• Title/Summary/Keyword: CCR & BCC

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Efficiency Analysis of the Korean Listed Display Companies (국내 상장 디스플레이 기업의 효율성 분석)

  • Seo, Kwang-Kyu
    • Journal of Digital Convergence
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    • v.10 no.9
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    • pp.159-164
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    • 2012
  • Although the display industry plays an important role in the entire Korean economy, few empirical research has analyzed the efficiency of display companies. The purpose of this paper is to measure and analyze efficiency of korean listed display firms using DEA(Data Envelopment Analysis) models. We evaluate the CCR and BCC efficiency in DEA models and the return to scale of the Korean listed display companies. The benchmarking companies and efficiency value for the display companies with inefficiency are also provided to improve their efficiency. We analyzed the 44 listed companies consisted of 7 listed on KOSPI and 37 listed on KOSDAQ at the end of 2010. The analysis results show six companies whose values of CCR are 1, and fourteen firms whose values of BCC efficiency are 1. In additions, the six companies have the scalability efficiency. Eventually the efficiency analysis can provide the valuable information for inefficient companies to find benchmarking companies and to improve their efficiency.

A study on Management Efficiency of Semiconductor Industry (반도체 산업의 경영효율성에 관한 연구)

  • Kang, Da-Yeon;Lee, Ki-Se
    • The Journal of the Korea Contents Association
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    • v.20 no.2
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    • pp.27-35
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    • 2020
  • The Korean semiconductor industry is the top export item, and its technological prowess is also higher than that of its competitors. However, the technology gap with rivals will narrow. And the semiconductor industry is facing difficulties due to trade friction. Therefore, semiconductor firms should be more efficient in their production. we study analyzes the efficiency semiconductor firms using DEA model. We evaluate the CCR, BBC efficiency and RTS(return to scale) of 30 Korean semiconductor firms. There are a total of 13 efficient DMUs with a BCC of 1. There are a total of 6 efficient DMUs with a CCR of 1. A total of 10 DMUs were IRS in Scale Efficiency and a total of 9 DMUs were CRS in Scale Efficiency and a total of 11 DMUs were DRS in Scale Efficiency. We also suggest the semiconductor firms which can be benchmarked based on analyzed information.

A DEA and Malmquist Index Approach to Measuring Productivity and Efficiency of Korean Trucking Companies (DEA와 Malmquist 지수를 활용한 화물자동차운송업체의 효율성 및 생산성 분석에 관한 연구)

  • LEE, Young-jae;GONG, Jeong-min;JEON, Jun-woo;YEO, Gi-tae
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.91-103
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    • 2016
  • The purpose of this study is to analyze the efficiency and productivity of domestic trucking transportation companies using DEA-CCR, BCC, and Malmquist indexes. Here, we analyze the top 14 domestic trucking transportation companies, based on cargo volume. The number of freight agents, trucks, and assets are used as input variables, and cargo volumes and sales are used as output variables. The efficiency of trucking transportation companies is examined using a DEA approach, and Malmquist indexes are applied to analyze productivity. According to the DEA results, the efficiency levels of the CCR, BCC, and scales for three companies (DMU 4, 5, and 10) are 1, indicating that these companies are operated efficiently. At the same time, the Malmquist indexes show that all companies have values smaller than 1, except for the period 2012-2013, indicating that their productivity decreased. Furthermore, the TECI indexes were all larger than 1, except for the period 2012-2013, indicating that the companies are efficient. Lastly, all TCI indexes are smaller than 1, except for the period 2012-2013, indicating regressing trends.

The Influence of Efficient Container Terminals Using DEA and SNA (DEA와 SNA를 이용한 효율적인 컨테이너 터미널의 영향력에 관한 연구)

  • Son, Yong-Jung
    • Journal of Korea Port Economic Association
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    • v.31 no.3
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    • pp.155-166
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    • 2015
  • This study selected container terminals of Gwangyang and Busan Ports to evaluate the influence of efficient container terminals. For the study, after data envelopment analysis (DEA) using the CCR and BCC models, the decision-making unit (DMU) system was used to define nodes; and with the use of a reference group in DEA (BCC model) and a lambda value, this study created a social network and analyzed the influences of efficient DMUs through a centrality analysis of eigenvectors. The results are presented as follows: First, as a result of the DEA, CCR efficiencies in PNC, HJNC, and HPNT container terminals of Busan Port were 1 and BCC efficiencies at Singamman Terminal, Wooam Terminal, PNC, HJNC, HPNT, and BNCT container terminals of Busan Port were 1. Second, as a result of undertaking social network analysis (SNA), according to an eigenvector centrality analysis, HJNC Terminal was referred to the most (influence score of 0.515), which indicates that it is the most influential as a container terminal. The influence of PNC Terminal was 0.512, while that of Wooam Terminal was 0.379. CJ Korea Express in Gwangyang Port was ranked fourth in influence, but its influence score of 0.256 indicates that it was the most influential of the container terminals at Gwangyang Port.

Management Efficiency of Korea Financial Investment Institutions (국내 금융투자기관의 경영 효율성 분석)

  • Hwang, Jong-Ho
    • The Journal of the Korea Contents Association
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    • v.11 no.6
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    • pp.397-406
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    • 2011
  • This paper analyzes the efficiency of Korean Financial Investment Institution using DEA model. We evaluate the CCR, BCC efficiency and RTS of 30 Financial Investment Institution. We also suggest the Financial Investment Institution which can be benchmarked based on analyzed information. The result shows that 3 Institution whose values of CCR efficiency are 1, and 7 Institution whose values of BCC efficiency are 1. RTS indicates IRS of 21 Investments, DRS of 6 Investments and CRS of 3 Investments.

A Study on the Relative Operational Efficiency of Foreign Port Transportation Industry (외항운송업의 상대적 운영효율성 분석)

  • Kang, Da-Yeon;Lee, Ki-Se
    • The Journal of the Korea Contents Association
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    • v.21 no.4
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    • pp.88-95
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    • 2021
  • In Korea, which achieved economic growth due to export industries, the economic importance of the foreign port transportation industry is very great. The government took the initiative in fostering the foreign port transportation industry, and as a result, it developed into one of the top 10 foreign port transport countries in the world. However, due to the poor management of the small and medium-sized foreign port transport business and the trade dispute between countries, the foreign port transportation industry has faced a long-term invasion. Therefore, in order for these companies to recover again, they will, among other things, have to reorganize their operational inefficiency to carry out efficient production activities. In this study, we want to analyze the management efficiency of the top 10% companies in the unlisted domestic outbound shipping industry, present the project value of inefficient enterprises, and confirm the reference collection of companies that may be subject to benchmarking. For this purpose, a total of 10 foreign port transportation industry were analysed for efficiency and scale profitability (RTS) of the CCR and BCC models. The analysis showed that there were a total of six entities with BCC efficiency and five entities with CCR efficiency. In addition, there were a total of five entities with both BCC and CCR efficiency.

A Study on the Operating Efficiency of Parcel Delivery Sub-terminal Agency focus on A company (택배서브터미널 대리점 운영효율성에 관한 연구 (A사를 중심으로))

  • Yoon, Sung-Goo;Park, Sung-Hoon;Ma, Hye-Min;Yeo, Gi-Tae
    • Journal of Digital Convergence
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    • v.15 no.10
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    • pp.31-43
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    • 2017
  • This study was aimed at analyzing the operational efficiency of DPAs(the delivery and pickup agents), which serve as sub-terminals in parcel delivery services, using CCR/BCC models in DEA. The input variables included the number of employees, and the amount of equipment and the operating expenses. The output variable was revenue value. The efficiency for the period from 2014 to 2016 was analyzed. The results revealed that the operational efficiency improved in 2016, compared with 2014, in both CCR and BCC models. According to the benchmarking analysis, DMU 1 and DMU 7 showed higher efficiency in 2016. The inefficiency analysis based on the BCC model showed increased efficiency of all factors in 2016 when compared with 2014. The Malmquist productivity index (MPI) dropped slightly as a result of technical changes and indicated a declining technical efficiency in all DMUs. This study suggests the need for government-led systematic improvement and support for DPAs by providing current insight into the parcel delivery industry and analyzing DPAs' operational efficiency in Korea for the first time. This research performed efficiency analysis of DPAs located in new town of paju and gimpo cities. In future research, comparative study on efficiency analysis including new town, old town area, and other cities are needed.

The Changes of Technical Efficiency and Malmquist Productivity of Land Transportation by Region (지역에 따른 육상운송의 효율성과 생산성 분석)

  • Park, Hong Gyun
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.59-77
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    • 2012
  • Inland transportation system has been improving inefficiencies and structural problems due to excess of supply. Therefore, inland transportation market needs to reform its regional logistics structure in order to increase its competitiveness. To improve the solution, the research studied efficiencies and productivity of inland transportation systems in regions. In order to obtain specific facts, each cities' five years of (2005-2009) balanced panel data on inland transportation system has been studied. According to CCR and BCC analysis, Ul-San has been evaluated as the most efficient DMU during 2005-2008. In addition, in 2009, Seoul was the most efficient DMU. Also, according to Window analysis, Gwan-Ju and Gwangwon-do scored 0.062. Therefore, they were estimated as stable DMUs. According to Malmquist productivity analysis, average productivity indexes of four terms of Chungcheongnam-do and Chungcheongbuk-do haves been increased to 6.6% and 7.3%. I hope this study contributes to the improvement of regional inland transportation system.

An Analysis of Efficiency of Superior Appraisal Corporations Using DEA (DEA 모형을 이용한 우수감정평가법인의 효율성 분석)

  • Lee, Chan-Ho;Kim, Jong-Ki;Hwang, Soo-Jin;Jeon, Jin-Whan
    • The Journal of the Korea Contents Association
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    • v.10 no.12
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    • pp.290-299
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    • 2010
  • This study aims to evaluate the efficiency of superior appraisal corporations using DEA(Data Envelopment Analysis). DEA is known as a method for evaluating relative efficiency of organizations with multiple inputs and outputs. We used CCR-O and BCC-O DEA models to evaluate relative efficiency of superior appraisal corporations. Input variable is number of appraisers, output variables are total sales and net income. Total of 13 appraisal corporations in Korea were selected for this study, and the data were collected from financial reports for 2008 fiscal year. The result of this study is summarized as follows. First, the average of superior appraisal corporation's technical efficiency score is about 88.3% by applying CCR-O model. Second, the average of superior appraisal corporation's pure technical efficiency score is about 90% and scale efficiency score is about 98.2% by applying BCC-O model. According to the result of DEA, the cause of inefficiency is pure technical efficiency.

Relative Efficiency of Korea Trucking Transport Business Using DEA Model (DEA를 이용한 국내 화물자동차 운송업의 상대적 효율성분석)

  • Chang, Myung-Hee
    • The Journal of the Korea Contents Association
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    • v.10 no.12
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    • pp.328-341
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    • 2010
  • Korea Trucking Transport Business is one of principal national logistics sector, though, so many issues and problems came to arises, which brought cargo transport system crisis over the country such as logistics enormous jam and traffic. This paper analyzes the efficiency of korean trucking transport business firms using DEA model. We evaluate the CCR, BCC efficiency and RTS of 30 trucking transport firms. We also suggest the trucking transport firms which can be benchmarked based on analyzed information. The result shows that seven enterprises whose values of CCR efficiency are 1, and fifteen enterprises whose values of BCC efficiency are 1. RTS indicates IRS of 16 firms, DRS of 5 firms and CRS of 9 firms.