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Malmquist indices of total factor productivity changes in the Australian construction industry

Li, Yan and Liu, Chunlu 2010, Malmquist indices of total factor productivity changes in the Australian construction industry, Construction management and economics, vol. 28, no. 9, pp. 933-945, doi: 10.1080/01446191003762231.

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Title Malmquist indices of total factor productivity changes in the Australian construction industry
Author(s) Li, Yan
Liu, Chunlu
Journal name Construction management and economics
Volume number 28
Issue number 9
Start page 933
End page 945
Total pages 13
Publisher Routledge Taylor & Francis Group
Place of publication Abingdon, England
Publication date 2010-09
ISSN 0144-6193
1466-433X
Keyword(s) Australia
construction industry
data analysis envelopment
malmquist total factor productivity
Summary Construction is an important industry and forms a vital part of national economics in the world. Factors affecting the productivity of the construction industry should be measured appropriately to reflect its development situation and economic performance. The Malmquist index method with a novel decomposition technique is employed to estimate the total factor productivity of the Australian construction industry during the period 1990-2007 and to analyse the factors affecting the technological change in the industry. Research results exemplified by two input variables and one output variable elaborate how construction technology, pure technical efficiency and scale economy take effect in the change of construction productivity. In addition, based on temporal and spatial comparisons, the analysis for construction productivities reveals their changes over time and across the country. Proposals and recommendations are expected to be beneficial for policy making and strategic decisions to improve the performance of the Australian construction industry.
Language eng
DOI 10.1080/01446191003762231
Field of Research 120201 Building Construction Management and Project Planning
Socio Economic Objective 870501 Civil Building Management and Services
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2010
Copyright notice ©2010, Taylor & Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30033327

Document type: Journal Article
Collection: School of Architecture and Built Environment
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