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Sustainability 2018, 10(1), 184; https://doi.org/10.3390/su10010184

Operating Efficiency Evaluation of China Listed Automotive Firms: 2012–2016

1
School of Economics and Management, Beihang University, Beijing 100191, China
2
International College, Zhengzhou University, Henan 450052, China
*
Author to whom correspondence should be addressed.
Received: 20 December 2017 / Revised: 10 January 2018 / Accepted: 11 January 2018 / Published: 13 January 2018
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Abstract

As one of the important pillar industries in China, the automotive industry (i.e., the traditional vehicle and the new energy vehicle (NEV) sub-industries) plays a significant role in the national economy and social development. In this paper, by using the fixed assets, intangible assets, the operating expenses, and the number of employee as inputs and the operating income as output, we conduct efficiency evaluations based on data envelopment analysis (DEA) and Malmquist models, and measure the efficiency of listed automotive firms with the panel data of 77 listed A-share firms spanning from 2012 to 2016, statically and dynamically. The results show that the five-year average Malmquist indices of all the listed firms slightly decreased due to the decline of the technical change and the improvement of the efficiency change. We subdivide the automotive industry into the traditional vehicle and NEV industries, and find that the NEV industry performed better than the traditional one. We combine the industry development and efficiency evaluation, and believe that the NEV will be a new driving force of the economy. View Full-Text
Keywords: data envelopment analysis (DEA); Malmquist model; operating efficiency; automotive industry; new energy vehicle; traditional vehicle; total factor productivity data envelopment analysis (DEA); Malmquist model; operating efficiency; automotive industry; new energy vehicle; traditional vehicle; total factor productivity
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Jiang, H.; Han, L.; Ding, Y.; He, Y. Operating Efficiency Evaluation of China Listed Automotive Firms: 2012–2016. Sustainability 2018, 10, 184.

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