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

In: Proceedings of 20th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Sen Lin

    (Jiangnan University)

  • Zheng-fei Hu

    (Jiangnan University)

  • Guan-ping Liu

    (Jiangnan University)

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.

Suggested Citation

  • Sen Lin & Zheng-fei Hu & Guan-ping Liu, 2013. "Empirical Study of the Production Efficiency Change of Chinese Regional Construction Industry Basing on Stochastic Frontier Analysis," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, edition 127, pages 443-450, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-40072-8_43
    DOI: 10.1007/978-3-642-40072-8_43
    as

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