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Empirical Study of the Production Efficiency Change of Chinese Regional Construction Industry Basing on Stochastic Frontier Analysis

Sen Lin (), Zheng-fei Hu and Guan-ping Liu
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Sen Lin: Jiangnan University
Zheng-fei Hu: Jiangnan University
Guan-ping Liu: Jiangnan University

A chapter in Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, 2013, pp 443-450 from Springer

Abstract: Abstract Among different regions of China, the development of construction industry are generating a growing gap. The persistent occurrence and excessive expansion of such differences will not only undermine the overall efficiency of the construction industry, but also not be conducive to the efficient allocation of resources. According to this, we explore gaps of production efficiency among a vast territory and its root causes with stochastic frontier production model. The research shows that regional scientific input, degree of the openness of construction market, the market ownership structure, and development level of industry are the four control variables promoting production efficiencies immensely while the human capital and the development of regional finance are not. The gaps of the production efficiencies among different regions are widening over time.

Keywords: Construction industry; Difference; Productivity change; Stochastic frontier analysis (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40072-8_43

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DOI: 10.1007/978-3-642-40072-8_43

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