Real Estate Sector Efficiency Analysis

Authors

  • Tomás José Fontalvo Herrera Universidad de Cartagena
  • Enrique de la Hoz Universidad Tecnológica de Bolívar
  • Efrain de la Hoz Unviersidad de Cartagena

DOI:

https://doi.org/10.15665/dem.v18i2.2255

Abstract

This research an analysis of the efficiency of the real estate sector of the city of Cartagena - Colombia is developed. For the 46 companies registered as real estate agencies in the city, the techniques of principal components, data envelopment analysis and logistic regression were articulated. The results show an average efficiency of the sector of 42.33%, considering 8 companies as efficient. Five hypotheses were raised about the incidence of each financial item in the efficiency result, evidenced through the logistic regression model how the variable Operational Income is the only significant one (Value-p = 0.028). It was evidenced as an efficient real estate company should not have high values in the items of heritage and plants, property and equipment.

Author Biography

Efrain de la Hoz, Unviersidad de Cartagena

Jefe del departamento de investgiación de la facultad de ciencias ecnomicas de la universidad de cartagena

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Published

2020-03-19

How to Cite

Fontalvo Herrera, T. J., de la Hoz, E., & de la Hoz, E. . (2020). Real Estate Sector Efficiency Analysis. Dimensión Empresarial, 18(2). https://doi.org/10.15665/dem.v18i2.2255

Issue

Section

RESEARCH RESULTS ARTICLES

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