Efficiency Analysis of Agricultural Corporations with and without Technology Transfer : Focusing on Rise Cake Manufacturing Technology Developed by RDA
2021
Hwang, E.U. | Song, Y.C. | Seo, S.T.
Economic outcomes of agricultural corporations in Korea have been deteriorated while agricultural technology have been increasingly commercialized. Thus, it is important to check the difference of technical efficiency of agricultural corporations with and without technology transfer. This study aimed to check the difference using output oriented CCR model and BCC model based on Data Envelopment Analysis (DEA) and suggested output levels attainable to reference corporation. For the study, we selected 14 agricultural corporations with and without technology transfer, respectively. Results showed that technical efficiency of agricultural corporation under CCR model was 0.906 with technology transfer and 0.791 without technology transfer. Pure technical efficiency under BCC model was 0.972 with technology transfer and 0.897 without technology transfer. In both models, the former was slightly higher than the latter and significant statistical difference was found. This study contributed to the expand of research area from farm sides to agricultural corporations concerning technology transfer. In addition, this study was differentiated by selecting input and output variables directly affecting management activities of agricultural manufacturing business.
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