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Abdel Aziz, A M (2008) Minimum performance bounds for evaluating contractors performance during construction of highway pavement projects. Construction Management and Economics, 26(05), 507-29.

Bee Hua, G (2008) The state of applications of quantitative analysis techniques to construction economics and management (1983 to 2006). Construction Management and Economics, 26(05), 485-97.

Campagnac, E (1998) National system of innovation in France: Plan Construction et Architecture. Building Research & Information, 26(05), 297–301.

de Valence, G (2019) Reframing construction within the built environment sector. Engineering, Construction and Architectural Management, 26(05), 740–5.

Fulford, R G (2019) The implications of the construction industry to national wealth. Engineering, Construction and Architectural Management, 26(05), 779–93.

• Type: Journal Article
• Keywords: Construction; Productivity; Construction management; Value management; Construction planning;
• ISBN/ISSN: 0969-9988
• URL: https://doi.org/10.1108/ECAM-03-2018-0091
• Abstract:
  The purpose of this paper is to explore how construction projects should be conceived and how the productivity of the construction industry impacts upon a nation’s wealth. The approach has been to marshal the extant literature about the construction industry, construction industry productivity and the economic value of the built environment. Whilst there are many lenses that are used to understand the industry, different ways to measure productivity performance and differing practices between nations, it has been determined that construction industry productivity improvement significantly lags behind other industries. There is a strong argument that construction productivity improvement correlates to advances in a nation’s economy. Nonetheless, it is the decisions about the nature of infrastructure, the standardisation of infrastructure and the effect upon labour productivity that will have the greatest implications for a nation’s economic future. These economic improvements will be inhibited by legacy infrastructure, particularly in densely populated areas. If substantial innovation occurs, the nations currently holding the highest stock of infrastructure might be economically constrained. The construction industry is highly fragmented and has the uncertainties of a cyclic industry. It is, therefore, necessary for governments to identify standards and facilitate innovation. The implications for short- and long-term economic performance require that the industry is a fundamental at the highest level of government. Scholars can use the propositions to further analyse construction productivity improvement and the provision of different types of infrastructure with regard to a nation’s economic performance. Hypotheses are offered to support future research.

Gann, D M, Wang, Y and Hawkins, R (1998) Do regulations encourage innovation? The case of energy efficiency in housing. Building Research & Information, 26(05), 280–96.

Gonzalez-Ruiz, J D, Arboleda, A, Botero, S and Rojo, J (2019) Investment valuation model for sustainable infrastructure systems. Engineering, Construction and Architectural Management, 26(05), 850–84.

Haji Karimian, S, Mbachu, J, Egbelakin, T and Shahzad, W (2019) Improving efficiency in roading projects: a New Zealand study. Engineering, Construction and Architectural Management, 26(05), 827–49.

Haugbølle, K, Larsen, J N and Nielsen, J (2019) Construction productivity revisited: towards measuring performance of construction output. Engineering, Construction and Architectural Management, 26(05), 794–813.

Ilhan, B and Yobas, B (2019) Measuring construction for social, economic and environmental assessment. Engineering, Construction and Architectural Management, 26(05), 746–65.

Lam, K-C, Lam, M C-K and Wang, D (2008) MBNQA_oriented self_assessment quality management system for contractors: fuzzy AHP approach. Construction Management and Economics, 26(05), 447-61.

Lopes, J P, Oliveira, R A and Abreu, M I (2019) Estimating the built environment stock in Cape Verde. Engineering, Construction and Architectural Management, 26(05), 814–26.

Mbachu, J (2008) Conceptual framework for the assessment of subcontractors' eligibility and performance in the construction industry. Construction Management and Economics, 26(05), 471-84.

Nyström, J (2008) A quasi_experimental evaluation of partnering. Construction Management and Economics, 26(05), 531-41.

Pantouvakis, J-P and Manoliadis, O G (2008) A compromise programming model for site selection of borrow pits. Construction Management and Economics, 26(05), 433-46.

Rameezdeen, R and Ramachandra, T (2008) Construction linkages in a developing economy: the case of Sri Lanka. Construction Management and Economics, 26(05), 499-506.

Ruddock, L and Ruddock, S (2019) Wealth measurement and the role of built asset investment: an empirical comparison. Engineering, Construction and Architectural Management, 26(05), 766–78.

Winch, G (1998) Zephyrs of creative destruction: understanding the management of innovation in construction. Building Research & Information, 26(05), 268–79.

Ye, K, Jiang, W and Shen, L (2008) Project competition intensity (PCI) in the construction market: a case study in China. Construction Management and Economics, 26(05), 463-70.