• DocumentCode
    2655459
  • Title

    Efficiency on the Property Market by DEA Analysis -Based on SEM

  • Author

    Pei, CHEN ; Chuan-zhe, Liu

  • Author_Institution
    China Univ. of Min. Technol., Hangzhou
  • fYear
    2007
  • fDate
    20-22 Aug. 2007
  • Firstpage
    2318
  • Lastpage
    2324
  • Abstract
    This essay explained the reason why the soaring housing prices cannot be controlled ultimately nowadays from the aspect of DEA efficiency. It shows that, although the housing prices in some cities are so high, making the consumers and the merchant has to pay more, but because these areas can also supply more additional output value, it makes the high housing prices deserve the cost. With the general conclusion, it may be not effective in developed areas and it may be not ineffective in undeveloped areas. We also find that there are two extremely different trends in the property market in all the thirty-one different areas all over our country, to be appropriate and reasonable or not, without the intergradations. Furthermore, this essay also put forward some specific suggestions for the better development of the property market in our country currently through the Scale Benefit Analysis and Projection Analysis.
  • Keywords
    data envelopment analysis; pricing; property market; DEA analysis; SEM; housing prices; projection analysis; property market; scale benefit analysis; Appraisal; Cities and towns; Conference management; Costs; Data envelopment analysis; Decision making; Engineering management; Government; Production; Technology management; C2R Model; DEA; SEM; efficiency structure; the property market;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering, 2007. ICMSE 2007. International Conference on
  • Conference_Location
    Harbin
  • Print_ISBN
    978-7-88358-080-5
  • Electronic_ISBN
    978-7-88358-080-5
  • Type

    conf

  • DOI
    10.1109/ICMSE.2007.4422184
  • Filename
    4422184