Proceedings of the 2014 International Conference on Global Economy, Commerce and Service Science

Empirical Analysis on Development Efficiency and Influencing Factors of China's Provincial Real Estate

Authors
Zhigao Liao, Yan Liao
Corresponding Author
Zhigao Liao
Available Online January 2014.
DOI
https://doi.org/10.2991/gecss-14.2014.54How to use a DOI?
Keywords
real estate, development efficiency, SE-DEA, Tobit, influencing factors
Abstract
Taking the real estate development enterprises in China's 31 provinces and cities as research object, we have applied the Super Efficiency DEA model to measure their technical, pure technical efficiency, scale efficiency and inter-annual change trend between 2007 and 2011 in this dissertation. Using the Truncated Regression (Tobit) model, we identify the influence of different factors on the efficiency. The empirical results show that the development efficiency of real estate in our country average of 0.8558, namely the efficiency in the average level; the difference of the real estate development efficiency in China's 31 provinces and cities is big; east, central and western regions development efficiency level gap is narrowing; efficiency of various provinces and cities in the region is different; government support, scale of real estate, external demand and production elements configuration has a significant positive effect on development level of efficiency.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Proceedings
2014 International Conference on Global Economy, Commerce and Service Science (GECSS-14)
Part of series
Advances in Intelligent Systems Research
Publication Date
January 2014
ISBN
978-90-78677-96-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/gecss-14.2014.54How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Zhigao Liao
AU  - Yan Liao
PY  - 2014/01
DA  - 2014/01
TI  - Empirical Analysis on Development Efficiency and Influencing Factors of China's Provincial Real Estate
BT  - 2014 International Conference on Global Economy, Commerce and Service Science (GECSS-14)
PB  - Atlantis Press
SN  - 1951-6851
UR  - https://doi.org/10.2991/gecss-14.2014.54
DO  - https://doi.org/10.2991/gecss-14.2014.54
ID  - Liao2014/01
ER  -