Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/11878
Title: Determinants of efficiency of contractors in Hong Kong and China : panel data model analysis
Authors: Li, J
Chiang, YH 
Choi, TNY
Man, KF
Keywords: China
Construction contractor
Firm efficiency
Hong Kong
Panel data model
Quantitative Methods
Issue Date: 2013
Publisher: American Society of Civil Engineers
Source: Journal of construction engineering and management, 2013, v. 139, no. 9, p. 1211-1223 How to cite?
Journal: Journal of construction engineering and management 
Abstract: This study investigates how firm attributes affect construction contractors' efficiency in Hong Kong and Mainland China, from the period 2004 to 2010. This study finds that the efficiency of Hong Kong contractors is associated with their managerial capability to control business costs and financial capability to manage both short-term and long-term capital liquidity. The efficiency of Mainland China contractors is also associated with their managerial capability to control business and administrative costs but not with their financial capability to maintain capital liquidity. Theoretically, this study shows that managerial and technological abilities are two common factors that transcend different institutions and systems. Hong Kong is the freest economy in the world, whereas the economy of Mainland China is more regulated. Methodologically, data envelopment analysis is adopted to establish the efficiency scores of contractors to be analyzed by panel data regression, which controls individual contractor's return to scale. Few construction competitiveness studies have attempted this methodological process, which can be replicated for future research in other countries, at different stages of their economic development, to ensure equally useful measures for cross-country comparison and to promote the sustainable developments of their construction industries.
URI: http://hdl.handle.net/10397/11878
ISSN: 0733-9364
EISSN: 1943-7862
DOI: 10.1061/(ASCE)CO.1943-7862.0000698
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

7
Last Week
0
Last month
1
Citations as of Oct 9, 2017

WEB OF SCIENCETM
Citations

6
Last Week
0
Last month
0
Citations as of Oct 23, 2017

Page view(s)

59
Last Week
1
Last month
Checked on Oct 22, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.