• Title/Summary/Keyword: productivity index

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Value Evaluation Model for Korean Professional Baseball Players (한국프로야구선수의 가치평가모형)

  • Oh, Taeyeon;Lee, Young Hoon
    • Journal of Labour Economics
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    • v.39 no.2
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    • pp.113-139
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    • 2016
  • The purpose of this study is to establish evaluation model that can explain marginal effects of baseball players of Korean Baseball Organization (KBO) on their team winnings in terms of productivity. We proposed econometric model with using variables that are provided from official homepage of KBO to overcome the complexity of mainly used productivity index: wins above replacement (WAR). Also, compare to the previous studies such as Scully(1974) or Krautmann(1999) that using limited indices of baseball stats, this study included 61 indices that are provided from official homepage of KBO. We estimated regression based WAR(RBWAR) by conducting panel regression with each team's statistics data of 2002 to 2014. As a results, RBWAR shows 0.869 correlation coefficient for batters and 0.882 for pitchers with WAR in 2014 that can be concluded that two indices shows similar results. From the results of estimation, we analyze the relationship between productivity and actual contract of free agent players in 2015 and it showed that teams have contracted reasonably.

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Global Competitiveness Analysis of National Defense Industry - DEA and Malmquist Production Analysis- (국내 방위산업 글로벌 경쟁력 분석 -효율성 및 생산성 중심으로-)

  • Kim, Joon-Young;Hong, Jong-Yi
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.12
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    • pp.8378-8385
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    • 2015
  • The interest of global competitiveness for national defense industry. This study analyzes the efficiency and productivity of 45 defense companies in each continent(North America, Europe and Northeast Asia, etc.), including Korea defense companies. It is analyzed by Data Envelopment Analysis(DEA) and Malmquist Productivity Analysis over the period 2009-2013(5 years). The sample companies has been selected on the data avilability among the SIPRI Top 100 arms-producing and military services companies in the world(excluding China) in 2013. It extracts the relative efficiency and Malmquist productivity index of companies and each continent. Based on the DEA and MPI results, this paper estimates the global competitiveness and position of national defense industry and extracts implication. This study can be utilized for improvement of national defense industry and policy planning for cultivating the national defense companies.

CLIMATE CHANGE IMPACT OVER INDIAN AGRICULTURE - A SPATIAL MODELING APPROACH

  • Priya, Satya;Shibasaki, Ryosuke
    • Proceedings of the KSRS Conference
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    • 1999.11a
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    • pp.107-114
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    • 1999
  • The large-scale distribution of crops Is usually determined by climate. We present the results of a climate-crop prediction based on spatial bio-physical process model approach, implemented in a GIS (Geographic Information System) environment using several regional and global agriculture-environmental databases. The model utilizes daily climate data like temperature, rainfall, solar radiation being generated stocastically by in-built model weather generator to determine the daily biomass and finally the crop yield. Crops are characterized by their specific growing period requirements, photosynthesis, respiration properties and harvesting index properties. Temperature and radiation during the growing period controls the development of each crop. The model simulates geographic/spatial distribution of climate by which a crop-growing belt can also be determined. The model takes both irrigated and non-irrigated area crop productivity into account and the potential increase in productivity by the technical means like mechanization is not considered. All the management input given at the base year 1995 was kept same for the next twenty-year changes until 2015. The simulated distributions of crops under current climatic conditions coincide largely with the current agricultural or specific crop growing regions. Simulation with assumed weather generated derived climate change scenario illustrate changes in the agricultural potential. There are large regional differences in the response across the country. The north-south and east-west regions responded differently with projected climate changes with increased and decreased productivity depending upon the crops and scenarios separately. When water was limiting or facilitating as non-irrigated and irrigated area crop-production effects of temperature rise and higher $CO_2$ levels were different depending on the crops and accordingly their production. Rise in temperature led to yield reduction in case of maize and rice whereas a gain was observed for wheat crop, doubled $CO_2$ concentration enhanced yield for all crops and their several combinations behaved differently with increase or decrease in yields. Finally, with this spatial modeling approach we succeeded in quantifying the crop productivity which may bring regional disparities under the different climatic scenarios where one region may become better off and the other may go worse off.

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Developing a Method for Diagnosing the Banking Industry (은행산업 진단방법론 개발)

  • Park, Kyung-Bo;Hong, Jong-Yi
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.1
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    • pp.255-265
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    • 2015
  • The globalization of the banking industry has highlighted the importance of the internal stability of the banks. For internal stability, the efficiency and productivity of the bank becomes more important, and the bank must be improved. To improve the efficiency and productivity, a methodology for analyzing the current state of the bank's needs was made based on the BCC of DEA and the Malmquist productivity index. This model was developed as a diagnostic method that can analyze the efficiency and productivity of the bank. As a result of the analysis, the position of the bank and the position of the model studied were similar. The BCC-Malmquist model can be applied to the other areas and provide a management strategy.

Analysis on the Efficiency and Productivity Change of Non-Life Insurance Industry between Pre-Execution and Post-Execution of Capital Market Law (자본시장통합법 시행 전후의 손해보험산업의 효율성 및 생산성 변화 분석)

  • Kang, Ho-Jung
    • The Journal of the Korea Contents Association
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    • v.11 no.12
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    • pp.403-412
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    • 2011
  • The execution of capital market law causes severe competition by promoting restructuring of financial industry. This study analyze efficiency and productivity change of the Korean Non-Life Insurance industry between pre-execution and pre-execution of capital market law using DEA model and Malmquist Index. Additionally, this study finds determinants of efficiency using tobit regression. The main results of this study can by summarized as follows. First, the efficiency with post-execution was increased comparing with pre-execution of capital market law significantly. Second, the productivity with post-execution was increased comparing with pre-execution of capital market law significantly. Third, significant determinants of technical efficiency and pure technical efficiency are weight of life planner. operation rate of assets respectively. And significant determinant of scale efficiency are firm size, operation rate of assets, weight of life planner.

Relative Efficiency and Productivity of Life Insurance Industry to Pre and Post-execution of Capital Market Law (자본시장법 시행 전·후 생명보험 산업의 상대적 효율성 및 생산성)

  • Kim, Mi-Kyoung;Park, Hee-Jung;Kang, Ho-Jung
    • The Journal of the Korea Contents Association
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    • v.14 no.8
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    • pp.394-405
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    • 2014
  • Purposes of this study are to find difference in efficiency, productivity change and determinants on efficiency of life insurance industry between pre and post-execution of capital market law on the basis of pre(2005-2008) and post-execution(2009-2012) data. Main results of this research are as follows. First, there was no significant difference of mean value for efficiency between pre and post execution of capital market law. Second, difference of mean value for malmquist index between pre and post execution of capital market law was statistically significant at 5% level. This imply increase in productivity for post-execution of capital market law. Third, one of the important determinant for efficiency was the weight of life planner in both pre and post-execution of capital market law. The weight of life planner had significant positive effect on efficiency.

A DEA and Malmquist Index Approach to Measuring Productivity and Efficiency of Korean Trucking Companies (DEA와 Malmquist 지수를 활용한 화물자동차운송업체의 효율성 및 생산성 분석에 관한 연구)

  • LEE, Young-jae;GONG, Jeong-min;JEON, Jun-woo;YEO, Gi-tae
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.91-103
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    • 2016
  • The purpose of this study is to analyze the efficiency and productivity of domestic trucking transportation companies using DEA-CCR, BCC, and Malmquist indexes. Here, we analyze the top 14 domestic trucking transportation companies, based on cargo volume. The number of freight agents, trucks, and assets are used as input variables, and cargo volumes and sales are used as output variables. The efficiency of trucking transportation companies is examined using a DEA approach, and Malmquist indexes are applied to analyze productivity. According to the DEA results, the efficiency levels of the CCR, BCC, and scales for three companies (DMU 4, 5, and 10) are 1, indicating that these companies are operated efficiently. At the same time, the Malmquist indexes show that all companies have values smaller than 1, except for the period 2012-2013, indicating that their productivity decreased. Furthermore, the TECI indexes were all larger than 1, except for the period 2012-2013, indicating that the companies are efficient. Lastly, all TCI indexes are smaller than 1, except for the period 2012-2013, indicating regressing trends.

A Study on Comparison of Development Productivity of Spring 2.5 and Seam 2.0 Based JPetStore Order System (JPetStore 주문시스템 기반으로 Spring 2.5와 Seam2.0의 개발 생산성 비교 연구)

  • Lee, Myeong-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.7
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    • pp.2610-2615
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    • 2010
  • This paper proposes an object-oriented software development guidance and an evaluation index for the productivity related to Spring 2.5 and Seam 2.0 framework. Lightweight container architecture, such as the EJB, but not heavy, to provide all of the architecture is possible. Currently in production until the lightweight container architecture, known most commonly used architecture framework is Spring and Seam. However, there is no comparison research about the performance of Spring 2.5 and Seam 2.0 framework with same identical platform. In this study, the Java Pet Store blueprint application development platform environment based on the same ordering system JPetStore Spring 2.5 and Seam 2.0 is in the design and implementation. In addition, comparison and standardization of software development productivity assessment is to provide guidance.

A study on the growth diagnosis system for tomato (토마토 생육 진단 시스템 개발에 관한 연구)

  • Lee, ChangYeol
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.12
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    • pp.8673-8678
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    • 2015
  • This study is on the development of the growth diagnosis system for tomato. We defined the key index which affect to the growth of the tomato. Using the key index, we can make a diagnosis the status of the growth and take action to tomato. The index consists of Measure Index(MI) which is used to confirm the status of the tomato using the continuous growth check and Period Index(PI) which decide to the step whether vegetation period or reproductive growth period of the tomato. The system supports MI and PI recording module using the observation diary. In case of MI, the diagnosis is the result of the comparing work with the observed data and the standard value of MI. A a result of diagnosis, the system provides the action information. The system implemented to extend to the other plants. Using the system, Farms may be expected to enhance the productivity.

Challenges in Selecting an Appropriate Heat Stress Index to Protect Workers in Hot and Humid Underground Mines

  • Roghanchi, Pedram;Kocsis, Karoly C.
    • Safety and Health at Work
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    • v.9 no.1
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    • pp.10-16
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    • 2018
  • Background: A detailed evaluation of the underground mine climate requires extensive measurements to be performed coupled to climatic modeling work. This can be labor-intensive and time-consuming, and consequently impractical for daily work comfort assessments. Therefore, a simple indicator like a heat stress index is needed to enable a quick, valid, and acceptable evaluation of underground climatic conditions on a regular basis. This can be explained by the unending quest to develop a "universal index," which has led to the proliferation of many proposed heat stress indices. Methods: The aim of this research study is to discuss the challenges in identifying and selecting an appropriate heat stress index for thermal planning and management purposes in underground mines. A method is proposed coupled to a defined strategy for selecting and recommending heat stress indices to be used in underground metal mines in the United States and worldwide based on a thermal comfort model. Results: The performance of current heat stress indices used in underground mines varies based on the climatic conditions and the level of activities. Therefore, carefully selecting or establishing an appropriate heat stress index is of paramount importance to ensure the safety, health, and increasing productivity of the underground workers. Conclusion: This method presents an important tool to assess and select the most appropriate index for certain climatic conditions to protect the underground workers from heat-related illnesses. Although complex, the method presents results that are easy to interpret and understand than any of the currently available evaluation methods.