Research on the Production Efficiency of Construction Industry in China's Provinces along the Belt and Road

Authors

  • Xiaofeng Yi

DOI:

https://doi.org/10.54097/fbem.v5i1.1505

Keywords:

The Belt and Road, Construction Industry, Production Efficiency, DEA Model, Malmquist Productivity Index.

Abstract

The proposal of the Belt and Road Initiative (BRI) has had a profound impact on the development of the construction industry. Based on the panel data from 2014 to 2020 in 18 China's provinces along the Belt and Road, we combined the data envelopment analysis (DEA) with the Malmquist productivity index (MPI) model to analyze the static production efficiency of the construction industry in these provinces in 2020 and the changes in production efficiency from 2014 to 2020. The results show that the production efficiency of the construction industry in China’s provinces along the Belt and Road in 2020 is relatively high, and nearly half of the provinces are effective for DEA. The production efficiency of the construction industry in the provinces along the Belt and Road declined from 2014 to 2020. During the period, the technical level of most provinces improved, while the technical efficiency declined. Finally, some suggestions were put forward based on the results.

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Published

06-09-2022

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Section

Articles

How to Cite

Yi, X. (2022). Research on the Production Efficiency of Construction Industry in China’s Provinces along the Belt and Road. Frontiers in Business, Economics and Management, 5(1), 128-133. https://doi.org/10.54097/fbem.v5i1.1505