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Adeleye, T, Huang, M, Huang, Z and Sun, L (2013) Predicting Loss for Large Construction Companies. Journal of Construction Engineering and Management, 139(09), 1224–36.

Alsamadani, R, Hallowell, M R, Javernick-Will, A and Cabello, J (2013) Relationships among Language Proficiency, Communication Patterns, and Safety Performance in Small Work Crews in the United States. Journal of Construction Engineering and Management, 139(09), 1125–34.

Cruz, C O and Marques, R C (2013) Exogenous Determinants for Renegotiating Public Infrastructure Concessions: Evidence from Portugal. Journal of Construction Engineering and Management, 139(09), 1082–90.

Damci, A, Arditi, D and Polat, G (2013) Multiresource Leveling in Line-of-Balance Scheduling. Journal of Construction Engineering and Management, 139(09), 1108–16.

Franz, B W, Leicht, R M and Riley, D R (2013) Project Impacts of Specialty Mechanical Contractor Design Involvement in the Health Care Industry: Comparative Case Study. Journal of Construction Engineering and Management, 139(09), 1091–7.

Hanna, A S, Thomas, G and Swanson, J R (2013) Construction Risk Identification and Allocation: Cooperative Approach. Journal of Construction Engineering and Management, 139(09), 1098–107.

Hegazy, T, Abdel-Monem, M, Saad, D A and Rashedi, R (2013) Hands-On Exercise for Enhancing Students’ Construction Management Skills. Journal of Construction Engineering and Management, 139(09), 1135–43.

Hollar, D A, Rasdorf, W, Liu, M, Hummer, J E, Arocho, I and Hsiang, S M (2013) Preliminary Engineering Cost Estimation Model for Bridge Projects. Journal of Construction Engineering and Management, 139(09), 1259–67.

Jafari, A and Love, P E D (2013) Quality Costs in Construction: Case of Qom Monorail Project in Iran. Journal of Construction Engineering and Management, 139(09), 1244–9.

Jin, Z, Deng, F, Li, H and Skitmore, M (2013) Practical Framework for Measuring Performance of International Construction Firms. Journal of Construction Engineering and Management, 139(09), 1154–67.

Li, J, Chiang, Y H, Choi, T N Y and Man, K F (2013) Determinants of Efficiency of Contractors in Hong Kong and China: Panel Data Model Analysis. Journal of Construction Engineering and Management, 139(09), 1211–23.

  • Type: Journal Article
  • Keywords: Construction companies; Contractors; Hong Kong; China; Data analysis; Construction contractor; Firm efficiency; Panel data model; Hong Kong; China; Quantitative Methods;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000698
  • Abstract:
    This study investigates how firm attributes affect construction contractors’ efficiency in Hong Kong and Mainland China, from the period 2004 to 2010. This study finds that the efficiency of Hong Kong contractors is associated with their managerial capability to control business costs and financial capability to manage both short-term and long-term capital liquidity. The efficiency of Mainland China contractors is also associated with their managerial capability to control business and administrative costs but not with their financial capability to maintain capital liquidity. Theoretically, this study shows that managerial and technological abilities are two common factors that transcend different institutions and systems. Hong Kong is the freest economy in the world, whereas the economy of Mainland China is more regulated. Methodologically, data envelopment analysis is adopted to establish the efficiency scores of contractors to be analyzed by panel data regression, which controls individual contractor’s return to scale. Few construction competitiveness studies have attempted this methodological process, which can be replicated for future research in other countries, at different stages of their economic development, to ensure equally useful measures for cross-country comparison and to promote the sustainable developments of their construction industries.

Liu, J Y, Zou, P X W and Gong, W (2013) Managing Project Risk at the Enterprise Level: Exploratory Case Studies in China. Journal of Construction Engineering and Management, 139(09), 1268–74.

Marzouk, M and Amin, A (2013) Predicting Construction Materials Prices Using Fuzzy Logic and Neural Networks. Journal of Construction Engineering and Management, 139(09), 1190–8.

Menesi, W, Golzarpoor, B and Hegazy, T (2013) Fast and Near-Optimum Schedule Optimization for Large-Scale Projects. Journal of Construction Engineering and Management, 139(09), 1117–24.

Shahandashti, S M and Ashuri, B (2013) Forecasting {[}Engineering News-Record{]} Construction Cost Index Using Multivariate Time Series Models. Journal of Construction Engineering and Management, 139(09), 1237–43.

Sunindijo, R Y and Zou, P X W (2013) Conceptualizing Safety Management in Construction Projects. Journal of Construction Engineering and Management, 139(09), 1144–53.

Tas, E, Cakmak, P I and Levent, H (2013) Determination of Behaviors in Building Product Information Acquisition for Developing a Building Product Information System in Turkey. Journal of Construction Engineering and Management, 139(09), 1250–8.

Wang, S, Tang, W and Li, Y (2013) Relationship between Owners’ Capabilities and Project Performance on Development of Hydropower Projects in China. Journal of Construction Engineering and Management, 139(09), 1168–78.

Xie, J and Thomas Ng, S (2013) Multiobjective Bayesian Network Model for Public-Private Partnership Decision Support. Journal of Construction Engineering and Management, 139(09), 1069–81.

Yorucu, V (2013) Construction in an Open Economy: Autoregressive Distributed Lag Modeling Approach and Causality Analysis—Case of North Cyprus. Journal of Construction Engineering and Management, 139(09), 1199–210.

Zhao, X, Hwang, B and Low, S P (2013) Developing Fuzzy Enterprise Risk Management Maturity Model for Construction Firms. Journal of Construction Engineering and Management, 139(09), 1179–89.