Evaluation of the Construction Sector: a Data Envelopment Analysis Approach
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F21%3A43920182" target="_blank" >RIV/62156489:43110/21:43920182 - isvavai.cz</a>
Result on the web
<a href="https://mme2021.v2.czu.cz/en/r-16791-news-mme-2021/proceedings-of-the-39-th-international-conference-on-mme-202.html" target="_blank" >https://mme2021.v2.czu.cz/en/r-16791-news-mme-2021/proceedings-of-the-39-th-international-conference-on-mme-202.html</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Evaluation of the Construction Sector: a Data Envelopment Analysis Approach
Original language description
This article deals with the evaluation of the efficiency of the construction sector at the level of individual EU countries. The construction sector is an integral part of the economy in every country, and has a considerable impact on the economy. Efficiency is calculated using a non-parametric deterministic method of data envelopment analysis. Radial input-oriented models are constructed separately for individual years. The gross output and value added variables are used as the output variables. The labor and capital factors (i.e., inputs) are expressed using the total hours worked and nominal gross fixed capital formation variables. The data used are contained in the EU KLEMS database. The results show that countries such as Austria and Belgium are efficient throughout the period under review. The efficiency of the Austrian construction industry is largely determined not only by a high increase in production volume (output of construction, construction of civil engineering and construction of buildings), but also by an increase in labor productivity in this sector which is above the European average.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
10102 - Applied mathematics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics 2021: Conference Proceedings
ISBN
978-80-213-3126-6
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
287-292
Publisher name
Česká zemědělská univerzita v Praze
Place of publication
Praha
Event location
Praha
Event date
Sep 8, 2021
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000936369700047