International Conference on Construction and Real Estate Management 2018
Measuring the Efficiency of Construction Industry in China Based on DEA and Malmquist Index
Publication: ICCREM 2018: Analysis of Real Estate and the Construction Industry
ABSTRACT
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.
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ACKNOWLEDGMENTS
This work was supported by the Natural Science Foundation of China (Grant no. 71402200), Beijing Philosophy and Social Science Foundation of China (Grant no. 16GLB034), and Science and Technology Planning Project of China’s Ministry of Housing and Urban-Rural Development (Grant no.2016-R4-011).
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Published In
ICCREM 2018: Analysis of Real Estate and the Construction Industry
Pages: 212 - 218
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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