VGTU talpykla > Statybos fakultetas / Faculty of Civil Engineering > Moksliniai straipsniai / Research articles >

Lietuvių   English
Please use this identifier to cite or link to this item:

Title: Assessing the performance of the construction sectors in the Baltic States and Poland
Authors: Podvezko, Valentinas
Kildienė, Simona
Zavadskas, Edmundas Kazimieras
Keywords: construction sector
market indicators
assessing MCDM
entropy method
CILOS method
IDOCRIW method
Issue Date: 2017
Publisher: Savez Ekonomista Vojvodine
Citation: Podvezko, V.; Kildienė, S.; Zavadskas, E. K. 2017. Assessing the performance of the construction sectors in the Baltic States and Poland, Panoeconomicus 64(4): 493–512
Series/Report no.: 64;4
Abstract: The paper describes the evaluation of the construction market performance in three Baltic states, including Estonia, Latvia, Lithuania and Poland, based on using structural statistical criteria. The evaluation covers various periods of time, embracing the time before the economic crisis, in 2007, during the economic crisis, in 2009, and after the economic crisis, in 2013. For assessing the efficiency of their construction sectors’ performance, the investigated countries are arranged in the order of preference according to this indicator by using three multiple-criteria decision making methods (MCDM), such as SAW, TOPSIS and COPRAS. These evaluation methods are based on determining the weights of the structural criteria used. For this purpose, three various methods, including the entropy, the method of the criteria impact loss (CILOS) and a new method of determining the objective criteria weights (IDOCRIW) suggested by the authors. The results obtained allowed the researchers to assess the construction market performance in the considered states in various periods of time, to compare them with other countries and to rank them based on this parameter. Therefore, the suggested method of market performance evaluation may be used as an effective supplementary aid for determining the priorities in the future business development, as well as for studying the competitive markets or directing the cash flows of an enterprise to the appropriate areas.
ISSN: 1452-595X
Appears in Collections:Moksliniai straipsniai / Research articles

Files in This Item:

File Description SizeFormat
Assessing the performance of the construction sectors in the Baltic States and Poland.pdf284.45 kBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.


Valid XHTML 1.0! DSpace Software Copyright © 2002-2010  Duraspace - Feedback