Abstract
The construction industry is one of the largest economic sectors worldwide. It is essential that the firms operating in the construction industry to evaluate accordingly their productivity change both in economic depression and when there is registered an expansion in the economy. This paper investigates the productivity changes of the Romanian enterprises from construction industry during the period of 2006 through 2019 by using the Malmquist Productivity Index. Four input variables and two output variables have been employed for measuring the change of construction productivity. The findings indicated that Malmquist Productivity Index can be effectively employed for assessing the productivity changes of companies. The results indicated that the majority of the Romanian companies exhibited better performance in terms of technical change while efficiency change regressed. This investigation provides valuable information for decision makers in order to enhance the performance of the Romanian construction industry organizations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: IOP Conference Series: Materials Science and Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
