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Measuring Efficiency of Korean Steel Industry Employing DEA

DEA 모형을 이용한 한국 철강 산업의 효율성 분석

  • Published : 2007.06.28

Abstract

The steel industry plays an important role in the entire Korean Economy. However, little empirical research has analyzed the efficiency of steel companies. The purpose of this paper is to measure and analyze their efficiency using DEA models. We evaluate the CCR and BCC efficiency and the return to scale of 28 Korean steel companies. We also provide their envelopment map and the projection, which are valuable information for inefficient companies to find benchmarking companies and to improve their efficiency.

Keywords

DEA;Steel Industry;Efficiency

Cited by

  1. A Study on the Sustainable Performance of the Steel Industry in Korea Based on SBM-DEA vol.10, pp.2, 2018, https://doi.org/10.3390/su10010173