Operational efficiency across the Chinese aerospace industry: a DEA and Malmquist analysis
Operational efficiency across the Chinese aerospace industry: a DEA and Malmquist analysis
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DOI:
10.1108/cms-07-2015-0142
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发表时间:
2015-11
影响因子:
2.2
通讯作者:
Peiwu Dong;Kai Qiao;Meimei Yang
中科院分区:
文献类型:
--
作者:
Peiwu Dong;Kai Qiao;Meimei Yang
Purpose – The purpose of this paper is to study the operational efficiency of aerospace industry in China and compare the difference in efficiency between the private aerospace enterprises and the state-owned aerospace enterprises. This paper enriches the study on evaluating the operational efficiency of aerospace industry and develops the theory on aerospace industry management. Design/methodology/approach – The sample comprises all the aerospace enterprises listed in the A share market for which financial data are collected from the RESSET for subsequent analysis. Data envelopment analysis (DEA) and Malmquist productivity index (MPI) are used to derive findings. Findings – The paper finds both the scale and the technical level of the industry increased during the period, and this was mainly due to the growth of the state-owned enterprises. However, with the increase of scale, the total factor productivity of the sample decreased. This was mainly because the performance of the leading enterprises regress...