International Conference on Construction and Real Estate Management 2018
The Efficiency of Chinese Regional Construction Industry Based on DEA Model: An Empirical Study from 2006 to 2016
Publication: ICCREM 2018: Analysis of Real Estate and the Construction Industry
ABSTRACT
China has made great changes in macro-economy recent years. It is of great importance to discuss the impact of macroeconomic environment and technological progress on the efficiency of Chinese construction industry. In order to accurately measure efficiency of Chinese construction industry from 2006 to 2016, 31 provincial level administrative regions are viewed as decision making units based on the BCC-DEA model. The evaluation model was established with enterprise assets, the number of employees, and the total power of construction machinery and equipment at the end of the year as input indicators, and gross product of the construction industry and total pre-tax profit as output indicators. On this basis, the construction industry efficiency of Chinese six geographical regions and three major economic circles are analyzed from the dynamic and static viewpoints, and we study the impact of financial crisis and supply-side structural reforms on construction industry in recent years. The results showed that the overall efficiency of construction industry is rising. The construction efficiency gap among regions has narrowed but is still large. In addition, according to the current situation of Chinese construction industry, the paper puts forward some related suggestions to improve the efficiency of construction industry.
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ACKNOELEDGMENTS
The authors gratefully acknowledge the financial support received from the National Natural Science Foundation of China (Grant No. 71301175), China Scholarship Council (Grant No. 201606495019), Beijing Higher education Young Elite Teacher Project (Grant No. YETP1001). My deepest gratitude goes to Professor Yulong Li for his constant encouragement and guidance. He has given me confidence and answered a lot of doubts through all the stages of the writing of this paper.
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Information & Authors
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Published In
ICCREM 2018: Analysis of Real Estate and the Construction Industry
Pages: 154 - 162
Editors: Yaowu Wang, Professor, Harbin Institute of Technology, Yimin Zhu, Professor, Louisiana State University, Geoffrey Q. P. Shen, Professor, Hong Kong Polytechnic University, and Mohamed Al-Hussein, Professor, University of Alberta
ISBN (Online): 978-0-7844-8174-5
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© 2018 American Society of Civil Engineers.
History
Published online: Aug 8, 2018
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