Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China

Abstract China's construction industry has assumed an important role in China's urbanization process, improving China's urban landscape and the level of national production and living facilities, but the productivity of the construction industry in some regions of China is still at a...

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Main Authors: Ting Ouyang, Fengtao Liu, Bingzhang Huang
Format: Article
Language:English
Published: Nature Portfolio 2022-10-01
Series:Scientific Reports
Online Access:https://doi.org/10.1038/s41598-022-22374-y
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author Ting Ouyang
Fengtao Liu
Bingzhang Huang
author_facet Ting Ouyang
Fengtao Liu
Bingzhang Huang
author_sort Ting Ouyang
collection DOAJ
description Abstract China's construction industry has assumed an important role in China's urbanization process, improving China's urban landscape and the level of national production and living facilities, but the productivity of the construction industry in some regions of China is still at a relatively low level. Taking the construction industry in Guangxi province in southwest China as an example, this paper analyzes the relevant indexes affecting the total factor productivity level of the regional construction industry and composes the statistical relationships among the indexes using dynamic measurement methods, and obtains that: (1) The number of employees, enterprises, labor productivity and construction profit have positive influence on the total factor productivity of Guangxi construction industry, but the improvement of regional construction gross product does not drive the improvement of technical equipment rate; (2) There is a dynamic equilibrium relationship between input and output indicators of total factor productivity of Guangxi construction industry, and the positive driving effect of output indicators on input indicators is not obvious; the influence of input indicators on output indicators is greater, and the positive influence is more. Accordingly, this paper also puts forward corresponding suggestions to promote the technical production level of Guangxi's construction industry.
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spelling doaj.art-19ce2d162e9c46c39bb36ae9f184a7482022-12-22T04:37:01ZengNature PortfolioScientific Reports2045-23222022-10-0112111410.1038/s41598-022-22374-yDynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in ChinaTing Ouyang0Fengtao Liu1Bingzhang Huang2Liuzhou Institute of TechnologyLiuzhou Institute of TechnologyLiuzhou Institute of TechnologyAbstract China's construction industry has assumed an important role in China's urbanization process, improving China's urban landscape and the level of national production and living facilities, but the productivity of the construction industry in some regions of China is still at a relatively low level. Taking the construction industry in Guangxi province in southwest China as an example, this paper analyzes the relevant indexes affecting the total factor productivity level of the regional construction industry and composes the statistical relationships among the indexes using dynamic measurement methods, and obtains that: (1) The number of employees, enterprises, labor productivity and construction profit have positive influence on the total factor productivity of Guangxi construction industry, but the improvement of regional construction gross product does not drive the improvement of technical equipment rate; (2) There is a dynamic equilibrium relationship between input and output indicators of total factor productivity of Guangxi construction industry, and the positive driving effect of output indicators on input indicators is not obvious; the influence of input indicators on output indicators is greater, and the positive influence is more. Accordingly, this paper also puts forward corresponding suggestions to promote the technical production level of Guangxi's construction industry.https://doi.org/10.1038/s41598-022-22374-y
spellingShingle Ting Ouyang
Fengtao Liu
Bingzhang Huang
Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China
Scientific Reports
title Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China
title_full Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China
title_fullStr Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China
title_full_unstemmed Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China
title_short Dynamic econometric analysis on influencing factors of production efficiency in construction industry of Guangxi province in China
title_sort dynamic econometric analysis on influencing factors of production efficiency in construction industry of guangxi province in china
url https://doi.org/10.1038/s41598-022-22374-y
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AT bingzhanghuang dynamiceconometricanalysisoninfluencingfactorsofproductionefficiencyinconstructionindustryofguangxiprovinceinchina