基于随机前沿引力建筑企业走出去区位选择

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Abstract Research purposes: The location choice is directly related to the success or failure of construction enterprises going aboard strategy. This paper identified the influencing factors of location selection of construction enterprises and constructed location selection model based on stochastic frontier gravity. ZTJ Group was selected as an example and key influencing factors and location selection of China's construction enterprises were explored. Theoretical supports for the location selection of construction enterprises were discussed.
Research conclusions: (1)The key factors affecting construction enterprises going abroad include: the host country's market size, degree of industrialization, level of infrastructure, natural resource endowment, institutional environment,level of science and technology, level of labor and the enterprise's own factors.(2)Different host countries have different attraction for ZTJ Group. In the target countries with project experiences, countries along the "One Belt, One Road" with greater project demands and market potential are more attractive. In developed countries without project experience, it is also attractive for, but it is more difficult to enter. Chinese construction enterprises and the government should use a variety of means to actively expand the construction market in developed countries.(3)The study can provide theoretical references for construction enterprises aboard projects and the international market location selection.

Key words： construction firms going out propose stochastic frontier gravity location selection

Received: 24 August 2023

PACS:

F279

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	ZHANG Wenjin
	ZHANG Feilian

Cite this article:

ZHANG Wenjin,ZHANG Feilian. Location Selection of Construction Enterprises Going Global Based on Stochastic Frontier Gravity[J]. Journal of Railway Engineering Society, 2023, 40(11): 106-111.

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https://tdgcxb.crec.cn/EN/ OR https://tdgcxb.crec.cn/EN/Y2023/V40/I11/106

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