scholarly journals A Study on the Efficiency Analysis of Global Terminal Operators Based on the Operation Characteristics

2022 ◽  
Vol 14 (1) ◽  
pp. 536
Author(s):  
Jungwaun Jeh ◽  
Jungwoo Nam ◽  
Minseop Sim ◽  
Yulseong Kim ◽  
Youngran Shin
Keyword(s):  
Technical Change ◽  
Environmental Changes ◽  
Efficiency Analysis ◽  
Container Terminals ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Efficiency Improvement ◽  
Efficient Operation ◽  
Operation Characteristics

Shipping and port industries are undergoing rapid environmental changes because of the reorganization of carrier alliances, enlargement of ships, and an increase in global uncertainty. Thus, the sustainable operation of container terminals requires a new assessment of port efficiency and measures to enhance efficient operation. Hence, we classified 21 global terminal operators (GTOs) into stevedore, carrier, and hybrid GTOs based on their operation characteristics and derived a sustainable container terminal operation method using data envelopment analysis efficiency and Malmquist productivity index analysis. The results showed that stevedore GTOs exhibited improved efficiency when the terminal infrastructure was expanded. However, the returns to scale and technical change factors in the productivity change trend decreased. Meanwhile, the objective of carrier GTOs is cost reduction, unlike stevedore and hybrid GTOs, which focus on generating profits. Consequently, carrier GTOs were the most inefficient with little intention to improve efficiency. A systematic efficiency improvement strategy through the acquisition of a terminal share was effective for hybrid GTOs. However, similar to stevedore GTOs, investment in technical change was insufficient for hybrid GTOs. The efficiency analysis we conducted for each operation characteristic is expected to provide useful basic data for establishing efficiency improvement strategies for every GTO.

scholarly journals Measuring the Productivity of Energy Consumption of Major Industries in China: A DEA-Based Method

2014 ◽  
Vol 2014 ◽  
pp. 1-12 ◽  
Author(s):  
Xishuang Han ◽  
Xiaolong Xue ◽  
Jiaoju Ge ◽  
Hengqin Wu ◽  
Chang Su
Keyword(s):  
Decision Making ◽  
Energy Consumption ◽  
Data Envelopment Analysis ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Data Envelopment ◽  
Policy Makers ◽  
Time Periods ◽  
Decision Making Units

Data envelopment analysis can be applied to measure the productivity of multiple input and output decision-making units. In addition, the data envelopment analysis-based Malmquist productivity index can be used as a tool for measuring the productivity change during different time periods. In this paper, we use an input-oriented model to measure the energy consumption productivity change from 1999 to 2008 of fourteen industry sectors in China as decision-making units. The results show that there are only four sectors that experienced effective energy consumption throughout the whole reference period. It also shows that these sectors always lie on the efficiency frontier of energy consumption as benchmarks. The other ten sectors experienced inefficiency in some two-year time periods and the productivity changes were not steady. The data envelopment analysis-based Malmquist productivity index provides a good way to measure the energy consumption and can give China's policy makers the information to promote their strategy of sustainable development.

scholarly journals Efficiency Analysis of Microfinance Institutions in Bangladesh: Does Regulation Matter?

2020 ◽  
Vol 5 (2) ◽  
Author(s):  
Farhana Ferdousi
Keyword(s):  
Efficiency Analysis ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Data Envelopment ◽  
Microfinance Institutions ◽  
Tobit Regression ◽  
Productivity Increase ◽  
Before And After ◽  
Tools And Techniques ◽  
Productive Growth

The aim of this study is to measure efficiency of various Microfinance Institutions (MFIs) in Bangladesh before and after introducing Microcredit Regulatory Authority (MRA) in order to capture the immediate impact of regulation. Data Envelopment Analysis (DEA) and Malmquist Productivity index technique have been used for this study. Findings reveal that 35% firms’ average productivity increase sharply after enacting microfinance regulation. Seven firms have been graduated from the inefficiency level to efficiency level. However, most of the firms among the increased efficiency list are comparatively young in terms of starting their microfinance operations. Result of Tobit regression does not find any significant relationship between efficiency and regulation. Due to regulation, only number of outreach increases but to ensure more productive growth, MRA needs to be more proactive in strengthening policy environment and educating MFIs to be better equipped with sound financial and managerial tools and techniques.

scholarly journals Productivity Change of Microfinance Institutions in Bosnia and Herzegovina

2019 ◽  
Vol 14 (2) ◽  
pp. 23-33
Author(s):  
Velid Efendić ◽  
Nejra Hadžiahmetović
Keyword(s):  
Total Factor Productivity ◽  
Bosnia And Herzegovina ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Microfinance Institutions ◽  
Factor Productivity ◽  
Strategic Objectives ◽  
Average Decrease ◽  
Recent Financial Crisis

Abstract The main aim of this paper is to investigate the productivity changes of microfinance institutions (MFIs) in Bosnia and Herzegovina (BiH) during and after the recent financial crisis. The study covers the period starting from 2008 until 2015. Using the Malmquist Productivity Index (MPI) over the sample of 10 MFIs and a balanced panel dataset of 80 observations, this study explores technical and technological change as well as total factor productivity (TFP) change. The empirical findings indicate a decline in TFP in most of the analyzed periods with an average decrease of 2.5%. The study reveals an average technological decline in the industry of 1.7%, while technical efficiency change is recorded at the level of -0.8%. Overall, crisis efficiency recovery occurred during the period between 2009 and 2013. However, due to technological inefficiencies, average total factor productivity change remains negative. Hence, policy makers need to enhance the technological progress in order to meet their strategic objectives in BiH MFIs.

Application of Malmquist Productivity Index in Integrated Units of Power Plant

2017 ◽  
pp. 83-137
Author(s):  
Elahe Shariatmadari Serkani ◽  
Seyed Esmaeil Najafi ◽  
Arash Nejadi
Keyword(s):  
Power Plant ◽  
Power Plants ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Precise Data ◽  
Time Period ◽  
Decision Making Unit ◽  
Time Periods ◽  
Value Of Money

The Malmquist Productivity Index (MPI) evaluates the productivity change of a Decision Making Unit (DMU) between two time periods. DEA considers performance analysis at a given point of time. Classic Malmquist Productivity Index shows regress and progress of a DMU in different periods with efficiency and technology variations without considering the present value of money. In this chapter Application of Malmquist productivity index in integrated units of power plant is discussed. Four units of one of the power plants are assessed & the data of its five successive years are supplied. Also application of Malmquist productivity index (precise data) in Safa Rolling and pipe plants for the time period of 2007 – 2012 is studied.

scholarly journals Eco-Efficiency Assessment for Some European Countries Using Slacks-Based Measure Data Envelopment Analysis

2020 ◽  
Vol 10 (5) ◽  
pp. 1760 ◽  
Author(s):  
Chia-Nan Wang ◽  
Hsien-Pin Hsu ◽  
Yen-Hui Wang ◽  
Tri-Tung Nguyen
Keyword(s):  
Data Envelopment Analysis ◽  
Poor Performance ◽  
European Countries ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Measure Data ◽  
Productivity Change ◽  
Data Envelopment ◽  
Efficiency Assessment ◽  
Energy Inputs

One problem raised by the lack of energy efficiency is the generation of more greenhouse gases (GHGs) that can cause air pollution and climate change. Ecological efficiency (eco-efficiency) means the efficiency of resources used. A poor performance from this efficiency can then be detected for further improvement. In this research, we conduct an assessment on the eco-efficiency for some European countries as they consume a large part of global energy annually. A total of 17 European countries were selected as decision making units (DMUs) and assessed by the Slacks-based measure (SBM) Data Envelopment Analysis (DEA) model. Indices including Catch-Up, Frontier-Shift, and Malmquist Productivity Index (MPI) have been used to evaluate eco-efficiency, as well as efficiency change, technological change, and productivity change, over 2013–2017. In the model, energy consumption and share of renewable energy are used as energy inputs, and labor productivity and gross capital formation are used as economy inputs. On the other hand, GDP is used as a desired output, and CO2 emissions is used as one undesired output. The experimental results show that the 17 countries as a whole lacked eco-efficiency in 2013–2017, implying more efforts are required to improve their eco-efficiency.

scholarly journals A DEA Resampling Past-Present-Future Comparative Analysis of the Food and Beverage Industry: The Case Study on Thailand vs. Vietnam

Mathematics ◽  
2020 ◽  
Vol 8 (7) ◽  
pp. 1140 ◽  
Author(s):  
Chia-Nan Wang ◽  
Minh Nhat Nguyen ◽  
Anh Luyen Le ◽  
Hector Tibo
Keyword(s):  
National Income ◽  
Value Added ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Data Envelopment ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
Research Findings

The food and beverage industry plays a significant role in the economic development of developing and emerging countries in Asia through an immense contribution to the national income, employment, value-added inducement, and foreign exchange earnings. Among the developing countries in Asia, Thailand and Vietnam have recently experienced a significant growth in the industry due to their many advantages. However, the nascent stage of this industry was found to be lacking sustainable competitiveness in both countries. Therefore, this study aims to evaluate and forecast the performance efficiency of the food and beverage industry in Thailand and Vietnam to understand how efficient the food and beverage industry to these countries is and formulate suggestions to improve their productivity in accordance with the research findings. To achieve the research objectives, the resampling method in the data envelopment analysis is applied to measure and forecast the efficiency of 20 Vietnamese companies and 20 Thailand firms over the period of 2016 to 2023. The Malmquist productivity index is deployed to calculate the efficiency change over observed periods. The results reveal that Vietnam is found to have a higher efficiency than Thailand due to the outstanding performance of one company but have performed quite poorly due to low scores in technical and productivity change. The findings of this research can give useful information and practical suggestions to improve performance for inefficient companies as well as enhance competitiveness of the efficient companies trying to operate and reach global markets.

scholarly journals The productivity development of total hip arthroplasty in Sweden: a multiple registry-based longitudinal study using the Malmquist Productivity Index

BMJ Open ◽  
2019 ◽  
Vol 9 (9) ◽  
pp. e028722
Author(s):  
Fanny Goude ◽  
Göran Garellick ◽  
Sverre A C Kittelsen ◽  
Szilard Nemes ◽  
Clas Rehnberg
Keyword(s):  
Longitudinal Study ◽  
Total Hip Arthroplasty ◽  
Hip Arthroplasty ◽  
Decision Makers ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Total Hip ◽  
Increasing Demand

ObjectiveThe increasing demand for total hip arthroplasty (THA) combined with limited resources in healthcare puts pressure on decision-makers in orthopaedics to provide the procedure at minimum costs and with good outcomes while maintaining or increasing access. The objective of this study was to analyse the development in productivity between 2005 and 2012 in the provision of THA.DesignThe study was a multiple registry-based longitudinal study.Setting and participantsThe study was conducted among 65 orthopaedic departments providing THA in Sweden from 2005 to 2012.Outcome measuresThe development in productivity was measured by Malmquist Productivity Index by relating department level total costs of THA to the number of non-cemented, hybrid and cemented THAs. We also break down the productivity change into changes in efficiency and technology.ResultsProductivity increased significantly in three periods (between 1.6% and 27.0%) and declined significantly in four periods (between 0.8% and 12.1%). Technology improved significantly in three periods (between 3.2% and 16.9%) and deteriorated significantly in two periods (between 10.2% and 12.6%). Significant progress in efficiency was achieved in two periods (ranging from 2.6% to 8.7%), whereas a significant regress was attained in one period (3.9%). For the time span as a whole, an average increase in productivity of 1.4% per year was found, where changes in efficiency contributed more to the improvement (1.1%) than did technical change (0.2%).ConclusionsWe found a slight improvement of productivity over time in the provision of THA, which was mainly driven by changes in efficiency. Further research is, however, needed where differences in quality of care and patient case mix between departments are taken into account.

Robust malmquist productivity measurement: evidence from Spanish hotel industry during the Great Recession

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nickolaos G. Tzeremes
Keyword(s):  
Great Recession ◽  
Hotel Industry ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Productivity Measurement ◽  
Content Type ◽  
Crisis Period ◽  
The Great Recession ◽  
Robust Version

PurposeThe purpose of this paper is to provide a robust version of the Malmquist Productivity Index (MPI) in order to evaluate hotels' productivity levels during the Great Recession.Design/methodology/approachBased on the order-m frontiers, we apply a robust version of an MPI. We decompose the productivity into three robust components. We use a sample of hotels operating in the Balearic Islands and Canary Islands, and we decompose and evaluate their productivity levels during the period 2004–2013. Moreover, we evaluate hotels' productivity performance during the pre-crisis period, the US subprime crisis period, the global financial crisis (GFC), the sovereign debt crisis period and the after-crisis period.FindingsOur findings show that productivity did not deteriorate due to the adverse effects of economic crisis. This is mainly driven by increased technical change and the ability to operate at optimal scales. The long-term investment in innovation policies which are related to services and processes, appear to be the dominating feature behind hotels' productivity levels, which helped the hotel industry to recover quickly from the Great Recession.Originality/valueThe vast majority of empirical studies evaluating the productivity change in the hotel industry apply MPIs which are based on data envelopment analysis (DEA). However, the productivity measurement which is based on the nonparametric framework is sensitive to sample characteristics. In order to avoid such shortcomings, we apply a robust version of the MPI.

Sign in / Sign up

Export Citation Format

Share Document