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Productivity Analysis in Fisheries Processed Wholesale Products Using Malmquist Productivity Index

This paper estimates changes in the total factor productivity and technical efficiency change index and the technical change index using the Malmquist productivity index (MPI) in fishery-processed wholesale products over the time period spanning 2006-2008. The model considers a number of employees a...

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Bibliographic Details
Published in:Ocean and polar research 2010, Vol.32 (4), p.387-396
Main Authors: Pyo, H, Kim, J-C
Format: Article
Language:Korean
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Summary:This paper estimates changes in the total factor productivity and technical efficiency change index and the technical change index using the Malmquist productivity index (MPI) in fishery-processed wholesale products over the time period spanning 2006-2008. The model considers a number of employees and operating costs as input factors, and sales and EBIT (earnings before tax and interest) as output factors. The results demonstrate that, between 2006 and 2007, there has generally been no technical progress, although a small improvement in productivity was detected in the sales scale of 10 billion won-50 billion won. Between 2007 and 2008, there was technical progress in the majority of DMU, except within the range of 20 million won-10 billion won. Wilcoxon's rank-sum test, however, demonstrates no statistically significant differences in productivity between the two periods.
ISSN:1598-141X
2234-7313
DOI:10.4217/OPR.2010.32.4.387