Productivity, Efficiency,
and Economic Growth
in the Asia-Pacific
Region

Physica-Verlag
A Springer Company

Editors
Prof. Jeong-Dong Lee                                  Prof. Almas Heshmati
Seoul National University                              University of Kurdistan
Technology Management,                            Department of Economics and Finance Hawler
Economics and Policy                                   Program 30 metri Zanyari
Seoul 151-742                                              Federal Region of Kurdistan
Republic of Korea                                          Iraq
leejd@snu.ac.kr                                              almas.heshmati@ukh.ac
ISBN 978-3-7908-2071-3 e-ISBN: 978-3-7908-2072-0
DOI: 10.1007/978-3-7908-2072-0
Contributions to Economics ISSN 1431-1933
Library of Congress Control Number: 2008930850
© 2009

13
Dipika Das
2 Concentration, Profitability and (In)Efficiency
in Large Scale Firms ................................................................................ 39
H. Dudu and Y. Kılıçaslan
3 Financial Ratio Analysis: An Application to US Energy Industry ...... 59
M. Goto and T. Sueyoshi
4 On Measuring Productivity Growth in Indian Industry:
Analysis of Organized and Unorganized Sector
in Selected Major States .......................................................................... 81
Rajesh Raj S N and Mihir K. Mahapatra
Part II Performance in Financial Sector
5 Technical Efficiency of Banks in Southeast Asia ................................... 107
E. Dogan and D.K. Fausten
6 The Effect of Asset Composition Strategy on Venture
Capital Firm Efficiency: An Application
of Data Envelopment Analysis ................................................................ 123
E.J. Jeon, J.-D. Lee, and Y.-H. Kim
vii
7 Post Crisis Non-Bank Financial Institutions Productivity
Change: Efficiency Increase or Technological Progress? ................... 143
F. Sufian and M.-Z. Abdul Majid
8 The Impact of the Wallis Inquiry on Australian
Banking Efficiency Performance .......................................................... 173
S. Wu
Part III Efficiency in Public Sector and the Role of Public Policy
9 Performance Ranking and Management Efficiency
in Colleges of Business: A Study at the Department Level
in Taiwanese Universities ........................................................................ 197
T.-T. Fu and M.-Y. Huang
10 Efficiency of the Korean Defense Industry:
A Stochastic Frontier Approach ........................................................... 217
Kyong-Ihn Jeong and A. Heshmati
11 Performance Measurement of Agricultural
Cooperatives in Thailand: An Accounting-Based
Data Envelopment Analysis .................................................................. 255
W. Krasachat and K. Chimkul
12 An Empirical Study on the Performance of public
Financing for Small Business in Korea ................................................ 267
Yongrok Choi
13 The Impact of Agricultural Loans on the Technical
Efficiency of Rice Farmers in the Upper North of Thailand ............. 279
Y. (Kai) Chaovanapoonphol, G.E. Battese,
and H.-S. (Christie) Chang
Part IV Efficiency of ICT Firms
14 Efficiency Analysis of the Digital Content Industry
in Korea: An Application of Order-m Frontier Model ....................... 299
D.O. Choi and J.E. Oh
15 Analysis on the Technical Efficiency and Productivity
Growth of the Korean Cable SOs: A Stochastic
Frontier Approach ................................................................................. 315
K. Kim and A. Heshmati