Abstract

This thesis examines the efficiency, productivity, and survival of real estate construction firms in Indonesia. By applying a meta-frontier approach, the results show that efficiency and productivity of the firms are relatively low. The gap between the industry and the small, medium, and large is high. This suggest that the overall industry could obtain remarkable efficiency and productivity improvement if firms could access technologies used by more efficient firms. Designing policy and managerial interventions for each group would have greater impacts. The survival analysis demonstrates that profit margin, income diversification, experience and structure are strongly related to firm survival.

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