Efficiency Analysis of Liner Shipping Companies in Taiwan-an Application of Data Envelopment Analysis / 國內定期航運公司營運績效之研究-應用資料包絡分析法(DEA)

碩士 / 國立交通大學 / 交通運輸研究所 / 88 / Financial assessments are usually adopted in traditional studies of the performances of shipping companies, which fails to establish a single aggregate measure and lacks information about improving performances. The present study applies DEA (Data Envelopment Analysis) method to evaluate the performance index of cost effectiveness in operating efficiency of four liner shipping companies in Taiwan. These DEA models basing on the data of 1994-1998 provide CCR efficiency, A&P efficiency, cross efficiency, and multi-objective efficiency. Furthermore, CCR efficiency is divided into pure technical efficiency (BCC efficiency) and scale efficiency. Besides the comparison of these efficiencies and the discussion about related content, the present study also performs scale analysis, multiplier analysis, slack analysis, and sensitivity analysis. Finally, the comparison of profitability and operating efficiency is conducted.
The research shows that Wan Hai Lines Ltd. is ranked first in efficiency, and then Yangming Marine Transport Corp., Evergreen Marine Corp., and Uniglory Marine Corp. in order. Average efficiency of these four companies rose from 1995 to 1997, but declined during the period of Asian financial crisis in 1998. As far as Yangming Marine Transport Crop. is concerned, its average efficiency makes progress after privatization. Efficiency tests point out that there was no significant difference between trans-ocean and intra-area liner companies. As for the scale of liner shipping companies, no decreasing case existed, and Uniglory Marine Corp. maintained increasing return to scale during 1994-1998. As a whole, the on-shore personnel should be the first input item that needs to be reduced. The comparison of profitability and operating efficiency suggests efficiency is a good indicator to illustrate profitability only in the situation that inputs and outputs can show the costs and revenues directly.

Identiferoai:union.ndltd.org:TW/088NCTU0118031
Date January 2000
CreatorsCheng-Lung Chen, 陳澄隆
ContributorsGwo-Hshiung Tzeng, 曾國雄
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format108

Page generated in 0.0014 seconds