Resumen

PROCEL, Claudette. Efficiency analysis of catalonia’s construction industry pre- and postfinancial crisis: a data envelopment analysis (dea) approachAnálisis de eficiencia en el sector de la construcción catalán pre- y postcrisis económica: un estudio basado en el análisis envolvente de datos (dea). Tec Empre. [online]. 2021, vol.15, n.2, pp.18-32. ISSN 1659-3359.  http://dx.doi.org/10.18845/te.v15i1.5587.

By employing a non-parametric technique rooted in economic production theory-i.e., Data Envelopment Analysis (DEA)-this study evaluates the efficiency level of construction businesses operating in the Spanish region of Catalonia. The empirical application considers a dataset including information for more than 1000 construction businesses from Catalonia during the period 2005-2016. The empirical results reveal that the efficiency level in the Catalan construction industry drastically fell during the period of economic downturn (2009-2012). Also, the findings show that efficiency in the industry improves after 2013; however, the speed of recovery is heterogeneous across businesses. A further analysis highlights that business size is a relevant factor explaining efficiency differences among the sampled businesses: efficiency is evidently lower in micro businesses compared to the figures reported for small and medium and large construction firms.

Palabras clave : Efficiency analysis; data envelopment analysis; construction business; Catalonia.

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