist Productivity Index). The results indicated that the operational productivity of the shipping companies has increased by 38.4% annually, representing the TCI (Technical Change Index) increasing by 58.3% and the TECI (Technical Efficiency Change Index) decreasing by 12.6%. The increase in the operational productivity of the container shipping lines was mainly attributed to the high rise in ocean freight rates rather than an increase in fleet size or ship technical efficiency. However, the deep-sea shipping lines (i.e. HMM and SM lines) experienced increases in both the TCI and TECI, which was not the case for other shipping lines(i.e. Intra-Asian short-sea shipping lines). The intra-Asian short-sea shipping lines enhance their productivity due to the TCI but failed to appreciate the cost savings of the increased fleet effects due to the low SECI(Scale Efficiency Change Index) values.

A Study on Sustainable Development Efficiency of Foreign Trade in Western China Based on DEA Model

  • Xu, Yan;Sim, Jae-yeon
    • International journal of advanced smart convergence
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    • v.11 no.2
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    • pp.171-184
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    • 2022
  • The purpose of this paper is output oriented, in order to maximize the output level of sustainable development efficiency of foreign trade in western China with limited input. This paper adopts the relevant input-output indicators of sustainable foreign trade development of 11 provinces and cities in western China from 2016 to 2020, and uses DEA model to measure their technical efficiency, pure technical efficiency and scale efficiency. Malmquist index was used to calculate the total factor productivity change index of each province in western China from 2016 to 2020. We found that, on the whole, the average values of technical efficiency, pure technical efficiency and scale efficiency of provinces and cities in western China from 2016 to 2020 are greater than 0.8, indicating that the western region has high technical efficiency, relatively high management and institutional level and high existing scale level. Scale efficiency is lower than pure technical efficiency on the whole, indicating that the current sustainable development efficiency of foreign trade in western China is mainly limited by its scale level. The technological progress index is higher than the technological efficiency change index, indicating that the total factor productivity of the sustainable development of foreign trade in western China is mainly driven by technological progress and more influenced by external factors. We think the conclusion of this study can provide important reference information for the sustainable development of foreign trade of provinces and cities in western China.

Analysing Productivity Change in Vietnamese Garment Industry Using Global Malmquist Index

  • MAI, Thanh Khac;NGUYEN, Van;VU, Trang Huyen Thi
    • 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.

Productivity Analysis in Fisheries Processed Wholesale Products Using Malmquist Productivity Index (맘퀴스트 생산성지수를 이용한 수산물 가공식품 도매업의 생산성 분석에 관한 연구)

  • Pyo, Hee-Dong;Kim, Jong-Cheon
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.387-396
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    • 2010
  • This paper estimates changes in the total factor productivity and technical efficiency change index and the technical change index using the Malmquist productivity index (MPI) in fishery-processed wholesale products over the time period spanning 2006-2008. 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 demonstrate that, between 2006 and 2007, there has generally been no technical progress, although a small improvement in productivity was detected in the sales scale of 10 billion won-50 billion won. Between 2007 and 2008, there was technical progress in the majority of DMU, except within the range of 20 million won-10 billion won. Wilcoxon's rank-sum test, however, demonstrates no statistically significant differences in productivity between the two periods.

Analysis on Productivity Change in Korean Shipbuilding Industry using Malmquist Productivity Index (Malmquist 생산성 지수(MPI)를 이용한 한국 조선 산업의 생산성 변화)

  • Park, Seok-Ho
    • Journal of Korea Port Economic Association
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    • v.34 no.1
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    • pp.51-64
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    • 2018
  • The purpose of this paper is to analyze the productivity change of the Korean shipbuilding industry between 2001-2008 and 2008-2015 by using MPI(Malmquist Productivity Index) to decompose the sources of total factor productivity growth into technical efficiency change, scale efficiency change, pure efficiency change, technical change. The empirical results are as follows. In the first half of the year (2001-2008), productivity increased by 2.8%, which was due to technological advances rather than technical efficiency. In the second half (2008-2015), productivity change declined by -3.4%. This is attributable to the technical efficiency deterioration and technological degeneration caused by a decrease in shipbuilding orders due to the global economic downturn after the global financial crisis and the rise of Chinese shipbuilding industry. In the first half of the period, productivity change was higher than in the second half. Especially, the difference between the two periods is attributed to the technical change and it was proved by statistical verification. The policy implications of this paper suggest that the government and each DMU need to develop new technologies to cope with changes in the global shipbuilding industry environment and strategies to eliminate inefficiencies in order to increase productivity in the future.

Technical Change of World Industry: a Malmquist Index Approach (Malmquist지수에 의한 세계 철강산업의 기술변화)

  • 김진한;정기대
    • Journal of Korea Technology Innovation Society
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    • v.4 no.3
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    • pp.369-382
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    • 2001
  • In this research, the world top steel companies' technical changes were measured by the nonparametric Malmquist index. Steel industry's production frontier which was composed of multiple inputs and multiple outputs was defined by using real data of the companies from 1986 to 1998, and then the variability of technical progress(or regress) was analyzed during that period. The dynamics of individual steel companies\` technical changes, periodical technical changes, and each country's technical chanties were explained. A matrix which was based on technical chanties, technical efficiency changes, and scale efficiency changes was designed to assist to find out current position and In build up future strategies. This research results will be an valuable input to the early stage of formulating competitive strategy because the technical core capability is an important source of the each companies's competitiveness.

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The Theoretical Comparison of Malmquist and Luenberg Productivity Indices & Empirical Analysis (Malmquist 생산성지수와 Luenberger 생산성지수의 이론적 관계와 실증적 분석)

  • Park, Hyun Suk;Yang, Dong Hyun
    • Health Policy and Management
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    • v.25 no.2
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    • pp.118-128
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    • 2015
  • Background: We measured productivity changes of regional public hospitals using both global Malmquist productivity index-based on global production possibility set over all the periods-and the traditional Malmquist productivity index and analyzed the factors of productivity change. Methods: The data used in this study is two annual inputs and two annual outputs of 32 regional public hospitals in Korea from 2005 to 2009 and the results such as distances and Malmquist productivity index and global Malmquist productivity index are obtained by an R program written for this study. Results: The results can be summarized as follows. Firstly, technical efficiencies of regional public hospitals are affected largely by scale efficiency than pure technical efficiency. Second, productivity progressed and technological change has more significant influence on productivity advance over the period between 2005 and 2009. Third, the circularity problem of the traditional Malmquist index is confirmed, and so the global Malmquist index without this problem are valid for the analysis. Conclusion: Though this study also has some limitations with the data of regional public hospitals with a short time span, it is the first study of hospitals using global Malmquist productivity index and later it can be expanded to private hospitals and longer time periods.

The Impacts of Technology Transfer on Productivity Growth of Firms based on Malmquist Productivity Index

  • Han, Jaeseung;Kwon, Youngkwan;Lee, Sang-Yong Tom
    • Asia pacific journal of information systems
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    • v.26 no.4
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    • pp.542-560
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    • 2016
  • This study determines whether or not firms can achieve high productivity growth through external technology acquisition. It also identifies the key factors affecting adopting firms' productivity growth by employing the Malmquist productivity index (MPI) methodology, which features computational ease, low data dependency, and decomposition of productivity growth into technical efficiency change and technical change. Results showed that the effects of productivity growth arising from technology transfer became stronger over time. Moreover, patent transfer guaranteed firms' productivity growth, but no evidence was found that factors such as age and size could increase productivity. Finally, cultural similarity could be another factor conditioning the effectiveness of technology transfer in the productivity of adopting firms.