• Title/Summary/Keyword: productivity changes

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The estimation of the productivity in adjacent water fisheries (연근해어업 업종별 생산성 추정에 관한 연구)

  • Park, Cheol-Hyung
    • The Journal of Fisheries Business Administration
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    • v.45 no.1
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    • pp.63-77
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    • 2014
  • This study is to estimate the recent changes in total factor productivity of 15 Korean adjacent water fisheries based on Malmquist productivity indices. The study adopted both input and output oriented productivity measures utilizing a hyperbola distance function. In addition to this point, the study also calculated the 95% confidence interval for the various components of the productivities in order to access the statistical significance of estimates using 2000 times of re-sampling process through the smoothed bootstraping. The results of the study showed us that there was 18% reduction in the overall total factor productivity during the study period from 2007 to 2011, which turned out to be 5% of annual decrease in productivity. The study found that the main reason of this decrease in total productivity is about 22% downward shift of a fisheries production function due to recent conditions of a devastated fishing ground. When we evaluated the statistical significance of changes in technical efficiency combining both pure technical and scale efficiency based on the 95% confidence intervals, we could not find any evidence of changes in those components of total factor productivity. When we accessed the productivity of the each of 15 adjacent water fisheries methods, only the large danish seine fisheries showed us about 7% increase in productivity. Even though the large trawling and the large tow-boat trawling revealed no changes in productivity, all of the other 12 fisheries suffered the decreases in productivities.

Analysis of Efficiency and Productivity Changes for Mail Centers Using DEA-Window Analysis and Malmquist Productivity Index (DEA-Window 분석 및 Malmquist 생산성지수를 사용한 우편집중국 효율성 및 생산성 변화 분석)

  • Lee, Jae-Seol;Goh, Hyun-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.4
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    • pp.79-86
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    • 2009
  • The purpose of this paper is to analyze the 24 mail center's efficiency and productivity changes from first quarter to fourth quarter of 2008 using window analysis and Malmquist productivity index. Row views of window analysis results make it possible to determine trends and/or observed behavior with the same data set, and column views to examine the stability of results across different data sets. Malmquist productivity indexes greater than unity translate into improvements in productivity, and less than unity mean deterioration in performance over time. The results of this study suggest that DEA models under dynamic situations such as window analysis and Malmquist productivity index enable us to comprehend the efficiency and productivity changes over time and to show the direction of improvements.

Analysis on Efficiency and Productivity Changes of Regional Public Hospitals in Korea with Data Envelopment Analysis/Window and Global Malmquist Indices Models (Data Envelopment Analysis/Window 모형과 Global Malmquist 생산성지수 모형을 이용한 지방의료원의 효율성과 생산성 변화 분석)

  • Yang, Dong Hyun
    • Health Policy and Management
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    • v.23 no.1
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    • pp.78-89
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    • 2013
  • This study empirically analyze efficiency and productivity changes of public hospitals of Korea using data envelopment analysis/Window model and global Malmquist indices model. We use the ten-year data from 2001 to 2010 of 30 regional public hospitals listed database from the Association of Korean Regional Public Hospitals. The main focuses are to reveal whether the technical inefficiency are improved as time goes by, and efficiency and productivity are affected by environmental factors. The results can be summarized as follows. First, the efficiencies of public hospitals rise in trend as time passes. Second, regional public hospitals show the different average efficiencies according to their regional type, hospital type, operational type, medicaid type, and demand and supply conditions by Mann-Whitney U-tests. Third, technical efficiency changes mainly contribute to 4.4% annual average growth rate of productivity of regional public hospitals during that period. Our findings have some policy implications. It is confirmed that there exist some environmental inefficiencies, and those inefficiencies can not be overcome through just improving the inner management system. Thus, policy and institutional changes are necessary for regional public hospitals to improve efficiency and productivity overall.

The Effect of Demographic Changes on the Growth Potential of Korea (인구구조 변화가 성장 잠재력에 미치는 영향)

  • Joo, Sangyeong;Hyun, Jun Seog
    • Analyses & Alternatives
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    • v.4 no.2
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    • pp.71-102
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    • 2020
  • This study analyzes the effect of demographic changes on economic growth. We use the supply-side output identity to forecast the growth potential of the Korean economy. According to the results, even based on optimistic assumptions and prospects, the economic growth rate is likely to fall drastically starting in 2020. Of course, to maintain growth potential, efforts to increase productivity are necessary. However, given the historical experience of developed countries, it is not clear whether the huge trend of demographic change can be offset by efforts to increase productivity. In the so-called '30-50 club' countries, both labor productivity and growth rate tend to fall after reaching the per capita income of $30,000. The degree of decline in the growth rate is closely related to changes in the working age population and the prime-age workforce. The results are similar when tracking the path of changes in total factor productivities of the economy. When a certain level of income is reached, the increase in total factor productivity also tends to slow down. The ripple effects of rapid changes in demographics will indeed be extensive. The negative impact is likely to be concentrated at a time when the working age population, the prime-age workforce, and the total population shrink simultaneously. Above all, it is necessary to use the government's fiscal space to block the possibility of a rapid fall in the growth rate. In addition, it is important to continuously implement various reform tasks that should be promoted, such as improving the education system and strengthening the social safety net.

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A Study on Change of the Productivity of Global Shipping Companies (글로벌 해운기업의 생산성 변화에 관한 연구)

  • KIM, Sung-Kuk
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.66
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    • pp.263-284
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    • 2015
  • This study has analyzed the efficiency of 10 leading global shipping companies listed in the New York Stock Exchange from2010 to 2014 in order to find the changes of the productivity of shipping industry. The paper observed the Malmquist Productivity Index by using Efficiency and Productivity Analysis System Version 1.0. The data used in this study is the Guggenheim Shipping ETF mainly including the companies of shipping, management, and shipbuilding areas. The results from this statistical analysis indicate that the 10 selected companies have experienced a severely negative growth in 2010. Nevertheless, these companies have accomplished a significant growth of productivity. In particular, the energy transport companies operating Tanker and LNG ships carried out remarkable growth. The reason why the productivity of liner shipping companies did not show the improvement of productivity for five years was attributed to the fact that the P3(Project 3) or M2(Maersk-MSC) including Maersk, MSC, and CMA-CGM were excluded in this research because of the difficulty of attaining reliable source data. The method of this study could be extended to Korean shipping corporations and other global airlines to investigate a changes of certain industries.

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Packaging and Packaging Management for Productivity Improvement in Korea (생산성 향상을 위한 포장과 포장관리)

  • 김용진
    • Journal of the Korean Professional Engineers Association
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    • v.32 no.6
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    • pp.55-59
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    • 1999
  • It is very important moments to look revolutionary changes on the whole industries in the upcoming new millennium. Traditionally, packaging was differentiated from design, production, and quality test in improving productivity. Therefore packaging concept should be updated as the time changes. For the productivity improvement, Packaging should be regarded as the value added goods and changed with leading edge technologies to meet various market needs due to its complex faces based on econo-environmental nature.

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The Shift to the Service Economy and the Characteristic of the Structural Change since Financial Crisis in Korea -Focused on the Analysis of Manufacturing and Service Industry using Productivity Decomposition Methodology and International Comparison- (외환위기 이후 한국경제의 서비스화와 구조변화의 특징 - 생산성 분해를 통한 제조업과 서비스업 업종별 분석과 국제비교를 중심으로 -)

  • Ban, Ga Woon
    • Journal of Labour Economics
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    • v.33 no.1
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    • pp.85-107
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    • 2010
  • In this article, since the financial crisis, Korean employment movement to service market, productivity gap between manufacturing and service industry was significant compared with other countries. The results from productivity decomposition show that negative structural changes, which employment increase is contrary to the productivity, have been intensified since the financial crisis. It is caused from a different developing pattern. While the proportion of employment was reduced, productivity has improved in manufacturing industry. While the developing was due to the high increase of the employment proportion in service industry, productivity was not improved significantly. This tendency is clearly revealed in international comparisons. In Korea the negative trend of structural changes in service industry are intensified compared to manufacturing industry after the financial crisis.

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Workload and Productivity during Work from Home (WFH) for the Construction Workforce

  • Wu, Hongyue;Chen, Yunfeng
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.492-499
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    • 2022
  • A large number of employees shifted to Work from home (WFH) due to the COVID-19 pandemic, including the construction workforce. The changes in workload and productivity due to WFH impact the work performance and economic outputs of companies. However, there are mixed results about the impacts of WFH on workload and productivity. In particular, limited studies focused on specific types of work of different occupations in the construction workforce. This study aims to explore the impacts of WFH on workload and productivity considering different types of work for the construction workforce in the U.S. After identifying three main occupations and five types of work, an online survey (N = 69) was distributed. Descriptive analysis showed that participants had less workload (0.82 hours/week) and lower productivity (9.69%) during WFH. Three occupations had varied changes due to the different types of work. Analysis of Variance (ANOVA) indicated that there was no significant difference in workload, while productivity was decreased during WFH. In particular, the productivity of project-related work and communication and documentation decreased significantly. Overall, participants finished 2.85% less workload per week during WFH. The findings provide an insight into WFH in the construction workforce, which improves future remote or hybrid work arrangements in the construction industry.

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Alternative improvement policies of the value-added productivity in the manufacturing firms (제조업을 위한 부가가치생산성의 향상방안)

  • 유인선
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.41
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    • pp.243-254
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    • 1997
  • The fast changes of business environment make the enterprise filled with many problems which have to be solved. Productivity is a measure of the organizational performance, especially in manufacturing activities. The purpose of this paper is to measure the value-added productivity of the firms, to identify the characteristics and the relationship between key variables which affect the value-added productivity and also to study the alternative policies of productivity improvement elements which increase productivity effectiveness.

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Vertical Distribution of Biogenic Elements and its Implication on Holocene Paleoclimatic Records in the Maxwell Bay of the South Shetland Islands, West Antarctica

  • Kim, Dong-Seon;Park, Byong-Kwon;Yoon, Ho-Il
    • Journal of the korean society of oceanography
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    • v.32 no.2
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    • pp.69-74
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    • 1997
  • Depth profiles of organic carbon (C), biogenic silica (Si), and inorganic phosphorus (P) in Maxwell bay sediments were determined to investigate paleoclimatic changes during Holocene. Organic C and biogenic Si contents generally show a down-core decrease trend, which appears to be mostly controlled by their vertical fluxes through productivity in the surface waters, but it is uncertain that inorganic P contents are directly influenced by productivity changes with time. Before 4000 yr B.p. marine productivity seemed to be almost zero because ice permanently covered the surface waters of the study area. As the climate started to become relatively warm at 4000 yr B.p., ice was sporadically melted in the surface waters and thereby marine productivity gradually increased until 1500 yr B.p. For the last 1500 year, marine productivity must be high enough to overcome the dilution by high terrigenous sedimentation, thus that period was the warmest during the last 6000 year.

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