• Title/Summary/Keyword: Growth Efficiency

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The Efficiency of Islamic Banks: Empirical Evidence from Indonesia

  • YUSUF, Ayus Ahmad;SANTI, Nur;RISMAYA, Erin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.239-247
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    • 2021
  • Conventional banks are often considered more efficient than Islamic banks because they have been operating for decades, but Islamic banks have shown rapid development recently. Therefore, this study mainly aims to compare the level of efficiency of conventional banks and Islamic banks and which ones have the best level of efficiency. This study employs panel data using Stochastic Frontier Analysis (SFA) as the data analysis technique. The data used is annual data from 13 conventional banks and 13 Islamic banks in Indonesia during the 2014-2019 period. The result shows no significant difference in the efficiency of conventional banks and Islamic banks. This result is presumably influenced by the small size of the bank and the total number of banks used in the study. The data used in the study is limited to the period from 2014 to 2019. The variables utilized are also limited to the availability of financial report data which is publicly published. This study provides additional empirical evidence regarding conventional banks' and Islamic banks' efficiency in Indonesian banking by using the latest data. While theoretically, Islamic banks are expected to be more efficient than conventional banks, this study did not find any strong support for the case in Indonesia during the observation period.

Effects of Fat Sources and Energy to Protein Ratio on Growth Performance and Carcass Composition of Chicks

  • Jin, Young-Hee
    • Preventive Nutrition and Food Science
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    • v.1 no.2
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    • pp.239-243
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    • 1996
  • Three hundred and twenty-four 1 day old chicks were used to determine the effects of fat source and energy to protein ratio on growth performance , carcass composition and the efficiency on nutrient utilization. Chicks were assigned. in a completely randomized design, to 3*3 factorial arrangement of treatments. Chicks received one of three fat sources (n0 fat, tallow, corn oil) and one of three energy to protein ratios(16, 14 and 12kcal ME/g CP). All diets were formulated to be isocaloric(3.2Mcal ME/kg diets) using published ME values for the diet ingredients. Addition of tat to the diet increased ADG, average daily feed intake, and gain to feed, Chicks fed diets containing fat had increased percentage body DM and ether extract(EE), but percentage CP was not different, Chicks fed diets containing fat had increased efficiency of protein and energy deposition. Addition of fat ad either fallow or corn oil yielded similar results. Reducing the energy to protein ratio of the diet did not affect ADG or gain to feed, but tended to decrease average daily feed intake(p=0.80), as well as resulting in linear(p<0.05) reductions in body percentage DM., EE and also total EE. Increasing the energy to protein ratio did not affect percentage or total body Cp. Adding fat to poultry diets improved growth performance and the efficiency of growth chicks. Decreasing the energy to protein ratio did not affect growth performance, but reduced EE in the body of Chicks.

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Peppermint Oil Promotes Hair Growth without Toxic Signs

  • Oh, Ji Young;Park, Min Ah;Kim, Young Chul
    • Toxicological Research
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    • v.30 no.4
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    • pp.297-304
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    • 2014
  • Peppermint (Mentha piperita) is a plant native to Europe and has been widely used as a carminative and gastric stimulant worldwide. This plant also has been used in cosmetic formulations as a fragrance component and skin conditioning agent. This study investigated the effect of peppermint oil on hair growth in C57BL/6 mice. The animals were randomized into 4 groups based on different topical applications: saline (SA), jojoba oil (JO), 3% minoxidil (MXD), and 3% peppermint oil (PEO). The hair growth effects of the 4-week topical applications were evaluated in terms of hair growth, histological analysis, enzymatic activity of alkaline phosphatase (ALP), and gene expression of insulin-like growth factor-1 (IGF-1), known bio-markers for the enhanced hair growth. Of the 4 experimental groups, PEO group showed the most prominent hair growth effects; a significant increase in dermal thickness, follicle number, and follicle depth. ALP activity and IGF-1 expression also significantly increased in PEO group. Body weight gain and food efficiency were not significantly different between groups. These results suggest that PEO induces a rapid anagen stage and could be used for a practical agent for hair growth without change of body weight gain and food efficiency.

Compensatory Growth of Juvenile Olive Flounder Paralichthys olivaceus during the Summer Season (하절기 넙치유어의 보상 성장)

  • Cho Sung-Hwoan
    • Journal of Aquaculture
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    • v.19 no.2
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    • pp.95-98
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    • 2006
  • This study was performed to determine possibility of compensatory growth of juvenile olive flounder fed a commercial feed during the summer season. Five treatments of fish with triplicates were prepared: C, S1, S2, S3 and S4. Fish in the control group (C) was hand-fed with the commercial feed to apparent satiation twice daily for 6 days a week during 6 weeks. Fish in S1, S2, S3, and S4 experienced 1, 2, 3, and 4 weeks of starvation before fed to satiation twice daily for 5, 4, 3, and 2 weeks, respectively. The feeding trial lasted far 6 weeks. Survival of flounder in C, S1 and S2 was significantly (P<0.05) higher than that offish in S4. Weight gain and specific growth rate (SGR) of flounder in C and S1 were significantly (P<0.05) higher than those of fish in S2, S3 or S4. And weight gain and SGR of flounder in S2 and S3 were significantly (P<0.05) higher than those of fish in S4. Feed consumption of flounder tended to increase with weeks of feeding. Feed efficiency ratio and protein efficiency ratio for flounder in C, S1, S2 and S3 were significantly (P<0.05) higher than those for fish in S4. Moisture content of the whole fish in C was lowest, but highest for fish in S4, respectively. Crude protein content of the whole fish in C was highest, but lowest far fish in S4, respectively. Crude lipid content of the whole fish in C, S1 and S2 was significantly (P<0.05) higher than that of fish in S4. In conclusion, full compensatory growth was obtained in juvenile olive flounder fed for 5 weeks after 1-week feed deprivation during the summer season. Compensatory growth of fish was well supported by improvement in feed efficiency ratio and protein efficiency ratio.

Effects of the crude protein concentration on the growth performance and blood parameters in growing Hanwoo steers (Bos taurus coreanae)

  • Seoyoung, Jeon;Hyunjin, Cho;Hamin, Kang;Kyewon, Kang;Mingyung, Lee;Enkyu, Park;Seokman, Hong;Seongwon, Seo
    • Korean Journal of Agricultural Science
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    • v.48 no.4
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    • pp.975-985
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    • 2021
  • The sufficient amount of protein supply is crucial for improving the growth performance of growing beef cattle. In addition, due to the improvement in the genetic potential of the carcass weight of Hanwoo steers, dietary protein requirements may be increased during the rapid growth period. Accordingly, the dietary crude protein (CP) level in growing Hanwoo steers has been increasing in the field. However, little scientific evidence is available in relation to this. Therefore, this study was conducted to test whether a higher dietary CP level than convention would improve the growth performance and body metabolism in growing Hanwoo steers. Fifty growing Hanwoo steers were randomly divided into two groups and fed either a commercial diet (CON) or a higher CP (HCP) concentrate mix, provided with a similar level of dietary energy. Tall fescue hay was provided ad libitum. The dietary CP level did not affect growth performance and blood metabolite. Nitrogen intake, predicted nitrogen excretion, and retained nitrogen were higher in the HCP group than in the CON group (p < 0.01). Although there was no difference in the nitrogen utilization efficiency, the growth efficiency per retained nitrogen decreased in the HCP group (p = 0.02). A higher dietary CP level may increase nitrogen retention in growing Hanwoo steers without improving growth performance, which leads to reduced growth efficiency per retained nitrogen. Furthermore, considering the high price of feed protein and increased nitrogen excretion to the environment, a further increase in the protein level may not be sustainable.

The Relationship between Foreign Direct Investment and Local Economic Growth: A Case Study of Binh Dinh Province, Vietnam

  • LE, Bao;NGO, Thi Thanh Thuy;NGUYEN, Ngoc Tien;NGUYEN, Duy Thuc
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.33-42
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    • 2021
  • This study aims to investigate the relationship between foreign direct investment (FDI) and economic growth at the provincial level by using time-series data in Binh Dinh from 1997 to 2019. We applied the quantitative approaches Vector Autoregression (VAR) and Autoregressive Distributed Lags (ARDL) in the model, which includes economic growth, real foreign direct investment capital, ratio of trained workers, and infrastructure. The results show that all these variables are stationary at the first difference. In ARDL analysis, we found that the economic growth positively affects FDI attraction. However, there is no evidence of the effect of FDI on economic growth in the condition of low capital implemented. Moreover, findings also show that the impact of FDI on economic growth is influenced by two factors: infrastructure and human capital. The lack of human capital, which is trained personnel and infrastructure, is the main barrier hindering and inhibiting FDI's contribution to local economic growth. In order to improve the efficiency of FDI on economic growth in the future, it is suggested that the Binh Dinh government should have proper policies in terms of the infrastructure, the human capital investment. They would allow Binh Dinh to enhance the capital absorptive capacity and capital efficiency.

Growth Rate and Yield of a Methanotrophic Bacterium Methylosinus Trichosporium OB3b : I. Experimental Measurements (메탄자화균 Methylosinus trichosporium OB3b의 성장 속도와 수율 : I. 실험적 고찰)

  • 황재웅;송효학;박성훈
    • KSBB Journal
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    • v.13 no.4
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    • pp.391-398
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    • 1998
  • The effect of culture medium copper availability on the specific growth rate(${\mu}$) and carbon conversion efficiency (CCE) was sutided for an obligatory methanotroph Methylosinus trichosporium OB3b under various combinations of carbon and nitrogen sources. Methane or methanol was used as a carbon source, and nitrate or ammonium was used as a nitrogen source. Medium copper availability determined the intracellular location or kind of methane monooxygenase (MMO), cell-membrane (particulate or pMMO) when copper was present and cytoplasm (soluble or sMMO) when copper was deficient. When methane was used as a carbon source, copper-containing medium exhibited higher ${\mu}$ and CCE than copper-free medium regardless of the kind of nitrogen source. When methanol was used as a carbon source, however, the effect of copper disappeared. Ammonium gave the higher ${\mu}$ and CCE than nitrate for both methane and methanol. Those observation suggest that there exist an important difference in energy utilization efficiency for methane assimilation between sMMO and pMMO.

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Productivity growth in Korean Railway Transport (우리나라 철도수송의 생산성 변화)

  • Kim, Hyun-Woong;Kook, Kwang-Ho;Moon, Dae-Seop
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.378-381
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    • 2009
  • This paper investigates the productivity growth in Korean railway transport. The productivity growth is calculated by a process of measuring of pure efficiency change index(PECI), scale efficiency change index(SECI), and technical change index(TCI), using Data envelopment analysis (DEA) method. The data cover the period 1999$\sim$2006; 1999$\sim$2003 are the pre-structural reform years and the post-structural reform years are 2004$\sim$2006. The framework for the analysis is Malmquist Productivity Index (MPI) of the to investigate the impacts of structural reform on productivity growth, respectively. The inputs considered are the length of operating line, the number of staff, the number of coach and wagon, and the outputs are the trains movement of passenger and freight, and the traffic of passenger and freight. Results indicate that Korean railway experienced a annual productivity growth of approx. 3% after the structural reform.

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Factors Influencing Business Efficiency of Steel Firms: Evidence from Vietnam

  • NGUYEN, Nguyet Minh;TRAN, Kien Trung
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.295-304
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    • 2021
  • This study aims to identify and analyze the impact of internal factors on business efficiency of steel firms in Vietnam. The article uses data collected from the financial statements of 26 steel firms operating in Vietnam between 2012 and 2019. With the application of E-view software in quantitative analysis to build regression models on the table data (panel data), and the study has built a regression model identifying the relationship and impact level of internal factors affecting business efficiency of steel firms in Vietnam. In the study, the dependent variable is business efficiency, determined by the profit after tax on the firm's assets. The independent variables are firm size, growth rate, capital structure, ratio of long-term assets, receivables management, and solvency. The research results show that the four factors of firm size, growth rate of assets, receivables management, and solvency have a positive impact on business efficiency, while two factors including capital structure and ratio of long-term assets do not affect business efficiency of enterprises. The results of this article are very useful for corporate executives in general and for financial managers in particular, helping managers make the right financial decisions for the company to promote business efficiency of the company.

Variation of Nitrogen Use Efficiency and Its Relationships with Growth Characteristics in Rice Cultivars

  • Lee, Seung-Hun;Lee, Ho-Jin;Chung, Ji-Hoon;Cho, Young-Chul;Lee, Jae-Hong;Kim, Hee-Dong
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.49 no.2
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    • pp.89-93
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    • 2004
  • This experiment was conducted to investigate the variation of nitrogen use efficiency, nitrogen uptake efficiency, physiological utilization efficiency and their relationships with growth characteristics in the 28 Korean rice cultivars. Nitrogen use efficiency of 28 rice cultivars was 47.74, nitrogen uptake efficiency was 0.71, and physiological utilization efficiency was 68.76 in average. Nitrogen use efficiency of rice cultivars had low variation ranged from 44.09 to 51.91, but nitrogen uptake efficiency were relatively high variation from 0.51 to 0.90, and physiological utilization efficiency was from 51.71 to 94.26. The high efficient group in nitrogen uptake efficiency whose value was calculated above 0.80 included Daeanbyeo, Seojinbyeo, Ansungbyeo, Dongjinbyeo, and Hwaanbyeo, while the low efficient group with below 0.60 was Kwanganbyeo, Sampyeongbyeo, Soorabyeo, and Hwasungbyeo. Hwasungbyeo, Sampyeongbyeo, Soorabyeo for physiological utilization efficiency were more efficient cultivars, while Daeanbyeo, Seojinbyeo, Ansungbyeo were less efficient cultivars. Nitrogen uptake efficiency had positive correlation coefficients between dry matter weight of plant ($0.842^{**}$), leaf area index ($0.761^{**}$), and leaf nitrogen content ($0.599^{**}$), respectively. Therefore, the dry matter weight of rice plant and leaf area index was important characters to evaluate nitrogen uptake efficiency in rice cultivars. Also, more efficient cultivar in nitrogen uptake had higher chlorophyll meter value, which was appeared dark green color.