Thai manufacturing small and medium sized enterprise technical efficiency: Evidence from firm-level industrial census data

Thai manufacturing small and medium sized enterprises (SMEs) face intense competition in domestic and foreign markets. Given their importance to the economic development of the country it is important to have a clear understanding of their readiness to face the rigors of international competition, including the barriers and specific problems that they face. This study uses a stochastic frontier analysis (SFA) and technical inefficiency effects model to analyze the technical efficiency of Thai manufacturing SMEs and key factors impacting upon it. Analysis of cross-sectional data from a 2007 census of Thai manufacturing SMEs indicates that their weighted average technical efficiency is approximately 50 percent, signifying a high level of technical inefficiency which is reducing potential output. The inefficiency effects model reveals that firm size, firm age, skilled labor, ownership characteristics and location are firm-specific factors that significantly affect the technical inefficiency of production. Key measures to improve the technical efficiency of Thai manufacturing SMEs are an adequate supply of inputs, access to credit facilities, extensive infrastructural development and training programs for employees.     

中国寿险业市场结构、效率与绩效实证研究

本文使用2001~2004年的中国寿险业相关数据,对中国寿险业的市场结构、成本效率和经营绩效的相互关系进行了实证研究。目前中国寿险业是市场集中度极高的市场结构类型,这种高集中度虽然在逐渐下降,但是短时间内寡头垄断的局面并未被打破。利用SFA技术进行测定寿险公司的成本效率。市场力量假说和效率结构假说检验结果表明,我国寿险公司绩效水平主要取决于市场结构,而成本效率对寿险公司绩效水平影响为负,但并不是很显著,实证研究结论支持了市场力量假说。     

Understanding sales force automation outcomes: A managerial perspective

Despite the growing importance and potential of sales force automation (SFA), failure rates for SFA implementations have been reported to be as high as 55-80%. Given the growth of SFA programs, the potential effectiveness and efficiency SFA can bring to the sales force, and the magnitude of SFA failures, it is surprising that relatively few studies have addressed this important and timely topic. Many of the early studies have focused on the adoption and diffusion/infusion of SFA programs from an information technology perspective. The results of these studies have been inconclusive in explaining SFA implementation failures. The purpose of this study is to add to our understanding of SFA failures by investigating a broader set of implementation factors than those typically included in acceptance of technology studies. We conducted in-depth personal interviews with executives from three global organizations who were responsible for SFA initiatives in their firm. Results from the in-depth analyses yield recommendations and a proposed model to assist managers in the implementation of their SFA as well as getting their salespeople to “buy-in” to the SFA, and ultimately reduce SFA failures.     

我国物流产业效率及其影响因素的实证研究——基于中国省际数据的随机前沿生产函数分析

本文利用随机前沿生产函数测算了中国物流产业的效率,并考察了物流资源利用率、地区制度变迁、区位优势等因素对我国物流产业效率的影响。主要得出以下结论：我国物流产业效率整体不高,但处于稳步上升阶段,区域间效率差异有逐步缩小的趋势;经济发展水平、物流资源利用率、地区制度变迁、区位优势以及港口物流的重要性对地区物流效率有显著影响。     

OECD国家卫生保健系统技术效率比较研究

本文利用2000-2007年数据,采用随机前沿生产函数测量13个OECD国家卫生保健系统技术效率,发现有政府参与的医疗卫生体制要优于市场主导型的医疗卫生体制。同时,本文还简要介绍当前几种比较典型的卫生医疗体制,试图为我国医疗体制改革提出一些可借鉴的参考。     

From transition to competitionDynamic efficiency analysis of Polish electricity distribution companies1

In this paper, we test the hypothesis that the economic transition toward a market economy increases the efficiency of firms. We study 32 Polish electricity distribution companies between 1997 and 2002, by applying common benchmarking methods to the panel: the non‐parametric data envelopment analysis (DEA), the free disposal hull (FDH), and, as a parametric approach, the stochastic frontier analysis (SFA). We then measure and decompose productivity change with Malmquist indices. We find that the technical efficiency of the companies has indeed increased during the transition, while allocative efficiency has deteriorated. We also find significantly increasing returns to scale, suggesting that the regulatory authority should allow companies to merge into larger units.     

Market perception of efficiency in bank holding company mergers: the roles of the DEA and SFA models in capturing merger potential

Using the Stochastic Frontier Approach (SFA) and Data Envelope Analysis (DEA), this study examines the influence of bank efficiencies on the market assessment of bank holding company (BHC) mergers. The following two questions are addressed: (1) Is the target BHC's frontier efficiency reflected in the bidder BHC's abnormal returns? and (2) Does the difference in frontier efficiency between the bidder and/or target banks relative to their peer institutions influence the acquirer's abnormal returns? In support of the Inefficient Management Hypothesis, the findings indicate that bidder wealth effects do incorporate the target's X-efficiency as well as the difference in bidder/target efficiencies relative to their peer institutions.     

基于效率视角的步长药业核心竞争力的SFA分析

利用随机前沿法从制造力方面分析步长药业的核心竞争力,主要对随机前沿生产函数参数估计与结果进行分析,并从原材料质量,原材料价格,生产设备先进程度,制造工艺及技术及制造管理体系等方面对技术效率损失进行讨论。     

FDI技术外溢效应实证研究——以陕西省为例

通过对陕西九个行业内资和外资企业的相关数据的研究,得出陕西省外资企业对内资企业存在负的技术外溢效应,即外资企业的市场竞争不利于内资企业技术效率的提高,同时得出了陕西省内资企业增长的投入拉动效应明显的结论。进而指出了陕西省在吸引外资的过程中应该注意外资对产业发展的影响,做到理性引资,促进经济持续和协调发展。     

外资企业研发绩效的随机前沿分析

企业研发的效率与本地区的发展水平分不开.本文从研发组织的信息获取和知识转移的角度,分析地区信息化、科技水平和技术市场发展水平对区域外资研发效率的影响.以我国25个地区的外资工业企业近年数据为样本,采用随机前沿分析的方法分析地区因素对外资研发效率的影响.研究显示:外资企业在华的研发效率普遍很低;地区间研发效率值严重不平衡:地区信息化发展水平和科技实力都与本地区外资研发效率存在正相关关系;由于我国技术市场发展不成熟,实证中技术市场对外资研发效率的影响不显著.