A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
An Assessmenet of the Technical Efficiency of Construction Firms in Hong Kong
This paper evaluates the technical efficiency ratios (ER) of construction firms in Hong Kong using the data envelopment analysis (DEA) technique. Input-output data down to 4-digit Hong Kong Standard Industrial Classification (HSIC) trade subgroups are used over an observation period of 1981–1996. The results show an increasing trend in average technical efficiency, although there were some fluctuations in the sub-periods. Furthermore, the factors affecting the level of technical efficiency and its growth are identified. The higher technical efficiency ratios come from those construction firms with less intensive capital, larger size, a lower degree of subcontracting, and a lower proportion of intermediate input consumption.
An Assessmenet of the Technical Efficiency of Construction Firms in Hong Kong
This paper evaluates the technical efficiency ratios (ER) of construction firms in Hong Kong using the data envelopment analysis (DEA) technique. Input-output data down to 4-digit Hong Kong Standard Industrial Classification (HSIC) trade subgroups are used over an observation period of 1981–1996. The results show an increasing trend in average technical efficiency, although there were some fluctuations in the sub-periods. Furthermore, the factors affecting the level of technical efficiency and its growth are identified. The higher technical efficiency ratios come from those construction firms with less intensive capital, larger size, a lower degree of subcontracting, and a lower proportion of intermediate input consumption.
An Assessmenet of the Technical Efficiency of Construction Firms in Hong Kong
Wang, Y.S. (author) / Chau, K.W. (author)
International Journal of Construction Management ; 1 ; 21-29
2001-01-01
9 pages
Article (Journal)
Electronic Resource
English
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