Abstract
There are a lot of academic attentions devoted to the problem of investment efficiency in real estate industry in our country recently. This paper seeks to use the method of Super Efficiency DEA to establish an evaluation model of investment efficiency in real estate industry, which is based on Super Efficiency DEA. 35 large and medium cities from China are selected as samples to evaluate the investment efficiency of these cities. The results show that there exist the problems of excessive investment and low investment efficiency in real estate industry in China as a whole; and it is also found that compared with middle regions of china, the investment efficiency of eastern costal areas and northwest areas are higher, they all reach or close to DEA Efficiency.
This work is partially supported by NNSF Grant #70772087 to Li Yanxi and “the Fundamental Research Funds for the Central Universities” Grant #DUT10ZD107 to Li Yanxi.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Wang, C.: Research on investment efficiency. Tianjin Finance & Economics University (2004)
Yeh, Q.: The application of data development analysis in conjunction with financial ratios for bank Performance evaluation. Journal of Operation Research Society 47(3), 980–988 (1996)
Sun, X.: The estimating Research on the efficiencies of Chinese commercial banks based on parameter approach. Dalian University of Technology (2006)
Aigner, D., lovell, C.A.K., Schmidt, P.: Formulation and estimation of stochastic frontier production function modes. Journal of Econometrics 6(1), 21–37 (1977)
Chen, B.: Analysis of X-efficiency of listed real eatate companies based on Stochastic Frontier Method. Journal of Northwest A&F University (Social Science Edition) 8, 64–68 (2008)
Wan, L., Chen, X.: The impact of FDI to the technical efficiency of Chinese real estate industry-based on an empirical research of the data of real estate industry of Chinese provinces. Shanghai Economics Research 3, 66–71 (2007)
Charnes, A., Cooper, W.W., Rhodes, E.: Measuring the efficiency of decision making units. European Journal of Operational Research, 429–444 (1978)
Sheng, Z., Zhu, Q., Wu, G.: Method of DEA theoretical research and application, pp. 65–72, 154–155. Science Press, Beijing (1996)
Liu, Y., Hu, Y., Zhang, F.: Analysis of the performance of listed companies in real estate industry based on DEA. Decision Reference 7, 64–66 (2005)
Sun, G.: Research on the efficiency of Chinese real estate based on DEA. Economic Research Guide 9, 174–176 (2007)
Geng, X.: An analysis of Chinese real estate industry based on DEA. Statistics & Information Forum 5, 101–104 (2007)
Wu, Q., Xie, J.: DEA evaluation of the technological strength of areas based on fuzzy mathematics method. Research of Technological Management 11, 46–49 (2005)
Yao, C.: Ranking efficient units in DEA. The International Journal of Management Science 32, 213–219 (2004)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2011 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Wei, F., Li, Y., Gao, R., Sun, J. (2011). Study on the Evaluation Model of the Investment Efficiency of Real Estate Industry Based on Super Efficiency DEA. In: Zhang, J. (eds) Applied Informatics and Communication. ICAIC 2011. Communications in Computer and Information Science, vol 226. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23235-0_15
Download citation
DOI: https://doi.org/10.1007/978-3-642-23235-0_15
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-23234-3
Online ISBN: 978-3-642-23235-0
eBook Packages: Computer ScienceComputer Science (R0)