Resilient Structure Assessment using Cobb-Douglas Production Function: The Case of the Indonesian Metal Industry&#x0D;

Jandhana, Ida Bagus Made Putra; Zagloel, Teuku Yuri M.; Nurcahyo, Rahmat

doi:10.14716/ijtech.v9i5.1862

Cited by 3 publications

(2 citation statements)

References 24 publications

(31 reference statements)

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“…También gracias a la variable Dummy, se pudo analizar como la crisis económica del 2008 y 2013, afectaron negativamente a esta industria. Se llegó a la conclusión que, los shocks en esta industria pueden ser detectados y manejados para evitar grandes crisis y así se puede aumentar la resiliencia de la industria, para ello es preciso mejorar su productividad laboral y su inversión tecnológica (Jandhana et al, 2018).…”

Section: Resultado 1 Cuestionamiento Y Aplicaciones a La Función De P...unclassified

Función de Producción Cobb-Douglas. Una Revisión Bibliográfica

Mejía-Matute

Pinos-Luzuriaga

Tonon-Ordóñez

2023

EcoNeg

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Para la ciencia económica, el análisis de la función de producción es una práctica generalizada, ya que se la aborda desde el punto de vista microeconómico con el análisis de la teoría de la producción y también desde la perspectiva macroeconómica para explicar en qué medida los cambios en los factores de producción determinan el producto. La función de producción Cobb-Douglas ha sido una de las más aplicadas para medir estos parámetros, que implican a nivel agregado la productividad y crecimiento económico. Entonces, surgió la interrogante de si ¿es realmente esta función apropiada para interpretar las fuentes de crecimiento, así como estimar la productividad de los factores y así conocer el desempeño productivo de un país? Para abordar este problema, se realizó una revisión bibliográfica sistemática que recoge históricamente las más notables contribuciones sobre esta función, aplicada desde aproximadamente cien años. Se analizaron las principales características y supuestos, así como las fuertes críticas que se realizan, teniendo en cuenta el debate del capital-trabajo y la distribución primaria de la renta. Lo cierto es que, sigue aplicándose ahora con modelos econométricos más sofisticados, como panel de datos desbalanceados de los Modelos Generalizados de Momentos.

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Section: Resultado 1 Cuestionamiento Y Aplicaciones a La Función De P...unclassified

Función de Producción Cobb-Douglas. Una Revisión Bibliográfica

Mejía-Matute

Pinos-Luzuriaga

Tonon-Ordóñez

2023

EcoNeg

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“…A good opportunity for the use of DEA methodology in process optimization was noticed in (Gunawan et al, 2018) where the "ex post" principle in process analysis could be useful. As referred by (Jandhana et al, 2018), the production function used is a good impulse for performance measurement in project manufacturing processes such as shipbuilding, and consequently, the dry-docking in this particular case.…”

Section: Literature Reviewmentioning

confidence: 99%

Manufacturing Process Performance Measurement Model Using Categorical DEA Approach – a Case of Dry-Docking

Rabar¹,

Rabar²,

Pavletic³

2022

IJTech

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This paper describes the improved performance measuring model for vessel dry-docking. Dry-docking represents the operation where the vessel is put out of the water to clean and coat the vessels, and equipment check. This model deals with data collected from thirty-four completed drydockings, all supported by the Data Envelopment Analysis (DEA) methodology. To solve the limits appearing from extreme values for some vessels, an extension in the form of the categorical model was introduced. By the categorical model implementation, a more precise efficiency measurement was enabled. The performance calculation results contain the efficiency scores for all vessels and target improvements for the inefficient vessels. Inefficiency sources were detected using the DEA methodology, and the proposed solutions are based on process knowledge and data set. This model also introduced and set the parameters for category division and revealed the benchmarks among the studied vessels. The model introduced can be used for efficiency measurement of similar vessels, or as a prediction-based model by introducing vessels with hypothetic data. This model could also be utilized for similar manufacturing processes which can be found in civil engineering, project manufacturing, or transportation. Further research could be conducted based on the slack-basedmeasure model, respecting the limitation of data homogeneity.

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The Mathematical Simulation of South Korea’s Financial and Economic Impacts from Real Estate Bubbles: Lessons from the China Evergrande Collapse

Wang,

2024

Mathematics

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This study investigates the macroeconomic and financial repercussions of a real estate bubble burst in South Korea through the application of Bayesian estimation and impulse response function analysis. By utilizing this approach tailored to the specific economic conditions of South Korea, the research effectively captures the complex ripple effects across a range of financial and macroeconomic variables. The results demonstrate that a real estate bubble burst markedly increases financial market risks, leading to heightened liquidity demands within the banking sector and necessitating adjustments in both deposit rates and bond yields. The study also emphasizes the differentiated impacts on patient and impatient households, where wealth losses drive significant shifts in consumption and labor supply behaviors, further constrained by prevailing labor market conditions. Additionally, the broader economic implications are examined, revealing the adverse effects on corporate output and investment, as well as the dynamics of international capital flows that impact foreign exchange reserves and exchange rates. These findings highlight the urgent need for proactive monitoring and policy interventions to mitigate the detrimental effects of real estate bubbles, ensuring financial stability and fostering sustainable economic growth in South Korea.

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Resilient Structure Assessment using Cobb-Douglas Production Function: The Case of the Indonesian Metal Industry

Cited by 3 publications

References 24 publications

Función de Producción Cobb-Douglas. Una Revisión Bibliográfica

Función de Producción Cobb-Douglas. Una Revisión Bibliográfica

Manufacturing Process Performance Measurement Model Using Categorical DEA Approach – a Case of Dry-Docking

The Mathematical Simulation of South Korea’s Financial and Economic Impacts from Real Estate Bubbles: Lessons from the China Evergrande Collapse

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