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Bamana, F, Lehoux, N and Cloutier, C (2019) Simulation of a Construction Project: Assessing Impact of Just-in-Time and Lean Principles. Journal of Construction Engineering and Management, 145(05).

Cai, J, Li, S and Cai, H (2019) Empirical Analysis of Capital Structure Determinants in Infrastructure Projects under Public–Private Partnerships. Journal of Construction Engineering and Management, 145(05).

Ercan, T (2019) New Three-Part Model of Innovation Activity in Construction Companies. Journal of Construction Engineering and Management, 145(05).

Firouzi, A and Vahdatmanesh, M (2019) Applicability of Financial Derivatives for Hedging Material Price Risk in Highway Construction. Journal of Construction Engineering and Management, 145(05).

Hussain, S, FangWei, Z and Ali, Z (2019) Examining Influence of Construction Projects’ Quality Factors on Client Satisfaction Using Partial Least Squares Structural Equation Modeling. Journal of Construction Engineering and Management, 145(05).

Lee, J, Park, M, Lee, H and Hyun, H (2019) Classification of Modular Building Construction Projects Based on Schedule-Driven Approach. Journal of Construction Engineering and Management, 145(05).

Lestari, R I, Guo, B H W and Goh, Y M (2019) Causes, Solutions, and Adoption Barriers of Falls from Roofs in the Singapore Construction Industry. Journal of Construction Engineering and Management, 145(05).

Lingard, H, Pirzadeh, P and Oswald, D (2019) Talking Safety: Health and Safety Communication and Safety Climate in Subcontracted Construction Workgroups. Journal of Construction Engineering and Management, 145(05).

Liu, C, Ji, W, AbouRizk, S M and Siu, M F (2019) Equipment Logistics Performance Measurement Using Data-Driven Social Network Analysis. Journal of Construction Engineering and Management, 145(05).

Niu, Y, Anumba, C and Lu, W (2019) Taxonomy and Deployment Framework for Emerging Pervasive Technologies in Construction Projects. Journal of Construction Engineering and Management, 145(05).

Solheim-Kile, E and Wald, A (2019) Extending the Transactional View on Public–Private Partnership Projects: Role of Relational and Motivational Aspects in Goal Alignment. Journal of Construction Engineering and Management, 145(05).

Wong, F K, Chiang, Y, Abidoye, F A and Liang, S (2019) Interrelation between Human Factor–Related Accidents and Work Patterns in Construction Industry. Journal of Construction Engineering and Management, 145(05).

Yazdani, M, Abdi, M R, Kumar, N, Keshavarz-Ghorabaee, M and Chan, F T S (2019) Improved Decision Model for Evaluating Risks in Construction Projects. Journal of Construction Engineering and Management, 145(05).

Yu, Y, Yang, X, Li, H, Luo, X, Guo, H and Fang, Q (2019) Joint-Level Vision-Based Ergonomic Assessment Tool for Construction Workers. Journal of Construction Engineering and Management, 145(05).

Zhao, Z, Guo, X and Chang, R (2019) Market Concentration and Competitive Intensity of the International Engineering Contracting Industry. Journal of Construction Engineering and Management, 145(05).

  • Type: Journal Article
  • Keywords: International engineering contracting; Competitiveness; Market concentration; Competitive intensity;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0001650
  • Abstract:
    Since the 21st century, the international engineering contracting industry has been developing rapidly. A growing number of contractors have entered the international market to engage in various business fields, leading to changing market structures and competition. As a result, international contractors face increasing difficulty in the selection of business areas and international markets to maintain or enhance their competitiveness. This paper aims to evaluate the market concentration and competition intensity of the international engineering contracting market based on the theory of organizational ecology. Using data about the top 50 enterprises that remained on a top 250/225 international construction contractor list from 2004 to 2016, this study proposes and calculates the market concentration index (MCI) and the competitive intensity (CI) of the international engineering contracting industry. Specifically, the MCI for the selected 50 enterprises overall and the 1,250 firm pairs formed by the 50 firms were calculated respectively to assess the concentration levels of the various firms. To assess the competitive intensity of the different business areas, the CI of nine business areas, including general buildings, manufacturing, power, water supply, sewer and waste, petroleum, transportation, hazardous wastes, and telecommunications, were calculated. Subsequently, to predict how the CI of the nine business areas change in the future, various time series models were employed and the potential development trend of the nine areas was obtained. This study provides a reference to understand the market competition of the international engineering contracting industry.