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@article{ART001999983},
author={Yoo, Young-myung and KIM HYUNG BIN},
title={The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan},
journal={Journal of Regional Studies and Development},
issn={1738-3846},
year={2015},
volume={24},
number={1},
pages={1-35}

TY - JOUR
AU - Yoo, Young-myung
AU - KIM HYUNG BIN
TI - The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan
JO - Journal of Regional Studies and Development
PY - 2015
VL - 24
IS - 1
PB - Institute for Poverty Alleviation and International Development: IPAID
SP - 1
EP - 35
SN - 1738-3846
AB - In this study the exact efficiency analysis is previously needed in order to find ways strengthening the competitiveness of the regional distribution industry. By using data envelopment analysis(DEA) this research measures the efficiency of thirty one sectors in local distribution industry and their Malmquist productivity from 2006 to 2011. Under the assumption of CRS(constant returns to scale) and VRS(variable returns to scale), sectors' ranking of efficiency are measured. At the same time, the specific social deadweight loss was estimated by way of calculating the from inefficiencies of the individual industrial sectors in terms of monetary cost amounts. Important finding facts are as follows. In terms of average revenue and efficiency level, the gap among these 31 sectors' revenue and efficiency has been widened during the period from 2006 to 2011. This means that the polarization between industries and companies is deepening. In particular, the efficiency of red ocean-type self-employed business showing signs of high density and fierce competition prohibiting an additional subsistence establishment eubsistence entrepreneurship was continuously declining. And retail sale in non-specialized large stores shows the highest efficiency but, contrary to expectations, Malmquist Productivity Index showed a relatively low level in the total productivity and technical progress. Finally, the inefficiency scale of the local distribution industry has greatly increased from 1,547,807 million won in 2006 to 2,598,139 million won in 2011 at the rate of 67.86% in this period. In future research this estimated monetary value of inefficiency will be expected to be applied to cost-benefit analysis.
KW - distribution industry;efficiency;DEA;Malmquist ProductivityIndex
DO -
UR -
ER -

Yoo, Young-myung and KIM HYUNG BIN. (2015). The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan. Journal of Regional Studies and Development, 24(1), 1-35.

Yoo, Young-myung and KIM HYUNG BIN. 2015, "The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan", Journal of Regional Studies and Development, vol.24, no.1 pp.1-35.

Yoo, Young-myung, KIM HYUNG BIN "The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan" Journal of Regional Studies and Development 24.1 pp.1-35 (2015) : 1.

Yoo, Young-myung, KIM HYUNG BIN. The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan. 2015; 24(1), 1-35.

Yoo, Young-myung and KIM HYUNG BIN. "The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan" Journal of Regional Studies and Development 24, no.1 (2015) : 1-35.

Yoo, Young-myung; KIM HYUNG BIN. The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan. Journal of Regional Studies and Development, 24(1), 1-35.

Yoo, Young-myung; KIM HYUNG BIN. The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan. Journal of Regional Studies and Development. 2015; 24(1) 1-35.

Yoo, Young-myung, KIM HYUNG BIN. The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan. 2015; 24(1), 1-35.

Yoo, Young-myung and KIM HYUNG BIN. "The Efficiency Analysis and the Measurement of Monetary Inefficiency Value for Distribution Industry in Busan" Journal of Regional Studies and Development 24, no.1 (2015) : 1-35.