earticle

영어

The purpose of this study analyze and measure X-inefficiency of small manufacturing industry by using the DEA(Data Envelopment Analysis) model. DEA model is non-financial approach method to measure relative efficiency by input factors and output. Generally, DEA model have used to measure efficiency of services and public sectors. But this study measure efficiency of the small manufacturing industry. This study use a sample of 1 industry from 1995 to 1997. Results of this study can be summarized as follows. First, relative efficiency is measured 71.25%. Second, test of ANOVA is measured insignificantly inefficiency. Third, financial characteristics of DEA efficiency is measured significantly the net worth turnover, net sales growth rate and total capital operating income rate in 1%. This result is expected to provide the empirical evidence useful to enhancing the competitiveness of manufacturing firms in korea.