- Volume 8 Issue 4
While water management policies in Korea have focused on industrial water demand during the last decade, the amount of industrial water usage has decreased significantly. This paper estimates the technical efficiency of industrial water in order to test whether the reduction of industrial water usage is a result of improving the level of technical efficiency of industrial water. This paper shows that the technical efficiency of industrial water use slightly decreased from 0.5183 in 1998 to 0.4853 in 2003. In addition, these estimates are much less than those of other inputs and so, there is still much room for reducing the amount of industrial water use through improving technical efficiency even though the average productivity of industrial water has improved during this period.
Supported by : Konkuk University