scholarly journals A comparative analysis of profit inefficiency and productivity convergence between Taiwanese and Chinese banks

2020 ◽  
Vol 23 (3) ◽  
pp. 193-202 ◽  
Author(s):  
Xiang Chen ◽  
Tsu-Tan Fu ◽  
Jia-Ching Juo ◽  
Ming-Miin Yu
Keyword(s):  
Productivity Growth ◽  
Jel Classification ◽  
Chinese City ◽  
Luenberger Productivity Indicator ◽  
Productivity Convergence ◽  
Proposed Model ◽  
Indicator Analysis ◽  
Chinese Banks ◽  
Production Technologies ◽  
Productivity Assessment

To insure a proper and meaningful productivity assessment of DMUs with different production technologies, this article develops a difference-based profit metafrontier Luenberger productivity indicator. Adopting the proposed model, we empirically measure the profit inefficiency and examine the profit productivity convergence for samples banks consisting of 31 Taiwanese banks and 50 Chinese city banks over 2010–2014. Empirical results show that Chinese banks perform better in profit efficiency than Taiwanese banks. While Chinese banks have better technology in profit creation than Taiwanese banks, the latter may reap much higher profit gain than the former if they can adopt the profit metafrontier. The results of the profit metafrontier Luenberger productivity indicator analysis show that both Chinese and Taiwanese banks have experienced declines in profit productivity. However, the results also indicate a divergence in productivity growth for Chinese city banks and a convergent productivity growth for Taiwanese banks. JEL CLASSIFICATION: D20, G21, P34

scholarly journals Wear Calculation for Sliding Friction Pairs

2014 ◽  
Vol 51 (2) ◽  
pp. 41-54 ◽  
Author(s):  
G. Springis ◽  
J. Rudzitis ◽  
A. Avisane ◽  
A. Leitans
Keyword(s):  
Service Life ◽  
Sliding Friction ◽  
Theoretical Calculations ◽  
Quality Level ◽  
Wear Process ◽  
Measuring Devices ◽  
Proposed Model ◽  
Wear Calculation ◽  
Production Technologies ◽  
Micro Topography

Abstract One of the principal objectives of modern production process is the improvement of quality level; this means also guaranteeing the required service life of different products and increase in their wear resistance. To perform this task, prediction of service life of fitted components is of crucial value, since with the development of production technologies and measuring devices it is possible to determine with ever increasing precision the data to be used also in analytical calculations. Having studied the prediction theories of wear process that have been developed in the course of time and can be classified into definite groups one can state that each of them has shortcomings that might strongly impair the results thus making unnecessary theoretical calculations. The proposed model for wear calculation is based on the application of theories from several branches of science to the description of 3D surface micro-topography, assessing the material’s physical and mechanical characteristics, substantiating the regularities in creation of the material particles separated during the wear process and taking into consideration definite service conditions of fittings.

scholarly journals An Analysis of Hospital Efficiency and Productivity Growth Using the Luenberger Productivity Indicator

2007 ◽  
Author(s):  
Carlos Pestana Barros ◽  
António Gomes de Menezes ◽  
José António Cabral Vieira ◽  
Nicolas Peypoch ◽  
Bernardin Solonandrasana
Keyword(s):  
Productivity Growth ◽  
Hospital Efficiency ◽  
Luenberger Productivity Indicator ◽  
Efficiency And Productivity

scholarly journals How Does Industrial Digitalization Affect Enterprise Environmental Performance?

2021 ◽  
Author(s):  
Huwei Wen ◽  
Chien-Chiang Lee ◽  
Ziyu Song
Keyword(s):  
Total Factor Productivity ◽  
Environmental Performance ◽  
Jel Classification ◽  
Factor Productivity ◽  
Production Scale ◽  
Manufacturing Enterprises ◽  
Treatment Facilities ◽  
Production Technologies ◽  
The Relationship ◽  
Technology Effects

Abstract Despite the increasing use of digital technology in industrial production, how industrial digitalization affects the environmental performance of production activities remains unclear. This research contributes to the literature on the relationship between industrial digitalization and enterprise environmental performance by employing a large sample of Chinese manufacturing enterprises. Results indicate that the environmental performance of manufacturing enterprises has been significantly improved in the process of industrial digital transformation. Structural and technology effects are the influencing mechanisms. Industrial digitalization reduces the production scale of heavy polluting enterprises and improves product innovation and green total factor productivity, but it has an insignificant effect on total factor productivity. Moreover, industrial digitalization improves enterprise environmental performance by introducing front-end cleaner production technologies, rather than by increasing pipe-end pollutant treatment facilities.JEL Classification: Q56, O13, L86

scholarly journals Measuring Efficiency and Productivity Growth of New Technology-Based Firms in Business Incubators: The Portuguese Case Study of Madan Parque

2015 ◽  
Vol 2015 ◽  
pp. 1-11 ◽  
Author(s):  
A. Grilo ◽  
J. Santos
Keyword(s):  
Productivity Growth ◽  
New Technology ◽  
Malmquist Index ◽  
Productivity Change ◽  
Business Incubators ◽  
Multiple Components ◽  
Proposed Model ◽  
New Technology Based Firms ◽  
Measuring Efficiency

Business incubators can play a major role in helping to turn a business idea into a technology-based organization that is economically efficient. However, there is a shortage in the literature regarding the efficiency evaluation and productivity evolution of the new technology-based firms (NTBFs) in the incubation scope. This study develops a model based on the data envelopment analysis (DEA) methodology, which allows the incubated NTBFs to evaluate and improve the efficiency of their management. Moreover, the Malmquist index is used to examine productivity change. The index is decomposed into multiple components to give insights into the root sources of productivity change. The proposed model was applied in a case study with 13 NTBFs incubated. From that study, we conclude that inefficient firms invest excessively in research and development (R&D), and, on average, firms have a productivity growth in the period of study.

scholarly journals Cyclical Adjustment, Capital-labor Substitution and Total Factor Productivity Convergence – East Germany After Unification

2012 ◽  
Vol 232 (4) ◽  
Author(s):  
Werner Smolny
Keyword(s):  
Panel Data ◽  
Federal Government ◽  
Total Factor Productivity ◽  
Production Function ◽  
Economic Integration ◽  
Productivity Growth ◽  
Factor Productivity ◽  
Catching Up ◽  
Productivity Convergence ◽  
East German

SummaryDespite rapid economic integration and massive help from the Federal Government East German productivity catching up faded out in the nineties. This paper presents panel-data estimates of the productivity adjustment based on a production function framework and a stylized adjustment model of the economy. The central empirical result is a decomposition of the sources of productivity growth. The estimates reveal that a large part of productivity growth in the early nineties is related to factors that were specific for that period. The fading out since the mid-nineties is attributed to the development of total factor productivity.

scholarly journals Productivity Divergence across Kansas Farms

2011 ◽  
Vol 40 (2) ◽  
pp. 282-292 ◽  
Author(s):  
Elizabeth A. Yeager ◽  
Michael R. Langemeier
Keyword(s):  
Productivity Growth ◽  
The Other ◽  
Farm Income ◽  
Continuous Data ◽  
Livestock Farm ◽  
Farm Production ◽  
Productivity Convergence ◽  
Annual Productivity ◽  
Significant Divergence ◽  
Productivity Indices

This study used 30 years of continuous data for 135 farms in Kansas to explore changes in productivity using Malmquist productivity indices (MPI). The indices were used to determine whether there was productivity convergence or divergence in Kansas farms. The results showed there was significant divergence among the farms. The average annual productivity growth was 0.50 percent; the top farms based on MPI were larger in terms of value of farm production, crop farm income, and livestock farm income and received a larger percentage of their income from oilseeds, feed grains, and swine than the other farms on average.

scholarly journals Competition and Price Wars in the U.S. Brewing Industry

2012 ◽  
Vol 7 (2) ◽  
pp. 226-240 ◽  
Author(s):  
Jayendra Gokhale ◽  
Victor J. Tremblay
Keyword(s):  
Market Power ◽  
Price Competition ◽  
Jel Classification ◽  
Brewing Industry ◽  
War Of Attrition ◽  
Price Wars ◽  
Production Technologies ◽  
The 1960S ◽  
Fierce Competition ◽  
The U.S

AbstractThe behavior of the macro or mass-production segment of the U.S. brewing industry appears to be paradoxical. Since the end of Prohibition in 1934, the number of independent brewers has continuously declined while the major national brewers, such as Anheuser-Busch, Miller, and Coors, have gained market share. In spite of this decline in the number of competitors, profits and market power have remained low in brewing. Iwasaki et al. (2008) explain this result by providing evidence that changes in marketing and production technologies favored larger brewers and forced the industry into a war of attrition, in which only a handful of firms could survive. This led to fierce competition, especially from the 1960s through the mid 1980s. Since the late 1990s, the war appears to have subsided. Thus, the purpose of this study is to determine whether price competition diminished after the mid-1990s. We find evidence that competition has diminished but not enough to substantially increase market power. (JEL Classification: D22, L11, L66)

scholarly journals Productivity Convergence and Divergence in Latin America, 1970-2014

2021 ◽  
Vol 13 (3) ◽  
pp. 315-337
Author(s):  
Christos Kollias ◽  
Panayiotis Tzeremes ◽  
Nickolaos G. Tzeremes
Keyword(s):  
Latin American ◽  
Productivity Growth ◽  
Structural Reforms ◽  
Convergence Hypothesis ◽  
Productivity Convergence ◽  
Convergence Clubs ◽  
Convergence And Divergence ◽  
Main Components ◽  
Relative Productivity ◽  
Latin American Countries

The paper examines Latin American countries’ productivity growth levels and their convergence patterns utilizing nonparametric frontier approaches. Utilizing a sample of 17 Latin American countries for the period 1970-2014 it estimates various productivity indexes alongside with their main components. Moreover a convergence analysis is conducted estimating relative productivity convergence paths. The results suggest that over the period examined, countries’ productivity growth levels have contracted. We provide evidence that the implementation of the structural reforms of the 1990s do not appear to have driven Latin American countries to higher productivity levels. Moreover, the results do not render support to the productivity convergence hypothesis. On the other hand, some support was found for countries’ technological change levels, identifying three convergence clubs.

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