Document Type : بحث
Authors
Abstract
The research aims to measure and analyze the productivity of production factors for Kuwaiti real estate companies listed on the Kuwait Stock Exchange during the period (2016-2020) through the use of the Malmquist method, which depends on the assumptions of the data envelope analysis model, as it was relied on several variables specific to companies, including what represents the inputs, which are ( Total debt and total equity) and others representing the outputs (long-term investments and total profit), and after harnessing the (Deap) program, several results were reached, the most important of which are: 2019 is the best year in which the real estate sector achieved an average growth in the total productivity of production factors (tfpch) that reached (13.2%) compared to previous and subsequent years, as productivity growth rates witnessed a clear fluctuation between rise and fall as a result of being affected by the growth rates of technical efficiency and volumetric efficiency, and Salhia Real Estate Company achieved the highest average growth rate of total productivity of production factors during the period (2016-2020) amounting to ( 6.3%), followed by Reem Real Estate Company, with an average growth rate of 3.8%, and the ranking of other companies was successively as shown in Figure (23). The last rank was for Munshaat Real Estate Projects Company with an average growth of (0.9) %), and the research recommended that companies should improve their technical and volumetric efficiency levels in order to achieve better rates of productivity of production factors and then develop the sector, which is one of the important sectors, achieve economic development and achieve high growth rates, in addition to developing management and achieving growth rates for administrative efficiency Better through the use of global experiences as well as training and development courses, which improves the management of production elements better.
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