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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.

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.

  • Type: Journal Article
  • Keywords: Built environment; International construction; Sustainable development; Construction industry; Approach; Pearce’s schema;
  • ISBN/ISSN: 0969-9988
  • URL: https://doi.org/10.1108/ECAM-03-2018-0112
  • Abstract:
    The purpose of this paper is to examine the issues that should be considered for a better gauge of the construction industry and built environment and to propose a set of indicators for measuring the social, economic and environmental value of construction. Design/methodology/approach The indicators proposed in this study use Pearce’s schema, which presents a framework to evaluate the socio-economic value of construction and its contribution to sustainable development. After analysing the problems faced by the industry, solutions are raised and finally indicators for each pillar of Pearce’s schema are established through a literature review. Since the proposed indicators can be used for cross-country analysis, these comparisons are also presented as graphs including only those countries for which valid national data could be sourced from OECD databases. Findings The issues, suggestions and indicators related to each concern about the main domains of the schema are addressed through the related literature and supported by available statistical data. Originality/value Although previous studies have drawn attention to measures for better evaluation of the construction industry and the built environment, this study, distinctively, presents an integrated approach in order to gauge the true value and impacts of construction in a more comprehensive way. The work’s contribution to the body of knowledge is in revealing the hidden input and impact of construction on sustainable development by determining the barriers to this and their solutions, in addition to the proposal of relevant indicators.

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.