International Conference on Construction and Real Estate Management 2020
Research on Production Efficiency of Construction Industry Based on Cobb-Douglas Production Function
Publication: ICCREM 2020: Intelligent Construction and Sustainable Buildings
ABSTRACT
The construction industry is the pillar industry of China's national economy. The development of China’s regional construction industry shows great differences. The long-term existence and excessive expansion of this difference will not only affect the overall efficiency of the development of the construction industry, but also the effectiveness of resources. Based on the Cobb-Douglas production function, this paper analyzes the input and output of China’s construction industry in 2005–2017, and explores the regional differences in the production efficiency of China’s construction industry and the impact mechanism, thus summarizing the distribution of China’s construction industry. The distribution characteristics and existing problems of the construction industry are targeted and put forward relevant suggestions to provide reference for the healthy development of the construction industry.
Get full access to this article
View all available purchase options and get full access to this chapter.
REFERENCES
Les, R. and Steven, R. (2011). “Evaluation of trends in the UK construction industry using growth and productivity accounts.” Construction Management and Economics, 29(12), 1229-1239.
Liu, B.S., Wang, M., Li, L., Wang, R. and Meng, J.N. (2019). “Comprehensive efficiency, pure technical efficiency, scale efficiency and its influencing factors in the two stages of China’s construction industry chain.” Operations Research and Management, 28(2), 174-183. (in Chinese).
Liu, R.J. and Zhang, Z.H. (2014). “Evaluation of regional differences in efficiency of the construction industry in mainland China under environmental constraints.” Journal of Tsinghua University (Natural Science Edition), 54(8), 1057-1061. (in Chinese).
Ning, D.B. and Li, Y. (2012). “Research on efficiency evaluation of Chinese construction industry based on deep method.” Building Economy, 12(7), 5-8. (in Chinese).
Roberta, P., Nicola, C., Roberto, P. and Silvio, S. (2012) “Construction of multi-storey concrete structures in Italy: patterns of productivity and learning curves.” Construction Management and Economics, 30(2), 103-115.
Tan, D., Wang, G.B., and Cao, D.P. (2015). “The growth characteristics and influencing factors of total factor productivity in construction industry.” Journal of Tongji University, 43(12), 1901-1907. (in Chinese).
Wang, W.Z., Lin, Z.F. and Chou, Y. (2013). “Research on evaluation and evolution characteristics of production efficiency in Chinese construction industry.” Statistics and Decision, 52(24), 95-98. (in Chinese).
Yang, Z.H. and Wang, Y.W. (2018). “Research on smart construction promotion strategy based on the evolution of modernization technology in construction industry.” China Soft Science, 335(8), 18-30. (in Chinese).
Information & Authors
Information
Published In
ICCREM 2020: Intelligent Construction and Sustainable Buildings
Pages: 697 - 703
Editors: Yaowu Wang, Ph.D., Harbin Institute of Technology, Thomas Olofsson, Ph.D., Luleå University of Technology, and Geoffrey Q. P. Shen, Ph.D., Hong Kong Polytechnic University
ISBN (Online): 978-0-7844-8323-7
Copyright
© 2020 American Society of Civil Engineers.
History
Published online: Oct 14, 2020
Published in print: Oct 14, 2020
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.