• Title/Summary/Keyword: Economic Efficiency

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An Analysis of Economic Efficiency of Fruits and Vegetables Farms: the Case of Strawberries and Tomatoes Farms (과채 재배농가의 경영현황 및 경영효율성 분석 : 딸기·토마토를 중심으로)

  • Jung, Da-Eun;Yang, Seung-Ryong
    • Korean Journal of Organic Agriculture
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    • v.24 no.3
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    • pp.385-412
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    • 2016
  • This paper analyzes economic efficiency of strawberries and tomatoes farms using the data envelopment analysis (DEA). We examine how production characteristics and farm size affect overall efficiency (OE), allocative efficiency (AE), and technological efficiency (TE). We also survey sample farm households from the Farm Income Investigation database of Rural Development Administration to investigate management and cultivation techniques and to analyze economic efficiency by technique. Implications for improving efficiency are suggested in the conclusion.

An Analysis of Economic Efficiency of Environmental Friendly Farms and Conventional Farms : the Case of Strawberries and Tomatoes farms (친환경농가와 관행농가의 경영효율성에 관한 연구: 딸기와 토마토를 중심으로)

  • Han, Byeol;Yang, Sung-Bum
    • Korean Journal of Organic Agriculture
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    • v.25 no.4
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    • pp.679-697
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    • 2017
  • This study analyzes an economic efficiency of environmental friendly farm and conventional farm using the data envelopment analysis (DEA). We compare the economic efficiency of Environmental Friendly farm and Conventional farm. We also analyze the effects of some explanatory variables on allocative efficiency (AE), pure technology efficiency (PTE) and scale efficiency (SE). In the case of strawberries farm, environmental friendly farm has higher overall efficiency (OE) than conventional farm. But tomatoes farm has higher overall efficiency (OE) than conventional farm. And We measure returns to scale of farms. Most strawberries and tomatoes farms showed Increasing to Scale (IRS).

An Analysis of Economic Efficiency of Fruits Farms: the Case of Apples, Pears, and Grapes Farms (과수 재배농가의 경영효율성 분석: 사과·배·포도를 중심으로)

  • Lee, ChoonSoo;Yun, Sung-Ju;Kim, GunA;Yang, Seung-Ryong
    • Korean Journal of Organic Agriculture
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    • v.23 no.4
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    • pp.615-641
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    • 2015
  • This study analyzes an economic efficiencies of apples, pears, and grapes farming. We evaluate an annual economic overall efficiency (OE), allocative efficiency (AE), technology efficiency (TE), pure technology efficiency (PTE), and scale efficiency (SE) using data envelopment analysis (DEA). We also measure returns to scale of farms, and the change of technical efficiency of frontier farms. Lastly we estimate the effects of some explanatory variables on allocative, pure technical, and scale efficiencies.

Eco-efficiency Analysis of Organic Agriculture in Korea

  • Kim, Chang-Gil;Jeong, Hak-Kyun
    • Korean Journal of Organic Agriculture
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    • v.19 no.spc
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    • pp.87-91
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    • 2011
  • Eco-efficiency which is calculated by dividing economic productivity by the environmental load was made by synthesizing eco and efficiency from ecology and economy, proposed by World Business Council for Sustainable Development in 2000. Eco-efficiency by connection of resource efficiency with resource intensity is used as an indicator for evaluating green growth for minimizing the impact on the environment and achieving economic development as well by means of efficient use of resources. This research analyzes eco-efficiency with the case of organic agriculture promoted as a key green growth policy. Thirty questionnaires for farmers producing organic rice in Hongseong-gun, Choongcheongnam-do were used for the analysis. Eco-efficiency was measured by means of the amount of used nitrogen with respect to the amount of income, and was represented that organic agriculture was 32.0 higher than conventional agriculture. The analytical result of technical efficiency, using the (Data Envelopment Analysis (DEA) model showed that it is 0.765 which has a possibility of 21% in management improvement, and higher eco-efficiency was with higher technical efficiency. The analytical results showed that an organic agriculture contributes to green growth more than conventional agriculture. In addition, higher technical efficiency groups exhibited higher eco-efficiency indices.

Development of Heat Exchanger Production Model Based on the Microlamination Technology and Estimation of its Economic Efficiency (마이크로 적층기술을 이용한 열교환기 생산모델 개발과 경제성 평가)

  • Ryuh, Beom-Sahng;Kim, Jae-Hee;Park, Sang-Min
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.15 no.3
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    • pp.97-103
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    • 2006
  • The development of a heat exchanger production model based on the microlamination technology and it's economic efficiency is addressed. A microchannel production model is proposed for the high-volume production. The microlamination system is made up of lamina patterning, laminae sorting and laminae bonding. A cost estimation model is developed based on the hewn cycle time and capital equipment costs. An economic efficiency analysis is performed to determine the cost drivers under the different market and product scenarios. The result of the economic efficiency analysis indicated that the device size and the production rate have a great effect on the overall manufacturing cost of microlamination devices. And it can be concluded that the microlamination should focus on bonding larger laminae and reducing both cycle time and warpage.

Tools for Improving the Efficiency of the Economic Security of Enterprises in Face of the Competitiveness Intensification

  • Turylo, Anatolii M.;Sharko, Vitalii;Fesun, Iryna;Stadnyk, Viktoriya;Andrusenko, Nadiia
    • International Journal of Computer Science & Network Security
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    • v.22 no.3
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    • pp.53-60
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    • 2022
  • The article examines the problems of ensuring the effectiveness of the economic security system in the face of increasing competition. The relevance of the study is determined by the intensification of competition between enterprises and the threats arising from this phenomenon. The methodological basis is the methods used: analysis and synthesis - to identify the main trends in the development of tools for economic security of the enterprise; systematization - to highlight the main characteristics of the economic security of the enterprise in the intensification of competition; generalization - to form the general conclusions of the study. The purpose of scientific research is to substantiate the feasibility of using the tools of the economic security system to increase its efficiency in the face of intensifying competition. The main components of the economic security system of the enterprise, which have the greatest impact on the formation of an effective level of economic security. The defining characteristics of the system of economic security of the enterprise are investigated. Special characteristics of the economic security system of the enterprise are considered. The offered directions of tools of maintenance of system of economic safety of the enterprise in competitive conditions: objective, subjective external, subjective internal. For each area, specific tools for ensuring the system of economic security, which affect its efficiency, have been identified.

A Study on the Economic Factors and Properties in Architecture (건축의 경제적 요인과 특성에 관한 연구)

  • Lee Dong Heon
    • Journal of the Korean housing association
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    • v.16 no.2
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    • pp.45-53
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    • 2005
  • Korea has recently experienced a large change in civil architecture and urban environment. However most of civil architectures and urbanization have been accomplished without considering economic efficiency and impact. This study focuses primarily on an analysis on the relationship between architecture and economic efficiency through the foreign and domestic case studies. Secondly, it is going to elucidate the economic properties on Korean architecture recently established. With perspectives of the analysis, we need to consider the following factors in the production of architecture; labor intensive industry, seasonal industry, strong and domestic demand.

Analysis of the relationship among water-efficiency in the non-agricultural sector, economic growth, electricity generation, and CO2 emission - evidence from Korea - (우리나라에서 비농업 부문의 물 효율성, 경제성장, 전력생산 및 CO2배출 간의 관계 분석)

  • Jung, Yonghun;Lee, Seong-Hoon
    • Journal of Korea Water Resources Association
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    • v.51 no.12
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    • pp.1229-1235
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    • 2018
  • We have examined dynamic relationships among water-efficiency, economic growth, electricity generation, and $CO_2$ emissions in Korea using various time-series analysis methods for 1990-2014. While previous studies have been limited to economic growth, $CO_2$ emissions, and electricity generation, this study contributed to explain the relationship between existing variables and water-efficiency. We find that the four variables reach a balanced state in the long run through short-term adjustment, $CO_2$ emissions and economic growth are responsible for water efficiency, and that $CO_2$ emissions, economic growth and water efficiency are the causes of electricity generation. The long-term impact coefficient estimates on water-efficiency show that the increase in electricity generation and the decrease in $CO_2$ emissions increase water-efficiency. Although economic growth has increased water-efficiency, moreover, we have identified an inverted U-shaped relationship between economic growth and water-efficiency, which suggests that economic growth above a certain level reduces the rate of increase in water-efficiency.

The Korea's Future ODA Policy Direction through Efficiency Analysis : Focusing on the Beneficiary Countries of ODA Projects Provided by Korea (공적개발원조 사업의 효율성 분석을 통한 미래 정책 방향성 : 우리나라 ODA 사업 수혜국을 중심으로)

  • Nam, Hyun-dong;Kim, Dae-cheol
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.1-10
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    • 2018
  • The purpose of this study is to improve effectiveness of Korea's Official Development Assistance (ODA) provided to developing countries. To do this, we analyze the efficiency of ODA provided to 38 recipient countries by Korea through data envelope analysis method. The effects of four factors including population, GDP, economic decline and poverty, and external intervention on efficiency are also investigated by utilizing tobit regression analysis. As a result of the DEA efficiency analysis, it is found that the average efficiency score of the total is about 59%. By region, the average efficiency score of Asia, Africa, Central and South America, and the East and CIS (Commonwealth of Independent States) are about 42%, 68%, 70%, and 74%, respectively. It indicates that the Asian countries are inefficient compared to countries of the other regions. It is also found that factors of population, GDP, economic decline and poverty, and external intervention have statistically significant effects on efficiency at 0.01 significance level. In the case of the population, the higher the population of the recipient country, the more negative (-) effect is on the efficiency. The other factors such as GDP, economic decline and poverty, and external intervention have positive effects on the efficiency.

Methodological Improvement for the Economic Assessment of Public R&D Programs

  • Hwang, Seogwon
    • STI Policy Review
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    • v.2 no.3
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    • pp.35-44
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    • 2011
  • Korea has rapidly increased R&D investment over the last few decades and the intensity of R&D investment is among the highest in the world; however, there are serious concerns about R&D performance and R&D efficiency. This study is to improve the economic assessment methodology regarding a feasibility study for national R&D programs that are thought to be one of the most prominent ways to enhance R&D efficiency. In order to improve the methodology of economic assessment, a few of important factors such as technical or market uncertainty, spillover effect, and R&D contribution ratio should be covered in the model. The focus of this article is technological and market uncertainty that has a close relation with strategic flexibility and utilization potential to increase the value of R&D programs. To improve the current linear and definitive R&D process, a new framework with strategic flexibility is suggested, in which the result of economic assessment that considers technological and market uncertainty is reflected in planning. That kind of feedback process is expected to enhance the value of the program/project as well as R&D efficiency.