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Construction Economics Research


The modern building and construction industry's origins in the nineteenth century can still be seen in many of its characteristic features, and many contemporary issues are also found in projects from the past.


However, like many industries, it is being reshaped by unprecedented rapid and widespread advances in materials, technology and capability. This site looks at how those advances might affect an industry that has changed slowly over time.

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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.


Over twentyfive years later I am still at UTS, and now spend a month or two a year teaching at UCL’s Bartlett School of Construction and Project Management in London.

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The Australian Built Environment Sector

A profile of 16 industries that contribute to the construction, management and maintenance of the built environment.


This research is based on the annual ABS publication Australian Industry, and covers 12 years of output and employment.

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Book Reviews

Construction 4.0

An Innovation Platform for the Built Environment

Edited by Anil Sawhney, Mike Riley and Javier Irizarry

A new book on Construction 4 from Routledge. As the table of contents below show, it is a comprehensive  review of the state of play as the technologies of industry 4 get adapted and adopted to construction. The book is good evidence that the built environment industries can (should? will?) be a leading sector for application of these technologies. From the book's introduction:


Modelled on the concept of Industry 4.0, the idea of Construction 4.0 is based on a confluence of trends and technologies that promise to reshape the way built environment assets are designed, constructed, and operated.

With the pervasive use of Building Information Modelling (BIM), lean principles, digital technologies, and offsite construction, the industry is at the cusp of this transformation. The critical challenge is the fragmented state of teaching, research, and professional practice in the built environment sector. This handbook aims to overcome this fragmentation by describing Construction 4.0 in the context of its current state, emerging trends and technologies, and the people and process issues that surround the coming transformation.

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