• The Journal of Asian Finance, Economics and Business
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• v.5 no.4
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• pp.73-83
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• 2018

The purpose of this paper is to examine the relationship between regional financial development and corporate investment efficiency as well as the relationship between firm-level characteristics and corporate investment efficiency. Using a large sample of A-listed companies in China from CSMAR database between 2003 and 2016, this paper explores corporate investment efficiency and its influencing factors in emerging market on the basis of heterogeneous stochastic frontier model. The results show that: (1) the average investment efficiency of Chinese listed companies is 74.5%, and the investment efficiency of large enterprises, state-owned enterprises and enterprises with relatively high financial development level is significantly higher; (2) compared with average corporate investment efficiency in the year 2003, the investment efficiency of different types of enterprises in 2016 is significantly higher, and the gap is gradually widening; (3) enterprise heterogeneity namely firm size, nature of property right, and institutional environment reflected by the level of regional financial development indirectly affects corporate investment efficiency by influencing the financing constraints and uncertainty. The findings suggest that to improve corporate investment efficiency in emerging market, financial market should be accelerated, regional balance should be restored and the differences among regions, industries and differences between public and private sectors should be eliminated.

• Journal of Korean Society for Quality Management
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• v.38 no.3
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• pp.463-474
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• 2010

In this study, we evaluate the efficiency of Construction Industry using Data Envelopment Analysis(DEA). Since the Construction Industry has been traditionally operated through competition, it is important to measure the efficiency. In this paper, we empirically analyze the Efficiency of the 50 Korean Construction Industry. In detail, we used the scale of efficiency in order that efficiency cannot be affected by the total technical efficiency of each company and the scale of DMU by applying CCR or BBC model. Also, we analyzed the changes of measurement DEA model score. we adopted the basic DEA, RTS Region and MPSS(Most Productive Scale Size) method which are combined with efficiency measurement model in order to analyze the operational status. Furthermore, by complementing the shortfalls of the scale efficiency value of the DEA Model, RTS Region Model can be recommended to be appropriate in the evaluation of ideal input/output Quantity. In particular, input variables are total assets, construction capacity, the technical staff and output variables are sales volume, operating income. The result of RTS Region and MPSS shows that 9 DMUs of the efficiency frontier in the Construction Industry are analyzed to be relatively efficient DMUs, and 41 DMUs are analyzed to be inefficient DMUs, and finally inefficient DMUs are separated with Region 1 and Region 6.

• Nuclear Engineering and Technology
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• v.35 no.3
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• pp.234-242
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• 2003

The full energy peak efficiency of a hyper pure germanium (HPGe) detector was calibrated in a wide energy range from 0.06 to 11 MeV. Both the experimental technique and the Monte Carlo method were used for the efficiency calibration. The measurement was performed using the standard radioisotopes in the low energy region of $60{\sim}1408$ keV, which was further extended up to 11 MeV by using the $^{14}N(n,r)\;and\;^{35}Cl(n,r)$ reactions. The GEANT Monte Carlo code was used for efficiency calculation. The calculated efficiency had the same dependency on the r-ray energy with the measurement, and the discrepancy between the calculation and the measurement was minimized by fine-tuning of the detector geometry. From the calculated result, the efficiency curve of the HPGe detector was reliably determined particularly in the high energy region above several MeV, where the number of measured efficiency points is relatively small despite the wide energy region. The calculated efficiency agreed with the measurement within about $7\%$. In addition to the efficiency calculation, the origin of the local minimum near 600 keV on the efficiency curve was analyzed as a general characteristics of a HPGe detector.

• The Journal of Fisheries Business Administration
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• v.49 no.1
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• pp.37-50
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• 2018

The purpoose of this paper is to analyze the relative effciency of dreid laver processing companies in Korea and provide the development direction and improvement plan for the dried laver industry. Data on 76 dried laver processing companies were selected as the subjects for Dea. As a result of Dea, the average efficiency rate is shown that the technical efficiency is 84.90%, the pure technical efficiency is 93.83%, and the scale efficiency is 86.65%. and based on BCC results 38 companies are relatively efficient. comparing pure technical efficiency and scale efficiency, it showed that inefficiencies caused by scale of the company was greater than inefficiencies caused by the scale of technical matter. It implies that expanding the size is essential for achieving high-efficiency of dried laver processing company. In the inefficiency factor analysis, the result reveals that unstable supply of raw materials, quality management, capital flexibility and distribution ability influence the efficiency of laver processing company.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.44 no.3
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• pp.248-261
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• 2021

Scientific and technological performances (e.g., patents and publications) made through R&D play a pivotal role for national economic growth. National governments encourage academia-industry cooperation and thereby pursue continuous development of science technology and innovation. Increasing R&D-related investments and manpower are crucial for national industrial development, but evidence of poor performance in business performance, efficiency, and effectiveness has recently been found in Korea. This study evaluates performance efficiency of the 6T sector (Information Technology, Bio Technology, Nano Technology, Space Technology, Environment Technology, Culture Technology), which is considered a high-potential promising industry for the next generation growth and currently occupies two thirds of the national R&D projects. The study measures the relative efficiency of R&D in a comparative perspective by employing the Data Envelopment Analysis (DEA) method. The result reveals overall low efficiency in basic R&D (0.2112), applied R&D (0.2083), development R&D (0.2638), and others (0.0641), confirming that economic performance and efficiency were relatively poor compared to production efficiency. Efficient R&D needs policy makers to create strategies that can increase overall efficiency by improving productivity performance and quality while increasing economic performance.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.52
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• pp.97-118
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• 2011

85% of South Korea's gross domestic product(GDP) depends on trade. Exports amount in 2011 exceeds $ 5,000Billion. Korea is expected to achieve $ 1 trillion in total trade volume and will become finally the ninth in the world. We do not have a lot of natural resources and are bound to export the finished products to pursue economic development. In other words, trade sector is very essential for Korea to continue economic growth. The department of trade in universities have brought up the concerned students serving for trade sectors. Currently, "half-price tuition" in universities has become very controversial issue in Korea so this paper studies the efficiency of "the Department" because the universities may reconsider the adjustment of tuition fee, if they can enhance the efficiency level. DEA model is used for the analysis. As a result, 8 DMUs like KAN1, KEI5, BAE10 etc. show relatively higher efficiency levels.

• 한국전산유체공학회:학술대회논문집
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• 2009.04a
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• pp.347-354
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• 2009

Plate Heat Exchnager(PHE) has recently become widely adopted for cogeneration systems owing to its small installation space and high thermal efficiency. The gap between plates can be changed depending on its assemble type, i.e. gasket or blazing. The gap is known to affect thermal efficiency and working pressure drop in PHE with complicated geometrical features. Numerical simulation techniques have been developed to deal with PHE with complex configuration of chevron plates. The present study is aiming at identifying the gap effect on pressure drop and thermal efficiency of the PHE. The numerical simulation results show that the gap has relatively large effects on working pressure drop than thermal efficiency in performance of PHE.

• Journal of the Korean institute of surface engineering
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• v.37 no.2
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• pp.92-98
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• 2004

The current efficiency and the microstructure of the trivalent Cr deposits plated in flow cell system were investigated according to additives in sulfate bath and current density. The current efficiency of the deposits plated in the formic acid complexed bath was noticeably higher than that of the deposits from glycine complexed bath. The current efficiency of the deposits from the complexed baths with boric acid buffer increased linearly with current density in the range of 60-100 A/dm$^2$, while that of the deposits from the baths with both Al sulfate and mixed buffers increased parabolically with current density. The nodular crystallite size of the deposits increased with current density, and the deposits plated in low current density region had relatively smooth surface appearance with fine grains. The structure of the deposits from the complexed baths with boric acid buffer changed from amorphous structure to crystalline one with strong (110)peak with increasing current density. The deposits from the baths with both Al sulfate and mixed buffers had generally amorphous structure.

• 한국정보디스플레이학회:학술대회논문집
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• 2008.10a
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• pp.921-924
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• 2008

We investigated new deep blue emitting materials including a novel side group such as CB-203. CB-203 shows relatively 40% increased PL quantum efficiency and higher Tg of $30^{\circ}C$ compared to MADN. It exhibits high External Quantum Efficiency (EQE) of 7.18% that is two times bigger than MADN's, which is the best efficiency in case of non-doped blue fluorescence OLED device to our knowledge. And deep blue emitting materials with a new core structure (CB-301) have been synthesized. CB-301 exhibit excellent blue fluorescence properties. Undoped OLED devices using CB-301 as blue emitters was found to deep blue CIE value (0.154, 0.078) and exhibit high luminance efficiencies of 2.01cd/A at $10\;mA/cm^2$.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 1996.10a
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• pp.235-238
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• 1996

In recently, the influence of client-server systems on organizations and how to estimates the efficiency or productivity of organizations and departments has come to be more concerned by many researchers. Especially, information systems(IS) of the financial institutions are greatly used than any other industries. Therefore, the efficiency of IS departments in financial institutions is relatively important. The overall objectives of this research are to estimate the effects of client-server systems and to evaluate whether the client-serve systems really improve the efficiency of information system. The research method used in this research is DEA(Data Envelopment Analysis) estimation method which based on linear programming is used for the efficiency of managerial organizations and other nonprofit organizations. The results of this research showed that the efficiency of IS department was promoted after implementation of client-server systems.