scholarly journals Economic Efficiency of Stingless Bee Farms in Peninsular Malaysia Estimated by Data Envelopment Analysis (DEA)

2021 ◽  
Vol 29 (1) ◽  
Author(s):  
Norhidayah Che Soh ◽  
Nur Syahirah Samsuddin ◽  
Mohd Mansor Ismail
Keyword(s):  
Data Envelopment Analysis ◽  
Economic Efficiency ◽  
East Coast ◽  
Northern Region ◽  
Peninsular Malaysia ◽  
Stingless Bee ◽  
Food Sources ◽  
Data Envelopment ◽  
Important Indicator ◽  
Coast Region

The commercial stingless beekeeping industry has good economic growth potential in Malaysia, which is a tropical country rich in flora that serves as food sources for stingless bees. Local consumption of honey is increasing and its production locally can be raised to meet the demand by sustainable stingless beekeeping. An important indicator that measures the success of the industry is the economic efficiency of the farm. This study hence examined the cost efficiency (CE), technical efficiency (TE), and allocative efficiency (AE) of commercial stingless beekeeping farms in the East Coast and Northern regions of Peninsular Malaysia using Cost Data Envelopment Analysis (DEA) under the assumption of Constant Return to Scale (CRS). Interviews with 47 respondents in the East Coast region and 28 respondents in the Northern region showed that the average CE scores for the two regions were 0.291 and 0.172, respectively. TE for the East Coast region and Northern region were 0.656 and 0.385 while mean AE scores of 0.445 and 0.404 were obtained. Factors that influenced the efficiency of the farms included farmers’ years of schooling and extension officer visits. In conclusion, CE, TE, and AE of commercial stingless bee honey production in Peninsular Malaysia were fairly low, and the determinants responsible for this low efficiency is of concern. Economic efficiency in stingless beekeeping needs to be further elevated to optimise productivity.

scholarly journals The Effect of the Launch of Bitcoin Futures on the Cryptocurrency Market: An Economic Efficiency Approach

Mathematics ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 413
Author(s):  
David Vidal-Tomás ◽  
Ana M. Ibáñez ◽  
José E. Farinós
Keyword(s):  
Data Envelopment Analysis ◽  
Economic Efficiency ◽  
Data Envelopment ◽  
Trade Off ◽  
Risk Return ◽  
Malmquist Indexes

We analyze the economic efficiency of the cryptocurrency market after the launch of Bitcoin futures by means of the Data Envelopment Analysis and Malmquist Indexes. Our results show that the introduction of Bitcoin futures did not affect the economic efficiency of the cryptocurrency market. However, we observe that Bitcoin obtained the highest risk-return trade-off due to its liquidity compared to the rest of cryptocurrencies. Therefore, our paper underlines the support of investors on Bitcoin to the detriment of the rest of cryptocurrencies.

scholarly journals Economic Efficiency of the Main Oil Producing Countries in Upstream Sector in the Period 2010-2017

2021 ◽  
Vol 17 (2) ◽  
pp. 1-17
Author(s):  
José César Lenin Navarro Chávez ◽  
Odette Virginia Delfín Ortega ◽  
Enrique Guardado Ibarra
Keyword(s):  
United States ◽  
United Kingdom ◽  
Data Envelopment Analysis ◽  
United Arab Emirates ◽  
Economic Efficiency ◽  
Allocative Efficiency ◽  
Oil Industry ◽  
Data Envelopment ◽  
Economic Vulnerability ◽  
Use Of Resources

This work aims to calculate the economic efficiency of the main upstream oil producing countries in 2010-2017, using the Data Envelopment Analysis (DEA) methodology. In the begining the technical efficiency is determined, next allocative efficiency is calculated to finally obtain the economic efficiency. The countries analyzed were: United States, Russia, Canada, China, United Arab Emirates, Kuwait, Brazil, Kazakhstan, Mexico, Angola, Venezuela, Algeria, United Kingdom, Holland, France and Spain. It can be seen from the results that no country was efficient in economic terms. However, Russia had the highest levels of economic efficiency, on the opposite side, France has the lowest values in this indicator. It is recommended to establish strategies in the sector to avoid economic vulnerability in some countries. The main limitation is the availability of the data. The originality of the research consists in obtaining economic efficiency in this industry, since there are no studies with these specific characteristics. It is concluded that in terms of economic efficiency, there was no adequate use of resources in the upstream oil industry.

scholarly journals Economic efficiency of radiology wards using data envelopment analysis: Case study of Iran

Health ◽  
2014 ◽  
Vol 06 (05) ◽  
pp. 311-316 ◽  
Author(s):  
Ali Keshtkaran ◽  
Mohsen Barouni ◽  
Ramin Ravangard ◽  
Mohammad Yandrani
Keyword(s):  
Data Envelopment Analysis ◽  
Economic Efficiency ◽  
Data Envelopment ◽  
Using Data

Kecekapan Teknik Firma Usahawan Melayu Dalam Sektor Perkhidmatan

2012 ◽  
Author(s):  
Noorasiah Sulaiman ◽  
Rahmah Ismail
Keyword(s):  
Data Envelopment Analysis ◽  
Technical Efficiency ◽  
Marketing Channel ◽  
Efficiency Score ◽  
Peninsular Malaysia ◽  
Computer Usage ◽  
Data Envelopment ◽  
Skilled Workers ◽  
Services Sector ◽  
The Government

Kewujudan usahawan Melayu adalah selaras dengan dasar kerajaan untuk mewujudkan Masyarakat Perdagangan dan Perindustrian Bumiputera (MPPB), yang telah diberi penekanan dalam tempoh Dasar Ekonomi Baru (DEB), 1971–1990. Usahawan Melayu merupakan komponen terbesar usahawan Bumiputera. Walaupun banyak kelebihan dan kemudahan yang diperolehi usahawan Melayu, terutamanya dari pihak kerajaan, kebanyakan mereka masih lagi beroperasi pada tahap yang kurang cekap. Usahawan Melayu dikatakan sering menghadapi masalah dalam menjalankan perniagaan seperti kekurangan modal, kekurangan kemahiran, menggunakan teknologi lapuk dan saluran pemasaran yang terhad. Artikel ini bertujuan mengukur kecekapan teknik 294 firma perkhidmatan milik usahawan Melayu yang telah ditemubual menggunakan borang soal selidik pada 2001/2002 di seluruh Semenanjung Malaysia. Mereka terlibat dalam pelbagai aktiviti perkhidmatan yang boleh dikategorikan kepada empat subsektor yang besar. Dalam mengukur kecekapan teknik, kaedah Data Envelopment Analysis (DEA) digunakan. Selanjutnya artikel ini bertujuan mengenal pasti faktor penentu tahap kecekapan teknik. Bagi tujuan ini, tahap kecekapan teknik dianggarkan terhadap pemboleh ubah bebas seperti tahap pendidikan pengusaha, penggunaan komputer, saiz firma, peratus perbelanjaan latihan dan peratus perbelanjaan penyelidikan dan pembangunan menggunakan pendekatan model Tobit. Kajian mendapati kebanyakan firma perkhidmatan Melayu beroperasi pada tahap kecekapan yang masih rendah. Selanjutnya kajian ini mendapati tahap penggunaan komputer adalah faktor penentu penting tahap kecekapan teknik firma perkhidmatan milik usahawan Melayu ini. Kata kunci: Data Envelopment Analysis, kecekapan teknik, skor kecekapan, usahawan Melayu, sektor perkhidmatan The emergence of Malay entrepreneurs is in tandem with government policy to create Bumiputera Commerce and Industrial Community (BCIC), which had been emphasized during the New Economic Policy (NEP), 1971–1990. The Malays form major component of Bumiputera entrepreneurs. Despite of many privileges received by the Malay entrepreneurs, especially from the government, they are still less efficient. The Malay entrepreneurs have more frequently encountered problems such as lack of fund, lack of skilled workers, obsolete technology and limited marketing channel. This paper attempts to measure technical efficiency of 294 Malay firms in the services sector surveyed in 2001/2002 in Peninsular Malaysia. They were involved in several types of services industries which can be categorized into four large subsectors. This study adopts Data Envelopment Analysis (DEA) in measuring technical efficiency. Further, this paper aims to examine the determinants of efficiency by estimating level of technical efficiency as a function of entrepreneursí education level, level of computer utilization, firm size, percentage of training expenditure and research and development expenditure. The estimation used Tobit Model. The results from this study show that the majority of Malay firms are still less efficient. Further, the result shows that computer usage is an important determinant of level of efficiency for the Malay firms in the services sector. Key words: Data Envelopment Analysis, technical efficiency, efficiency score, Malay entrepreneur, services sector

scholarly journals Statistical Verification of Numerical Weather Prediction (NWP) for Rainfall Estimation in the East Coast Region

2018 ◽  
Vol 7 (3.11) ◽  
pp. 168
Author(s):  
Aisar Ashra M. Ashri ◽  
Wardah Tahir ◽  
Nurul Syahira M. Harmay ◽  
Intan Shafeenar A. Mohtar ◽  
Sazali Osman ◽  
...  
Keyword(s):  
Numerical Weather Prediction ◽  
East Coast ◽  
Weather Prediction ◽  
Peninsular Malaysia ◽  
Probability Of Detection ◽  
Rainfall Data ◽  
Precipitation Forecast ◽  
Mitigation Measures ◽  
Numerical Weather ◽  
Coast Region

Intense hydrological event such as floods are increasing lately especially in Peninsular Malaysia. Therefore, it is important to forecast the intense rainfall as part of flood preparedness and mitigation measures. In this study, Numerical Weather Prediction (NWP) model precipitation outputs using Weather Research and Forecasting (WRF) with horizontal resolution of 3 km have been validated against observed rainfall data measurements for its performance measurement. Forecasted rainfall event data of three (3) states in the East Coast Region; Kelantan, Terengganu and Pahang were evaluated and compared with the observed rainfall data before statistically verifying their accuracy using False Alarm Ratio (FAR) and Probability of Detection (POD). The results indicate a very promising potential of the models in producing quantitative precipitation forecast (QPF) for flood forecasting purpose in Kelantan, Terengganu and Pahang. Since these three states, which are located in the East Coast region of Peninsular Malaysia experienced annual flood event, accurate forecast rainfall data can be used to improve forecast information for flood indicator.   

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