Research Companion to Construction Economics

Description

This innovative Research Companion considers the history, nature and status of construction economics, and its need for development as a field in order to be recognised as a distinct discipline. It presents a state-of-the-art review of construction economics, identifying areas for further research.   Contributors explore topics that have been under-discussed in the literature, including the philosophy of construction economics and its practice in classical antiquity. Chapters also offer new takes on the development of the construction industry, the economics of housing, construction labour and the economics of informatics applications. Comprehensive in outlook, the Research Companion goes on to provide in-depth analyses of procurement, bidding, stakeholder management, construction data, transaction costs and sustainability in construction.   The Research Companion will be critical reading for scholars and students of construction economics, construction management, cost engineering, quantity surveying, urban economics and institutional economics. Its use of empirical research and exploration of the methods of analysis used in construction economics will also be beneficial for administrators of the construction industry and practitioners in these fields. Front Matter Copyright Contents List of contributors Foreword Preface List of abbreviations 1. Introduction to the Research Companion to Construction Economics 2. Construction economics: its origins, significance, current status and need for development 3. The philosophy of construction economics 4. The nature and development of construction economics 5. Construction economics in antiquity 6. Construction in the economy and in national development 7. Construction project economics 8. Dynamics of construction industry development 9. Applications of mainstream economic theories to the construction industry: transaction costs 10. Construction industry and the Sustainable Development Goals (SDGs) 11. Sustainability economics and the construction industry 12. International construction data: a critical review 13. Measuring and comparing construction costs in different locations: methods and data 14. New trends in international construction 15. Economics of trust in construction 16. The builders of cities: prospects for synergy between labour and the built environment 17. Economic principles of bidding for construction projects 18. Procurement and delivery management 19. The economics of housing policy and construction: developing a responsive supply sector 20. A review of stakeholder management in construction 21. The global construction market 22. Relational impacts of corruption on the procurement process: implications for economic growth in developing countries 23. Economic considerations in the procurement and deployment of construction informatics applications 24. The future: new directions of construction economics research Index