Construction Industry Economics and Policy

A BLOG ABOUT THE STRUCTURE AND PERFORMANCE OF THE BUILDING AND CONSTRUCTION INDUSTRY

Available from Amazon

Feb 20, 2022
6 min

New US Data Shows We Have a False Picture of Construction Productivity

It is possible the methods used to estimate construction productivity might be faulty, giving a false picture of the industry.

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Mar 8, 2021
6 min

The Digital Construction Production System

The construction industry is wide and diverse, and the various parts of the digital construction production system are in various stages of

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Feb 5, 2021
7 min

Construction and Advanced Technologies

The survey links technologies across firm size and age categories, as well as the co-presence pattern for the technologies at the firm level

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Jan 14, 2021
8 min

Digitization and Advanced Business Technologies in Industry

There is a commonly held view that construction is a digital laggard. A widely cited McKinsey report in 2016 argued.

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Nov 30, 2020
4 min

Production of the Built Environment as an Industrial Sector

Parts of the economy that involve many different contributors and participants are often called an industrial or economic sector.

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Oct 14, 2020
3 min

Construction as a Technological System of Production: A Life Cycle Approach

Innovation and Industry Evolution The stages in the life cycle of an industry typically start with first applications of a new invention...

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Sep 22, 2020
2 min

Democratizing our Data

In Democratizing Our Data, Julia Lane argues that good data are essential for democracy.

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Jul 27, 2020
5 min

Construction AI

They identify five AI-powered applications, and use cases that have already arrived in other industries, that can be applied to construction

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Jun 29, 2020
4 min

Developments in Construction Economics

The book brought a great deal of data together, and updated previous work in empirical CE on measuring construction activity.

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Feb 26, 2020
6 min

Industry Structure and General Purpose Technologies

A new general purpose technology (GPT) becomes the basis of a system of industrial production.

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Jan 27, 2020
9 min

Evolution of the Construction Technological System

The modern construction industry had its roots in the take-off of industrialization in the early nineteenth century.

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Dec 25, 2019
7 min

Construction as a Mature Technological System

Technological systems solve problems or fulfill goals using whatever means are available and appropriate.

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Dec 14, 2019
0 min

Procurement, Contracts and Information

The choice of Procurement Method set up the systems managing the project, structure of relationships and the payment mechanism.

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Oct 23, 2019
8 min

Construction in the Fourth Industrial Revolution

It seems to me building and construction will become a laboratory for the fourth industrial revolution.

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Sep 26, 2019
3 min

Value in Census and National Statistics

Like other government agencies, national statistics agencies have been working out how to do more with their limited resources.

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Sep 5, 2019
2 min

Employment in the Australian Built Environment Sector

The built environment sector is the collection of industries responsible for producing, managing and maintaining those buildings.

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Aug 25, 2019
2 min

Industries Included in the Australian Built Environment Sector

The method used to measure the size and extent of the Australian BES is to collect the data for output and employment.

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Aug 5, 2019
5 min

Production of the Built Environment

Parts of the economy that involve many different contributors and participants are often called an industrial or economic sector.

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Jun 25, 2019
6 min

Why We Should Measure the Built Environment Sector

The built environment is important. We are surrounded both by it and by its construction, management and maintenance.

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May 14, 2019
1 min

Accounting for Construction

This book is the second in a series that explores a range of topics related to construction projects, firms and the industry as a whole.

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About the Blog

The organisation of the building and construction industry and its role in the creation and maintenance of the built environment is the focus of this blog.

Like other industries, construction is being reshaped by rapid and widespread advances in materials, technology and capability. How those advances might affect an industry that has changed slowly over time is an interesting question.The blog collects industry data and discusses these trends and their effect on industry structure and performance.

The economic perspective focuses on firms and industries rather than individual projects.

Gerard de Valence

I studied politics, philosophy and economics at Sydney University and worked in the private sector for a decade before becoming an academic in the School of the Built Environment at the University of Technology Sydney and UCL’s Bartlett School of Construction and Project Management in London. The ABOUT page has my bio.

Construction is Not a Service Industry

May 29

Incremental Innovation in Construction

Apr 30

The Fourth Industrial Revolution and Construction

Mar 24

Review of Thinking Like an Economist by Elizabeth Pop Berman

Feb 1

Australian Built Environment Industries: Output and Employment

Jan 20

Situating MMC Within Technological Adoption

Dec 5, 2022

Construction Productivity Trends for Building, Engineering and Construction Services

Nov 30, 2022

Employment Trends in Australian Built Environment Industries

Oct 21, 2022

Comparisons of Construction to Manufacturing Use Flawed Data

Sep 22, 2022

Construction Industry Policy and Industry Culture

Aug 29, 2022

Research Companion to Construction Economics

Jul 4, 2022

Building Standards, Energy Codes and Decarbonization

May 30, 2022

3D Concrete Printing and Digital Construction

Apr 23, 2022

New US Data Shows We Have a False Picture of Construction Productivity

Feb 20, 2022

Infrastructure Investment and Economic Growth

Jan 13, 2022

BIM Mandates and Construction Industry Policy

Oct 23, 2021

Industry Policy and the UK Construction Reform Movement

Sep 22, 2021

Industrialized Building and the Failure of Katerra

Aug 14, 2021