• Title/Summary/Keyword: business productivity

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Productivity Analysis in Fisheries Processed Wholesale Products Using Malmquist Productivity Index (맘퀴스트 생산성지수를 이용한 수산물 가공식품 도매업의 생산성 분석에 관한 연구)

  • Pyo, Hee-Dong;Kim, Jong-Cheon
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.387-396
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    • 2010
  • This paper estimates changes in the total factor productivity and technical efficiency change index and the technical change index using the Malmquist productivity index (MPI) in fishery-processed wholesale products over the time period spanning 2006-2008. The model considers a number of employees and operating costs as input factors, and sales and EBIT (earnings before tax and interest) as output factors. The results demonstrate that, between 2006 and 2007, there has generally been no technical progress, although a small improvement in productivity was detected in the sales scale of 10 billion won-50 billion won. Between 2007 and 2008, there was technical progress in the majority of DMU, except within the range of 20 million won-10 billion won. Wilcoxon's rank-sum test, however, demonstrates no statistically significant differences in productivity between the two periods.

How Productive Are Life Insurance Institutions in Malaysia? A Malmquist Approach

  • Masud, Muhammad Mehedi;Rana, Md. Sohel;Mia, Md Aslam;Saifullah, Md. Khaled
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.241-248
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    • 2019
  • The purpose of this study is to investigate empirical evidences of productivity of life insurance institutions in Malaysia. Therefore, this study attempts to explore the productivity of the life insurance institutions in Malaysia. The overall findings show that the total factor productivity (TFP) has progressed by 2.5% per year during the study period from 2012 to 2016 in the Malaysian insurance industry. However, TFP change has declined from 2012 to 2015 and observed a negative growth in 2015-16 (3.3%). The highest productivity progress was documented during 2012-13 at a rate of 11.7% while the minimum productivity progress was during 2014-15 (only 0.2%). The results also indicate that the decomposition of TFP found that overall progress could mainly be attributed to technological change (TC). However, technical efficiency change (TEC) and pure technical efficiency change (PTE) have negative impact on TFP. The findings also show that most of the insurance companies have a steady growth. Therefore, this study will contribute new insights for the policy makers and insurance institutions to take appropriate steps in developing relevant policies for increasing productivity of insurance institutions in Malaysia.

Effects of Performance-related Pay on Gender Labor Productivity Differences (성과급제도가 성별 노동생산성에 미치는 효과)

  • Jung, Jin-Yong
    • Asia-Pacific Journal of Business
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    • v.11 no.3
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    • pp.185-198
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    • 2020
  • Purpose - The purpose of this study is to examine the effect of performance-related pay on gender labor productivity differences theoretically and empirically. Design/methodology/approach - This study analyzes the Principal-Agent model in which a firm employes many male and female workers under moral hazard, and uses large survey data from Survey of Business Activities of MDIS (MicroData Integrated Service) in Korea. The fixed-effect model is employed in order to analyze the data. Findings - The theoretical result is that, after performance-related pay is offered to workers, the effect of performance-related pay on gender productivity is determined by whether the female ratio within firm affects firm's performance(such as revenue and profit) per capita. The empirical result is that, before performance-related pay is provided for all workers, the firm's female ratio does not affect firm's revenue and profit per capita at all, but after it is offered, the female ratio positively affects firm's performance per capita. Research implications or Originality - Fixed pay does not bring about the difference between male and female productivity, but performance-related pay affects female productivity more positively than male productivity in Korean firms. It means that female workers are more sensitive to incentives than men in Korea.

A Study On The Application of RPA(Robotics Process Automation) For Productivity Of Business Documents (비즈니스 문서의 생산성 향상을 위한 RPA(Robotics Process Automation)적용방안에 대한 연구)

  • Hyun, Young Geun;Lee, Joo Yeoun
    • Journal of Digital Convergence
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    • v.17 no.9
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    • pp.199-212
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    • 2019
  • Digitalization is creating a variety of changes and innovations in our business environment. In manufacturing, robots have long been used for automation to innovate processing speed and quality. The RPA brings these innovations in manufacturing sites to the office space. The purpose of this study is to improve productivity for simple, repetitive tasks in these office space. For identify the potential of automation related to productivity improvement, I looked at the concept of business automation, and then simulated the five areas of business documentation works with agile methodology. In conclusion, I confirmed that productivity improvement of 97.3% in quality inspection and 31.7% in editorial design is possible, and examined the direction to apply to actual work. Based on these results, future study will explore the application of Intelligent Process Automation (IPA).

A Study of Production Management Application for Higher Productivity Enforcement in Korean Mining and Manufacturing Industry (생산성 향상을 위한 생산관리의 적용연구 -국내 광공업을 중심으로-)

  • 신용백
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.4 no.4
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    • pp.15-24
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    • 1981
  • The trouble of business management of the mining and manufacturing companies in Korea are constituted by that average 28.3% of production management in the worst trouble of business management from 1973 to 1980 So that Industrial productivity in Korea lower than an industrially advanced nation and then a change for the better of effective production management operations manufacturing companies are suggested by the application effects and achievement points of production management. Therefor Industrial Engineering technics is applied systematic route and the manufacturing company grow more than better its Business Physical condition for the improve productivity applied system approach for a rational product ion management system model.

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Research Productivity in Business and Economics: South Korea, 1990-2016

  • Jin, Jang C.
    • East Asian Economic Review
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    • v.23 no.1
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    • pp.89-107
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    • 2019
  • This paper ranks higher education in Korea based upon research productivity in business and economics disciplines. The number of SCI-level journal articles are tabulated using the Web of Science search engine, over the sample period from 1990 to 2016. The league table shows that many private universities dominate top-tier ranks, which is consistent with the school reputations most commonly cited by the general public in Korea. In contrast, many national universities appear in the second-tier, and their scanty performance in business and economics is in sharp contrast with our earlier findings in which national universities performed well in science and engineering fields (Jin and Kim, 2018). In addition, the ranking order in lower-ranked schools is found to be sensitive to a small change in publications, whereas the publication gap among top-tier schools is relatively large. Finally, unlike our general perception, the size of school does not matter for collaborative research. Some policy implications are discussed as a conclusion.

The Impacts of Technology Transfer on Productivity Growth of Firms based on Malmquist Productivity Index

  • Han, Jaeseung;Kwon, Youngkwan;Lee, Sang-Yong Tom
    • Asia pacific journal of information systems
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    • v.26 no.4
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    • pp.542-560
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    • 2016
  • This study determines whether or not firms can achieve high productivity growth through external technology acquisition. It also identifies the key factors affecting adopting firms' productivity growth by employing the Malmquist productivity index (MPI) methodology, which features computational ease, low data dependency, and decomposition of productivity growth into technical efficiency change and technical change. Results showed that the effects of productivity growth arising from technology transfer became stronger over time. Moreover, patent transfer guaranteed firms' productivity growth, but no evidence was found that factors such as age and size could increase productivity. Finally, cultural similarity could be another factor conditioning the effectiveness of technology transfer in the productivity of adopting firms.

A Study on the Status of Production Management & the New Model Build-up Approaching Control Technique System for Productivity Improvement in Korean Small-Medium Manufacturing Enterprises (생산성항상을 위한 중소제조기업의 생산관리 실시현황과 관리기법적응 체계모형설정)

  • 신용백
    • Journal of the Korean Professional Engineers Association
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    • v.33 no.2
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    • pp.62-67
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    • 2000
  • The trouble rank of business management of the small-medium manufacturing enterprises in Korea is constituted by that average 28.6% of production management in the worst trouble of business management from 1982 to 1999. The status of production management approaching problem is analyzed for Korean small-medium manufacturing enterprises and it us checked productivity improvement and requirement facts impede productivity improvement. It is expected to contribute much productivity improvement through a new established model of production management system and technique or tool for small-medium manufacturing enterprises in Korea.

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A Study on organizational commitment for improving productivity construction company (건설회사의 생산성 향상을 위한 조직몰입에 관한연구)

  • Kim, Do-Gyun;Kang, Kyung-sik
    • Journal of the Korea Safety Management & Science
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    • v.19 no.1
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    • pp.73-85
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    • 2017
  • This paper provides a basic organizational commitment research for the study was conducted academic research, especially acidic improvements in the construction industry for a job commitment on organizational commitment. In this paper, first results are derived for literature to study and improve productivity and derive a major cause of job involvement of construction companies based on it for critical that the rationale organization.

A Study on Impact of Privatization; Focus on Efficiency and Productivity (민영화 성과분석 -효율성과 생산성을 중심으로-)

  • Hong, Jong-Yi;Park, Kyung-Bo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.3
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    • pp.298-309
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    • 2016
  • To increase the productivity and efficiency of public enterprises, privatization has been carried out in a number of different ways. However, the change in productivity and efficiency of privatization have not been validated. Therefore, it is important to investigate the change in productivity and efficiency of privatization. In this study, the impact of privatization was analyzed using the indices of Malmquist analysis and DEA. According to the case studies in Korean privatization, there is no change in efficiency due to privatization. On the other hand, privatization influences the productivity of privatization. These results suggest that the purpose of privatization should be clarified before privatization