• Title/Summary/Keyword: Productivity analysis

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Productivity Growth of Vietnamese Commercial Banks: An Application of Non-Parametric Analysis

  • NGUYEN, Manh Hung
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.9
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    • pp.177-187
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    • 2021
  • The purpose of the research to evaluate the efficiency and productivity growth rate of some Vietnamese commercial banks in the period 2008-2020. Using input and output selection theory, the author selected 2 models, estimating the efficiency for model 1 and estimating the yield change for both the models. We have built a model to estimate the efficiency and calculate as well as decompose the productivity growth of Vietnamese commercial banks during the period of active mergers and acquisitions activities in the banking system. Based on the results of the efficiency estimation, TFP shows during mergers and acquisitions, efficiency fluctuates but in an inverted U-shape (increasing from 2008-2011 but decreasing from 2013 to 2020). The estimated results of the impact assessment model show that FDI reduces the efficiency of banks. Productivity analysis shows that 6 out of 23 banks in the study period had positive TFP growth (tfpch > 1) due to technical progress and management efficiency. The findings of this study suggest that Vietnam's commercial banking system has many opportunities to improve operational efficiency in many aspects. In which, there are opportunities to increase credit, improve governance as well as improve the technology level of each bank. In addition, along with traditional products such as deposits and loans, diversification with a wide range of products and services is an important factor to enhance customer experience and demand in commercial banks.

A COMPARATIVE ANALYSIS ON EFFICIENCY AND TOTAL FACTOR PRODUCTIVITY IN CONSTRUCTION FIRMS BETWEEN KOREA AND JAPAN

  • J.L. Park;S.S. Kim;D.J. Kwark;J.G. Park;J.H. Kim;J.J. Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.315-320
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    • 2013
  • The aim of this study is to compare efficiency and Total Factor Productivity(TFP) between Korean and Japanese construction firms in Korea and Japan over the period of 2005-2011. The results of this study are as follows. Efficiency scores of Korean construction firms are 0.797, and Japanese construction firms are 0.921. Second, annual total factor productivity growth of Korean construction firms is 0.5% and technical progress do much for TFP decrease. However Japanese construction firms marked annual increasing of 2.5% of TFP. Third, technical progress contributed in TFP increase of construction firms in Korea. Korean construction firms, however, relatively lagged behind Japanese construction firms in technical progress. Therefore, Korean construction firms need strategies to achieve technical advances including adopting new technology or process innovation to maintain competitiveness, survive, and develop in the future competition with Japan.

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The Diffusion Period and Productivity of Smartwork by Business Simulation (비즈니스 시뮬레이션으로 살펴본 스마트워크의 확산 기간과 생산성 연구)

  • Jung, Byoungho
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.17 no.1
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    • pp.57-73
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    • 2021
  • The purpose of this study is to analyze the diffusion period and productivity of smartwork in an organization. Firms are increasingly interested in smartwork for non contact work and working from home because of the corona 19. The smartwork is a new technology that changes face-to-face work in an organization. It helps the work of individuals and organizations regardless of time and place. The theoretical background describes the complexity, system thinking, diffusion theory, smart work, organizational resistance, and productivity. This study analyzes the diffusion period and productivity of smart work through business simulation techniques. A simulation study progresses four stages. There are problem definition, hypothesis establishment and causal loop diagram, model construction and verification, and policy evaluation. The simulation models contain an individual's resistance variables organizational investment and leadership variables related to the operation of smartwork. The organizational investment variables include organizational culture, legal system, implement systems and technology investment. The individual resistance variables include cognitive, attitude, structure and technological resistance. The leadership includes leadership interest variables and performance linkage variables. The simulation executed the changes of a people number adopting smart work and the organizational productivity monthly. As a result of the simulation, many organization members have accepted the smart work innovation after 20 months. The organizational productivity through smart work showed very high value after 16 months. In scenario analysis, the individuals' awareness and attitude resistance showed very important variables to productivity and a personal change of smart work adoption. Meanwhile, The organizational investment showed that the high driving-force increased not productivity and the low driving-force showed decreased low productivity. Also, leadership variables showed a powerful driver for changing smart work productivity. The implication of the study has suggested extending complexity, diffusion theory and organization resistance theory based on simulation methods.

A Method of Calculating Baseline Productivity by Reflecting Construction Project Data Characteristics (건설 프로젝트 데이터 특성을 반영한 기준생산성 산정 방법)

  • Kim Eunseo;Kim Junyoung;Joo Seonu;Ahn Changbum;Park Moonseo
    • Korean Journal of Construction Engineering and Management
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    • v.24 no.3
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    • pp.3-11
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    • 2023
  • This research examines the need for a quantitative and objective method of calculating baseline productivity in the construction industry, which is known for its high volatility in performance and productivity. The existing literature's baseline productivity calculation methods rely heavily on subjective criteria, limiting their effectiveness. Additionally, data collection methods such as the "Five-minute Rating" are costly and time-consuming, making it challenging to collect detailed data at construction sites. To address these issues, this study proposes an objective baseline calculation method using unimpacted productivity BP, a work check sheet to systematically record detailed data, and a data collection and utilization process that minimizes cost and time requirements. This paper also suggests using unimpacted productivity BP and comparative analysis to address the objectivity and reliability issues of existing baseline productivity calculation methods.

An analysis of the operational efficiency of the major airports worldwide using DEA and Malmquist productivity indices (세계 주요 공항 운영 효율성 분석: DEA와 Malmquist 생산성 지수 분석을 중심으로)

  • Kim, Hong-Seop;Park, Jeong-Rim
    • Journal of Distribution Science
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    • v.11 no.8
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    • pp.5-14
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    • 2013
  • Purpose - We live in a world of constant change and competition. Many airports have specific competitiveness goals and strategies for achieving and maintaining them. The global economic recession, financial crises, and rising oil prices have resulted in an increasingly important role for facility investment and renewal and the implementation of appropriate policies in ensuring the competitive advantage for airports. It is thus important to analyze the factors that enhance efficiency and productivity for an airport. This study aims to determine the efficiency levels of 20 major airports in East Asia, Europe, and North America. Further, this study also suggests suitable policies and strategies for their development. Research design, data, and methodology - This paper employs the DEA-CCR, DEA-BCC, and DEA-Malmquist production index analysis models to determine airport efficiency. The study uses data on the efficiency and productivity of the world's leading airports between 2006 and 2010. The input variables include the airport size, the number of runways, the size of passenger terminals, and the size of cargo terminals. The output variables include the annual number of passengers and the annual cargo volume. The study uses basic data from the 2010 World Airport Traffic Report (ACI). The world's top 20 airports (as rated by the ACI report) are investigated. The study uses the expanded DEA Model and the Super Efficiency Model to identify the most effective airports among the top 20. The Malmquist productivity index analysis is used to measure airport effectiveness. Results - This study analyzes longitudinal and cross-sectional data on the world's top 20 airports covering 2006 to 2010. A CCR analysis shows that the most efficient airports in 2010 were Gatwick Airport (LGW), Zurich Airport (ZRH), Vienna Airport (VIE), Leonardo da Vinci Fiumicino Airport (FCO), Los Angeles International Airport (LAX), Seattle-Tacoma Airport (SEA), San Francisco Airport (SFO), HongKong Airport (HKG), Beijing Capital International Airport (PEK), and Shanghai Pudong Airport (PVG). We find that changes in airport productivity are affected more by technical factors than by airport efficiency. Conclusions - Based on the study results, we offer four airport development proposals. First, a benchmark airport needs to be identified. Second, inefficiency must be reduced and high-cost factors need to be managed. Third, airport operations should be enhanced through technical innovation. Finally, scientific demand forecasting and facility preparation must become the focus of attention. This paper has some limitations. Because the Malmquist productivity index is based on the hypothesis of the, the identified production change could be over- or under-estimated. Further, as DEA estimates the relative efficiency. It also cannot generalize to include all airport conditions because the variables are limited. To measure airport productivity more accurately, other input variables and environmental variables such as financial and policy factors should be included.

Productivity and Economic Analysis of Sandwich Panel Construction Work by Shop Fabrication (공장가공에 따른 샌드위치 패널공사의 생산성 및 경제성 분석)

  • Cho, Dong-Ryul;Son, Jae-Ho;Lee, Seung-Hyun
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.113-122
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    • 2009
  • The domestic construction market started to expand steadily since 1970s. The building market which utilizes a sandwich panel with advantages of economical construction expenses and convenient construction has grown rapidly in recent years. However, the companies which specialize in constructing sandwich panels are relatively small or medium size, compared with other construction companies. As a result, studies on the improvement of productivity have not been conducted sufficiently. In this study, the construction sites of sandwich panel are investigated, and the work processes by each team are analyzed. Additionally, the productivity and the construction cost of each work group are analyzed by constructing a model using the Web-Cyclone. It analyzed sensitivities about change of productivity and work costs following in processing place of the panel which is one of the productivity effect factors, so it assayed the optimized productivity by each work group and work costs. Analysis showed that 30% of productivity has improved compared with the factory processing work group, and analysis of work costs showed that about 15% of work costs was increased. Also sensitivity analysis of opening ratio showed that the work costs optimization will be accomplished when about 20% of opening was processed from the factory.

Productivity Analysis for Strutural Formwork Using 3D BIM (3D BIM을 활용한 골조 거푸집 공사의 생산성 분석에 관한 연구)

  • Choi, Chang-Hoon;Park, Young-Jin;Soh, Ji-Yoon;Kim, Sung-Yeon;Lee, Junbok
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.4
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    • pp.292-300
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    • 2014
  • The construction progress control is very important because there are many unexpected factors affecting time schedule delay and cost overruns. A complicated measure including item quantity and inherent time and costs is used to monitor the progress. Another element to be considered is a productivity, which is cost effectiveness because productivity is primarily measured by the costs. Productivity is stated as constant in-place value divided by inputs such as worker-hour. The main purpose of this paper is to analyze the productivity of structural formwork using a 3D BIM. In order to achieve the research objective, an integrated model of a BIM with a daily foreman's report is developed. The quantities being extracted from a 3D model and information are integrated with manpower utilized. The developed model is applied to a case project to measure and analyze the productivity in terms of individual building and work crew team. The results are discussed and further research topics will be addressed.

Factors Affecting Nursing Productivity of Clinical Nurses: Focused on Emotional Intelligence and Burnout (임상간호사의 간호생산성 영향요인: 감성지능과 소진을 중심으로)

  • Cho, Hoe-Kyung;Choi, Yun-Jeong;Jeon, Mi-Kyung;Jung, Gye-Hyun
    • The Journal of the Korea Contents Association
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    • v.15 no.9
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    • pp.307-316
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    • 2015
  • The purpose of this study was to investigate the relationship between emotional intelligence, burnout and nursing productivity, to find the factors for nursing productivity need to the efficient management of nursing organization. 255 nurses were collected a structured questionnaire by convenience sampling with 300 beds, Nov. 12-Dec. 26 in 2013. Data were processed SPSS 17.0, using t-test, one way ANOVA, Scheffe test, Pearson's correlation coefficient, and enter multiple regression analysis. These results showed a significant negative correlation between emotional intelligence and burnout, a significant positive correlation between emotional intelligence. Emotional intelligence, total clinical experence, burnout and position had a significant influence on nursing productivity, Nursing productivity explained 43.4% of the variation. Therefore, it demanded that to build the infrastructure for the nursing organization of carrer management, to improve emotional intelligence, to design diverse intervention program for the nurses, to reduce burnout, and to increase work productivity.

The Analysis on the Relationship between R&D Productivity of Renewable Energy and Emission Trading Scheme; Using OECD Patent Data (신재생에너지의 R&D 생산성과 배출권거래제의 연관관계 분석: OECD 특허데이터를 중심으로)

  • Kim, Suyi
    • Environmental and Resource Economics Review
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    • v.22 no.1
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    • pp.53-76
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    • 2013
  • This paper analyzed on the relationship between R&D productivity of renewable energy and the Emissions Trading Scheme using OECD's country-specific patents and R & D input data. We empirically tested whether this R & D productivity has been substantially improved before and after the implementation of the emissions trading scheme and whether emission trading scheme has been promoted technology progress of renewable energy. Analytical methods used in this study, Negative Binomial Models which was proposed by Hausman et al. (1984). According to the results of this analysis, the R & D productivity of renewable energy was improved by emissions trading scheme, which was statistically significant at the 99% confidence interval [CI]. The R&D productivity of renewable energy was higher in Annex I countries. This research is significant in that R&D productivity was analyzed in associated with the emission trading scheme rather than it was analyzed by simply comparing R&D productivity.

Application of Decision Trees for Prediction of Sugar Content and Productivity using Soil Properties for Actinidia arguta 'Autumn Sense'

  • Ha, Si-Young;Jung, Ji-Young;Park, Young-Ki;Kweon, Gi-Young;Lee, Sang-Yoon;Park, Jae-Hyeon;Yang, Jae-Kyung
    • Journal of agriculture & life science
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    • v.53 no.5
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    • pp.37-49
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    • 2019
  • Environmental conditions are important in increasing the fruit sugar content and productivity of the new cultivar Autumn Sense of Actinidia arguta. We analyzed various soil properties at experimental sites in South Korea. A Pearson's correlation analysis was performed between the soil properties and sugar content or productivity of Autumn Sense. Further, a decision tree was used to determine the optimal soil conditions. The difference in the fruit size, sugar content, and productivity of Autumn Sense across sites was significant, confirming the effects of soil properties. The decision tree analysis showed that a soil C/N ratio of over 11.49 predicted a sugar content of more than 7°Bx at harvest time, and soil electrical capacity below 131.83 µS/cm predicted productivity more than 50 kg/vine at harvest time. Our results present the soil conditions required to increase the sugar content or productivity of Autumn Sense, a new A. arguta cultivar in South Korea.