This study was to measure the management efficiency of farms raising the Cheju horse in Jeju island. We visited a total of 66 farms out of 241 existing Cheju horse raising farms, analyzed management data using the DEA(Data Envelopment Analysis) model....
This study was to measure the management efficiency of farms raising the Cheju horse in Jeju island. We visited a total of 66 farms out of 241 existing Cheju horse raising farms, analyzed management data using the DEA(Data Envelopment Analysis) model. The result of measuring the DEA efficiency showed that 16 farms were efficient in the technical aspect and the other 50 farms were inefficient. In the inefficient 50 farms, the number of farms below the efficiency score 0.8 was 48 (72.7%). In the average efficiency index, the size efficiency(0.7785) was higher than the technical efficiency (0.6923). We analysed the causes of the management inefficiency, we also evaluated the influencing degree of each factors for the farms(DMU) using the results of the efficiency measurement. The result showed that the feed cost was 4,000,246 won(33.8%). The feed cost was the major factor in excess input. We also analyzed the efficiency of the farms based on the size with the total technical efficiency, the pure technical efficiency and the scale efficiency using One-Way ANOVA based on the results of DEA efficiency. There was no significant difference due to the size of farms except for the pure technical efficiency(P<0.05).