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Corporate real estate analysis: evaluating telecom branch efficiency in Greece

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  • Manolis Kritikos
  • Raphael Markellos
  • Gregory Prastacos

Abstract

This article proposes productivity analysis for evaluating the relative efficiency in corporate real estate usage across decision-making units. Using data from the Greek Telecommunications Organization (GTO), we measure the productivity of 127 branches using the number of employees and the total area covered per building as inputs and the number of telephony access lines as outputs. We apply three nonparametric Data Envelopment Analysis (DEA) models assuming: Constant Returns to Scale (CRS), Variable Returns to Scale (VRS) and Slacks-Based Measures (SBM), respectively. We discuss how the proposed approach can provide real estate managers and analysts a multi-informational tool that allows the quantification of targets and may serve as a guide tool for the efficient employment of real estate assets.

Suggested Citation

  • Manolis Kritikos & Raphael Markellos & Gregory Prastacos, 2010. "Corporate real estate analysis: evaluating telecom branch efficiency in Greece," Applied Economics, Taylor & Francis Journals, vol. 42(9), pages 1133-1143.
    • Handle: RePEc:taf:applec:v:42:y:2010:i:9:p:1133-1143
    DOI: 10.1080/00036840701721166
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    References listed on IDEAS

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    Cited by:

    1. António S. Ribeiro & Francisco Lima, 2012. "Portuguese football league efficiency and players' wages," Applied Economics Letters, Taylor & Francis Journals, vol. 19(6), pages 599-602, April.
    2. Congcong Yang & Alfred Taudes & Guozhi Dong, 2017. "Efficiency analysis of European Freight Villages: three peers for benchmarking," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 25(1), pages 91-122, March.
    3. Yi-Chung Hsu, 2014. "Efficiency in government health spending: a super slacks-based model," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(1), pages 111-126, January.

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