scholarly journals Dual Efficiency and Productivity Analysis of Renewable Energy Alternatives of OECD Countries

2021 ◽  
Vol 13 (13) ◽  
pp. 7401
Author(s):  
Sedef E. Kara ◽  
Mustapha D. Ibrahim ◽  
Sahand Daneshvar

This paper examines the dual efficiency of bioenergy, renewable hydro energy, solar energy, wind energy, and geothermal energy for selected OECD countries through an integrated model with energy, economic, environmental, and social dimensions. Two questions are explored: Which renewable energy alternative is more dual efficient and productive? Which renewable energy alternative is best for a particular country? Data envelopment analysis (DEA) is used for the efficiency evaluation, and the global Malmquist productivity index is applied for productivity analysis. Results indicate bioenergy as the most efficient renewable energy alternative with a 20% increase in average efficiency in 2016 compared to 2012. Renewable hydro energy, wind energy, and solar energy show a 17.5%, 16%, and 11% increase, respectively. The average efficiency growth across all renewable energy alternatives signifies major advancement. Country performance in renewable energy is non-monolithic; therefore, they should customize their renewable energy portfolio accordingly to their strengths to enhance renewable energy efficiency. Renewable hydro appears to have the most positive productivity change in 2016 compared to 2012, while solar energy regressed in productivity due to its scale inefficiency. All renewable energy alternatives have relatively equal average pure efficiency change. The positive trend in efficiency and productivity provides an incentive for policy makers to pursue further development of renewable energy technologies with a focus on improving scale efficiency.

Author(s):  
Chams-Eddine Djaghballou ◽  
Mohamed Djaghballou ◽  
Mousa Larbani ◽  
Azhar Mohamad

Purpose The purpose of this study is to examine the efficiency and productivity performance of zakat funds managed by Directorates of Religious Affairs and Endowments (DRAE) in Algeria. Design/methodology/approach In this study, the authors employ data envelopment analysis and measure Malmquist Productivity Index for DRAE’s input and output data spanning from 2003 to 2013. Findings The authors find that total factor productivity has increased sharply for all zakat funds, mainly due to a technical rather than efficiency change. Further decomposition of the efficiency change into its pure technical and scale efficiency components suggests that the pure efficiency is a more important source of efficiency change than the scale efficiency component, meaning that zakat funds rely on technical aspects to gain efficiency. Originality/value The findings of this study are expected to contribute considerably to the existing knowledge on the operating performance of zakat funds in Algeria.


Al-Muzara ah ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 153-171
Author(s):  
Dede Iskandar ◽  
Noer Azam Achsani ◽  
Setiadi Djohar

Market share on Islamic Insurance is still very small compared to conventional insurance. Islamic insurance companies must be able to compete with conventional insurance in order to increase their market share. Efficiency and Productivity are factors that must be improved so that Islamic insurance can compete with conventional insurance. This study aims to analyze the level of efficiency and productivity of Islamic insurance during the 2016-2018 period. The study was conducted on 48 Islamic insurance companies consisting of 26 Islamic life insurance companies and 22 Islamic general insurance companies. Efficiency analysis use the Data Envelopment Analysis (DEA) approach and productivity analysis use the Malmquist Productivity Index (MPI). The novelty of this study, among others, involves Islamic general insurance in the productivity analysis which has not been studied so far. The results of the analysis shows that the majority of Islamic life insurance and Islamic general insurance are inefficient during the 2016-2018 period. The size of the company which represents the total assets is the factor that have a positive and significant effect on the efficiency value. The results of the productivity analysis shows that the productivity level of both sharia life insurance and general sharia insurance during the 2016-2018 period is influenced by technological change factors.


2015 ◽  
Vol 6 (1) ◽  
pp. 25-33 ◽  
Author(s):  
Joanna Baran ◽  
Aleksandra Górecka

Abstract Seaport efficiency and productivity are the critical factors for handling of goods in the international supply chains and plays an important role in trade exchange with other countries. It is important to evaluate efficiency and productivity of seaports to reflect their status and reveal their position in competitive environment. The main purpose of this article is to use Data Envelopment Analysis and Malmquist Productivity Index to measure the technical efficiency and total factor productivity of container ports. DEA analysis enables one to assess how efficiently a seaports uses the available inputs to generate a set of outputs relative to other units in the data set. This article presents the use CCR and BCC DEA model, to determine overall technical efficiency, pure technical efficiency and scale efficiency of container ports. The analysis gives a possibility to create a efficiency ranking of seaports. The study also applies the Malmquist Productivity Index (MPI), which was used to analyze changes in seaports productivity. The study indicated that technological progress had a greater impact on the change in productivity of container ports than changes in technical efficiency.


1970 ◽  
Vol 5 (1) ◽  
pp. 77
Author(s):  
Mahadzir Ismail ◽  
Saliza Sulaiman ◽  
Hasni Abdul Rahim ◽  
Nordiana Nordin

The Financial Master Plan (2001- 2010) aims to enhance the capacity of banking industry so that higher effic iency and productivity can be reaped in the future. This study seeks to determine the impact of merger on the efficiency and productivity ofcommercial banks in Malaysia for the period 1995 until 2005. The study uses a non-parametric approach, nam ely DEA (data envelopment analysis?) to estimate the efficiency scores and to construct the Malmquist productivity index. To enable this estimation, three bank inputs and outputs are used. Amongst the findings are those banks exhibit higher efficiency score after the merger and thefo reign banks are more efficient than the local banks. Productivity of the banks is calculated in both periods, before and after the merger: The results show that, it is the local banks that have improved the most after the merger. The main source of productivity is technical change or innovation. The findings support the existing policy of having larger domestic banks in term of size.


2016 ◽  
Vol 4 (7) ◽  
pp. 1718-1725
Author(s):  
BeriParfaitB. (M.Sc.) ◽  
◽  
MolemC. Sama ◽  
OfehMosesAbit (Ph.D.) ◽  
◽  
...  

2019 ◽  
pp. 243-257
Author(s):  
Aas Nurasyiah ◽  
Risa Sari Pertiwi ◽  
Faqih Adam

The efficiency and productivity of Zakat institution have widely discussed, it is an organization based on social which looks after economic disparities. Most recently, Indonesia made a standardization policy and system of zakat institution, so that the zakat institution in Indonesia can reach the same quality or higher rather than other countries. It called Zakat Core Principles. Therefore, this research will focus on the zakat institution in Indonesia and Malaysia. The purpose of this study is to measure and compare the efficiency and productivity using Data Envelopment Analysis (DEA) and Malmquist Productivity Index (MPI), which is a non-parametric and deterministic methodology for determining the relative efficiency and productivity. The result of this research shows, The first quadrant is the best efficient and productive institutions gained by zakat institution in Indonesia namely Sinergi Foundation and 3 zakat institutions in Malaysia namely Kedah, Melayu Perak, and Selangor. The second quadrant is highly productive but low efficient achieved by zakat institutions in Indonesia namely Baznas, RZ, Dompet Dhuafa and 1 zakat institution in Malaysia namely Jawhar. The third quadrant is high efficient but low productive didn’t achieve by any zakat institution in Indonesia or Malaysia. The fourth quadrant is low efficient and low productive reached by 1 zakat institution in Indonesia namely PKPU and 3 zakat institution in Malaysia namely Kelantan, PPZ and Pahang. The implication in this study is describing the position of zakat institution in Indonesia and Malaysia so that it is known which zakat institution could be a role model or benchmarking for other zakat institution.  


Mathematics ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 580
Author(s):  
Chia-Nan Wang ◽  
Hector Tibo ◽  
Hong Anh Nguyen

The automobile industry is one of the largest economies in the world, by revenue. Being one of the industries with higher employment output, this has become a major determinant of economic growth. In view of the declining automobile production after a period of continuous growth in the 2008 global auto crisis, the re-evaluation of automobile manufacturing is necessary. This study applies the Malmquist productivity index (MPI), one of the many models in the Data Envelopment Analysis (DEA), to analyze the performance of the world’s top 20 automakers over the period of 2015–2018. The researchers assessed the technical efficiency, technological progress, and the total factor productivity of global automobile manufacturers, using a variety of input and output variables which are considered to be essential financial indicators, such as total assets, shareholder’s equity, cost of revenue, operating expenses, revenue, and net income. The results show that the most productive automaker on average is Volkswagen, followed by Honda, BAIC, General Motors, and Suzuki. On the contrary, Mitsubishi and Tata Motors were the worst-performing automakers during the studied period. This study provides a general overview of the global automobile industry. This paper can be a valuable reference for car managers, policymakers, and investors, to aid their decision-making on automobile management, investment, and development. This research is also a contribution to organizational performance measurement, using the DEA Malmquist model.


2012 ◽  
Vol 2 (2) ◽  
pp. 1-35 ◽  
Author(s):  
Adel Hatami-Marbini ◽  
Madjid Tavana ◽  
Ali Emrouznejad

Health care organizations must continuously improve their productivity to sustain long-term growth and profitability. Sustainable productivity performance is mostly assumed to be a natural outcome of successful health care management. Data envelopment analysis (DEA) is a popular mathematical programming method for comparing the inputs and outputs of a set of homogenous decision making units (DMUs) by evaluating their relative efficiency. The Malmquist productivity index (MPI) is widely used for productivity analysis by relying on constructing a best practice frontier and calculating the relative performance of a DMU for different time periods. The conventional DEA requires accurate and crisp data to calculate the MPI. However, the real-world data are often imprecise and vague. In this study, the authors propose a novel productivity measurement approach in fuzzy environments with MPI. An application of the proposed approach in health care is presented to demonstrate the simplicity and efficacy of the procedures and algorithms in a hospital efficiency study conducted for a State Office of Inspector General in the United States.


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