• Title/Summary/Keyword: malmquist productivity index

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A Trend Analysis on Scale Efficiency of the Port of Gwangyang: 1994-2004 (광양항의 규모효율성 추세분석: 1994-2004)

  • Park, Ro-Kyung
    • Journal of Korea Port Economic Association
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    • v.22 no.3
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    • pp.59-78
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    • 2006
  • The purpose of this paper is to analyze the trend on scale efficiency of the Port of Gwangyang from 1994 to 2004 using CCR, BCC, and Malmquist index approaches. The main results are as follows. first, scale efficiency shows a 50% similar [5(94/95, 95/96, 97/98, 2001/2002, 2003/2004) out of 10] pattern to technical efficiency change. Second, total factor productivity increased at 48.57% rate of growth on average in 6 out of 10 periods except 96/97, 97/98, 99/2000, and 2000/2001. 2003/2004 period is the one period experiencing rapid total factor productivity changes, mainly due to technical progress. Third, the ranking order of accumulative indices is scale efficiency change, TFP change, efficiency change, technical change, and pure efficiency change. The main policy implication of this paper is that according to the CCR, BCC, and Malmquist results, the Port of Gwangyang should develop the plan for enhancing the 5 Malmquist indices with following the management way of benchmarking ports.

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Comparative Analysis on Efficiency and Productivity for Korea, Japan and Global Parcel Delivery Companies (한국, 일본, 글로벌 택배기업의 효율성 및 생산성 비교 분석)

  • Ma, Jin-Hee;Ahn, Young-Hyo
    • Journal of Distribution Science
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    • v.14 no.3
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    • pp.73-83
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    • 2016
  • Purpose - The parcel delivery service(courier) industry all over the world has been expanding its market so far, but its growth has been declining in recent years. In this situation, most parcel delivery companies are having trouble with managing themselves because of the pressure from the customer to increase service level and decrease the rate. The purpose of this study is to provide ways to improve competitive advantages of the parcel delivery service industry by evaluating the multi-period operating efficiency of Korea, Japan and global service providers. Research design, data, and methodology - The data for the period of 2011 to 2014 were collected from the annual reports published by parcel delivery companies. In this study, we analyze the marketability (revenue), profitability (operating profits), and management conditions (net profits) of parcel service companies by combining information on human resources (number of employees) and material resources (total assets and equity). Therefore, the number of employees, total assets, and equity are selected as input variables, and revenue, operating profits, and net profits as the output variables. In this study, DEA (Data Envelopment Analysis) is used to measure the comparative efficiency and MPI (Malmquist Productivity Index) is used to analyze the trend of change of the efficiency for a multi-year period. Results - The operational efficiency scores of medium-sized parcel delivery companies in Korea are higher than other larger competitors such as Korean, Japan and Global larger companies. As of 2014, Logen(1.878) was found to be the most efficient parcel delivery enterprise, followed by KGB (1.224), and Kyoungdong(1.002). Otherwise, Hanjin(0.235), CJ(0.262), Hyundai Logistics(0.657), DHL(0.611), UPS(0.766), FedEx(0.498), TNT(0.350), Yamato(0.762) and Sagawa(0.520), larger sized companies, were done inefficiently. The productivity of parcel delivery companies is influenced by endogenous factors as well as exogenous ones such as changes in business environment and technological advances. Conclusions - Korean medium-sized companies have relatively high efficiency scores in operation. That is why they still survive the competitive market in Korea where market restructuring on the industry has been expected to be conducted for many years. The reason why medium-sized couriers had higher efficient scores than larger couriers is that most of couriers spend more operating expenses versus unit price of delivery which is the amount of money that is needed in order to send a package by parcel service. So the delivery unit price must be taken into account by all the expenses associated with the cost of fuel, labor and maintenance expenses for facilities, etc. therefore, the unit price must be increased to strengthen business competitive power. In order for the industry to have more competitive advantage, the companies need to make profits by increasing demand volume and raising the delivery rate to provide high-quality delivery service to customers. And both endogenous and exogenous change must take precedence in order to strengthen their competitiveness.

A Study on Port Efficiency in the Russian Arctic as a Key Factor for Trade Growth in the Northern Sea Route (북극항로 무역 성장을 위한 러시아 북극의 항만 효율화에 관한 연구)

  • Ilana Zakharova;Hyang-Sook Lee
    • Korea Trade Review
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    • v.48 no.4
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    • pp.121-148
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    • 2023
  • The rapid melting of Arctic sea ice has increased interest in the Northern Sea Route (NSR) as a viable alternative trade route between Europe and Asia. While extensive research has examined its competitiveness in terms of technical feasibility, safety, profitability, and environmental impact, the topic of the NSR ports remains relatively underrepresented in the literature. Hence, this study aims to contribute to the existing research by assessing the efficiency of 17 NSR ports to gain insights into their operations and identify areas for improvement using models of Data Envelopment Analysis(DEA). The obtained results show that efficient ports mainly belong to the western NSR region, with ports like Murmansk and Varandei consistently demonstrating high efficiency and constant returns to scale. Several ports, such as Onega, Arkhangelsk, Naryan-Mar, and Khatanga, showed inefficiencies in the utilization of berths and quay lengths. The findings not only contribute to academic knowledge but also offer practical implications for NSR port authorities, assisting them in making well-informed decisions regarding infrastructure development plans.

The Change of Tourism Industry Efficiency in Heilongjiang Province under the Background of Northeast Revitalization Strategy (동북진흥전략 배경하에서 흑룡강성 관광산업의 효율성 변화)

  • Lei Wang;Gi young Chung
    • Industry Promotion Research
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    • v.9 no.3
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    • pp.295-309
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    • 2024
  • With the implementation of the Northeast Revitalization Strategy, the tourism industry in Heilongjiang Province had an increasingly greater impact on regional economic development. Based on the tourism panel data of Heilongjiang Province from 2005 to 2021, this paper used DEA-BCC and Malmquist Index to analyze the static and dynamic changes of the tourism industry.The results of the study were as follows: (1) Static: The OE value reached strong DEA effectiveness in 2010, 2013, and 2019, indicated that tourism resources had been fully utilized. The SE value changed dramatically between 0.354 and 1, and the PTE value approached 1. OE was mainly affected by SE changes. (2) Dynamic: The total factor productivity (TFP) was overall greater than 1 and grew at an average annual rate of 13.8%. The variation in TFP was primarily influenced by the index of technological progress, indicated that the tourism industry in Heilongjiang Province made full use of technology for resource development, with a relatively high level of development efficiency. Therefore, the future focus of Heilongjiang Province's tourism industry will be on adjustments in industrial scale, technological innovation, and policy optimization.

An Analysis of Operational Efficiency and Productivity for deep-sea fishing vessels in the North Pacific Ocean (북태평양 조업선박의 운영 효율성 및 생산성 분석)

  • Cho, Wooyoun;Jo, Geonsik;Yeo, Gitae
    • Journal of Korea Port Economic Association
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    • v.30 no.2
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    • pp.113-132
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    • 2014
  • With the global warming phenomenon, the deep sea water area that fishing vessels can enter and operate is ever widening. For example, the Arctic Ocean recently has overall competitive advantages due to having many deep-sea fish stocks. The North Pacific region is a strategic coastal district, the closest access point of Arctic Ocean. For Korean fishing vessels which now operate in North Pacific region, and want to entry the Arctic Ocean, the analysis of technical efficiency is needed for preparing the better industry's future. This paper aims to analyze the relative efficiency, and select the low effective deep-sea fishing vessels in the North Pacific, and to suggest their desirables strategies. As a research methodology, Data Envelopment Analysis (DEA) and Malmquist Index are applied to 16 fishing vessels for the periods(2009 to 2013). To draw out the efficiency of targeted deep-sea fishing vessels, gross tons, horsepowers, and operating days are used as input variables while total catch stands for an output variable. As a result, CCR efficiency, BCC efficiency and scalability efficiency are measured to be 0.8405, 0.9484 and 0.8858 respectively for 5 years (2009 to 2013). In conclusion, 38% of total tons, 36% of horsepowers and 29% of operating days each fishing vessel should be reduced to keep their competitive powers.

A Study on Source of Total Factor Productivity Growth of Trade Ports in Korea (한국무역항만 총요소생산성 증가의 원동력에 관한 연구)

  • Huo, Yan;Jin, Han-Xin;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.183-190
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    • 2010
  • This paper selects length of berth, area of yard, unloading capacity and number of berth as the input indexes, and cargo turnover as output index to research the source of TFP(Total Factor Productivity) growth of 23 main ports in Korea. The major conclusions are as follows. The TFP of the trade ports in Korea is at the fluctuating stage, but it generally displays a rising trend, and it’s growth originate from the growth of technical efficiency. The Growth rates of TFP of trade ports in the different areas are different, and the sources of growth are also different, but the changing trends are basically the same. Four major factors to the increase of TFP are following: competition between ports, reform of property system, harbor-hinterland economic and international trade, modeling, imitation and innovation in management, technology and system.

Analyzing Efficiency of Korean Automobile Ports (국내 자동차부두 효율성 분석에 관한 연구)

  • Seo, Jeong Ho;Gong, Jeong Min;Nam, Tae Hyun;Yeo, Gi Tae
    • Journal of Navigation and Port Research
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    • v.41 no.3
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    • pp.127-136
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    • 2017
  • The aim of this study is using DEA-CCR, BCC, and Malmquist analysis to determine the efficiency and productivity of Korean automobile ports. We analyzed eight Korean automobile port terminals, using the number of workers and size of ports as input variables and the number of processed car as output variables. An efficiency analysis of the eight automobile port terminals for the four-year span from 2013 to 2016 revealed efficiency levels of 1 for the CCR, BCC, and the scales for Ulsan port and the Gwangyang port terminal, indicating efficient operation of the terminals. As a result of benchmarking analysis, Gunsan port 1, 2 terminal, Incheon port, Pyeongtaek Dangjin 2 terminal should benchmark Busan Port and Ulsan Port. Conversely, Malmquist analysis showed a slight increase in the production volume from 2013 to 2015, but a decline to 1 or less from 2015 to 2016. In the case of TECI the technology was confirmed as effective at 1 or more from 2014 to 2015. The TCI value was 0.87 for the period from 2015 to 2016. During this period, the TCI index of all terminals was less than 1.

An Efficiency Analysis of Science and Technology Budget in Provinces and Autonomous Regions in China (중국 성시 및 자치구 과학기술 예산활용 효율성 분석에 관한 연구)

  • Chao, Na;Jeon, Jun-Woo;Kim, Hyung-Ho
    • Journal of Digital Convergence
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    • v.17 no.12
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    • pp.129-137
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    • 2019
  • The purpose of this study is to analyze the efficiency of budget utilization of science and technology by the Chinese autonomous province and to present the direction of improvement. Data were obtained from the 2013-2017 statistical yearbook of higher education published by the Ministry of Education of China, and efficiency was analyzed using the malmquist analysis method. The analysis found that the low technological progress caused changes in the productivity MPI index, and that cities affected by technological efficiency needed to improve internal factors such as internal coordination and restructuring of universities in the region to increase efficiency. And it was found that areas affected by technological change needed proper response to external factors such as government policy, economic environment, social environment or technological development. This study is meaningful in that it presented reference data in enhancing efficiency of budget utilization of science and technology by autonomy of China, and it is necessary to establish strategies and study essential factors to increase efficiency of inefficient areas in the future.

A Productivity Analysis of Service Sector of the Southeast Region of Korea (한국 동남권 지역의 서비스산업 생산성 분석)

  • Park, Chang-Suh
    • Journal of the Economic Geographical Society of Korea
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    • v.9 no.2
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    • pp.181-196
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    • 2006
  • This study analyzed the inter-regional productivity performance of Southeast region of Korea, namely, Busan, Daegu, Ulsan, Gyeongbuk, and Gyeongnam for 16 service sectors, which are categorized by two groups, knowledge based service (5 sectors) and non-knowledge based one (11 sectors) for the period of 1997-2004. This study applied the method of Malmquist productivity change index(MPI) to the estimation of spatial productivity. According to the estimation results, firstly, the MPI of service sector has been deteriorated by annually 0.1% on average. However, when we divided the period into 1997-2000 and 2001-2004, the productivity performances of the second period was better than that of the first period, which are the same trend in knowledge based and non-knowledge based service sectors. Secondly, comparing productivity performances by region and sector during the whole period, Daegu has seven sectors which are relatively comparative advantage. and Ulsan and Busan have six and five sectors, respectively, which are relatively comparative advantage.

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The Analysis of Efficiency and Productivity of the Quality of Global Automobile Brands from the Customer's Perspective: Luxury vs. Mainstream Brand (고객의 관점에서 바라본 글로벌 자동차 브랜드 품질의 효율성 및 생산성 분석: 고급 vs. 일반 브랜드)

  • Kim, Hyun Jung;Kim, Changhee;Choi, Kangwha
    • Journal of Korean Society for Quality Management
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    • v.44 no.4
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    • pp.771-784
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    • 2016
  • Purpose: The purpose of this study is to analyze the efficiency and productivity of the quality by integrating the product quality and service quality of global automobile brands from the customer's perspective. Methods: In this study, the data from JD Power and GoodCarBadCar.net were used to analyze the efficiency and productivity of a total of 24 automobile brands (10 luxury brands and 14 mainstream brands) between 2009 and 2013. For this, DEA (Data Envelopment Analysis) and MPI (Malmquist Productivity Index) were used. Results: The mean efficiency of the quality of global automobile brands were 0.725 for luxury brands and 0.587 for mainstream brands, which suggests generally higher efficiency for luxury brands. The productivity of the quality of global automobile brands increased by 16.1% for luxury brands while it decreased by 3.1% for mainstream brands. Conclusion: The study provides a theoretical implication in that it emphasized the efficiency of the quality viewed from the customer's perspective, and investigated the quality of the product and that of service in an integrative manner. In addition, this study provides also a practical implication in that it suggests how to set the sales goal by the brand and how to manage according to the characteristics of the brand to the managers of automobile manufacturers.