ARCOM

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Almås, A-J and Hygen, H O (2012) Impacts of sea level rise towards 2100 on buildings in Norway. Building Research & Information, 40(03), 245-59.

Brahmi, B F, Sassi Boudemagh, S, Kitouni, I and Kamari, A (2022) IPD and BIM-focussed methodology in renovation of heritage buildings. Construction Management and Economics, 40(03), 186–206.

Chang, Y, Wilkinson, S, Seville, E and Potangaroa, R (2012) Changes in resource need for post-disaster reconstruction: a longitudinal study in China. Building Research & Information, 40(03), 327-36.

Ford, B, Wilson, R, Gillott, M, Ibraheem, O, Salmeron, J and Sanchez, F J (2012) Passive downdraught evaporative cooling: performance in a prototype house. Building Research & Information, 40(03), 290-304.

Gruneberg, S and Fraser, B (2012) Construction purchasing power parities: potential roles and limitations. Building Research & Information, 40(03), 348-56.

Type: Journal Article
Keywords: construction economic data; construction measures; economic comparison; exchange rates; international construction; purchasing power parities; steel
ISBN/ISSN: 0961-3218
URL: https://doi.org/10.1080/09613218.2012.683953
Abstract:
Before comparing or aggregating the output of construction industries in different countries, a common unit of measurement is needed. Two approaches to finding a suitable means of measuring construction internationally are considered: exchange rates and construction purchasing power parities (PPPs). A specific construction industry PPP (CPPP) is required, as a general PPP based on consumer goods prices is not necessarily appropriate as a measure of an industry. To establish CPPPs, a basket of inputs is required. Steel is examined as an example of an input. Steel prices and exchange rate data were collected from the European Union, Southern China and the United States. Six forms of steel were compared. Plate steel was found to have a PPP mean value closest to the exchange rates, but no one type of steel was found to be the most appropriate to use in calculating CPPPs. Although the arguments in favour of CPPPs over the use of exchange rates are strong, from the analysis it is not possible to establish a clear superiority of CPPPs. This makes it necessary to check the suitability of CPPPs compared with exchange rates before comparing or aggregating the construction industries of different countries.

Jewell, C and Flanagan, R (2012) Measuring construction professional services exports: a case for change. Building Research & Information, 40(03), 337-47.

Jowkar, M, Temeljotov-Salaj, A, Lindkvist, C M and Støre-Valen, M (2022) Sustainable building renovation in residential buildings: barriers and potential motivations in Norwegian culture. Construction Management and Economics, 40(03), 161–72.

Parkinson, A T, Friedman, K S, Hacking, T, Cooke, A J and Guthrie, P M (2012) Exploring scenarios for the future of energy management in UK property. Building Research & Information, 40(03), 373-88.

Rajala, P, Ylä-Kujala, A, Sinkkonen, T and Kärri, T (2022) Profitability in construction: how does building renovation business fare compared to new building business. Construction Management and Economics, 40(03), 223–37.

Raslan, R and Davies, M (2012) Legislating building energy performance: putting EU policy into practice. Building Research & Information, 40(03), 305-16.