Efficiency analysis of Catalonia’s construction industry pre- and post-financial crisis: a data envelopment analysis (DEA) approach
Salvato in:
| Autore: | |
|---|---|
| Natura: | artículo original |
| Status: | Versión publicada |
| Data di pubblicazione: | 2021 |
| Descrizione: | By employing a non-parametric technique rooted in economic production theory—i.e., Data Envelopment Analysis (DEA)—this study evaluates the efficiency level of construction businesses operating in the Spanish region of Catalonia. The empirical application considers a dataset including information for more than 1000 construction businesses from Catalonia during the period 2005-2016. The empirical results reveal that the efficiency level in the Catalan construction industry drastically fell during the period of economic downturn (2009-2012). Also, the findings show that efficiency in the industry improves after 2013; however, the speed of recovery is heterogeneous across businesses. A further analysis highlights that business size is a relevant factor explaining efficiency differences among the sampled businesses: efficiency is evidently lower in micro businesses compared to the figures reported for small and medium and large construction firms |
| Stato: | Portal de Revistas TEC |
| Istituzione: | Instituto Tecnológico de Costa Rica |
| Repositorio: | Portal de Revistas TEC |
| Lingua: | Inglés |
| OAI Identifier: | oai:ojs.pkp.sfu.ca:article/5587 |
| Accesso online: | https://revistas.tec.ac.cr/index.php/tec_empresarial/article/view/5587 |
| Keyword: | Análisis de eficiencia análisis envolvente de datos sector de la construcción Cataluña Efficiency analysis data envelopment analysis construction business Catalonia |