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Measuring the Efficiency of Construction Industry in China Based on DEA and Malmquist Index
As a pillar industry of China’s national economy, one of the basic objectives of the construction industry is to pursue the efficiency. How to effectively evaluate the efficiency of the construction industry is getting more and more attention. In this paper, firstly, the theoretical basis of the efficiency evaluation of construction industry and the commonly used efficiency evaluation methods are reviewed. Then, the static data envelopment analysis (DEA) method which can effectively deal with multi-input and multi-output efficiency evaluation and dynamic Malmquist index are combined and applied to assess the construction efficiency. Finally, empirical analysis is carried out based on the input-output data of 31 provinces and autonomous regions in China from 2006 to 2015. Based on the above analyzing results, the efficiency of construction industry in China is objectively discussed in depth and the corresponding suggestions are proposed.
Measuring the Efficiency of Construction Industry in China Based on DEA and Malmquist Index
As a pillar industry of China’s national economy, one of the basic objectives of the construction industry is to pursue the efficiency. How to effectively evaluate the efficiency of the construction industry is getting more and more attention. In this paper, firstly, the theoretical basis of the efficiency evaluation of construction industry and the commonly used efficiency evaluation methods are reviewed. Then, the static data envelopment analysis (DEA) method which can effectively deal with multi-input and multi-output efficiency evaluation and dynamic Malmquist index are combined and applied to assess the construction efficiency. Finally, empirical analysis is carried out based on the input-output data of 31 provinces and autonomous regions in China from 2006 to 2015. Based on the above analyzing results, the efficiency of construction industry in China is objectively discussed in depth and the corresponding suggestions are proposed.
Measuring the Efficiency of Construction Industry in China Based on DEA and Malmquist Index
Fan, Yanyan (author) / Huang, Zhiye (author) / Chang, Yuan (author)
International Conference on Construction and Real Estate Management 2018 ; 2018 ; Charleston, South Carolina
ICCREM 2018 ; 212-218
2018-08-08
Conference paper
Electronic Resource
English
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