The Evaluation of China's Real Estate Company’s Operating Efficiency by DEA

Abstract:

The paper uses principal component analysis method to build a real estate company operating efficiency evaluation index system, use of data envelopment analysis method and real estate company financial data (2005 to 2011) to evaluation operating efficiency. The results show that Chinese real estate Company’s operating level of development is on the upswing. From the perspective of scale economy, most of the listed real estate companies no longer increase returns to scale. Accordingly, we can improve the overall efficiency of the real estate company by expanding the scale of real estate companies rather than simply adjusting product structure.

• Periodical: Applied Mechanics and Materials (Volumes 644-650)
• Pages: 5565-5569
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.644-650.5565
• Online since: September 2014
• Authors: Xun Yong Xiao*
• Keywords: DEA Method, Economies of Scale, Operational Efficiency, Principal Component Analysis (PCA), Real Estate Companies

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