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Bartlett, E and Howard, N (2000) Informing the decision makers on the cost and value of green building. Building Research & Information, 28(05), 315–24.

Bogenstätter, U (2000) Prediction and optimization of life-cycle costs in early design. Building Research & Information, 28(05), 376–86.

Bon, R and Hutchinson, K (2000) Sustainable construction: some economic challenges. Building Research & Information, 28(05), 310–4.

  • Type: Journal Article
  • Keywords: sustainable development; sustainable construction; policy tools; environment; regulations; economics; trends
  • ISBN/ISSN: 0961-3218
  • URL: http://journalsonline.tandf.co.uk/link.asp?id=3ukyly6nnck2dr1m
  • Abstract:
    Sustainable construction faces economic challenges at different levels. On the macroeconomic level, the goals of sustainable construction are being implemented most actively in industrial countries in which the share of construction output is decreasing. However in both less developed and newly industrialized countries, the share of construction output is increasing, but the goals of sustainable construction are more difficult to implement. On the mesoeconomic level, the construction sector depends on the implementation of the goals of sustainable development across the national economy as a whole. Supply chains feeding the construction sector are long and intertwined, making it difficult to assess the effect of different materials, components and procedures. On the microeconomic level, buildings are created with shorter time horizons in response to being a demand-derived commodity and increasingly dominated by mechanical, electrical and electronic equipment. Their finance is being adjusted to the short and medium term, which is in conflict with sustainable construction whose goals rely upon the long term. Two broad approaches for meeting the economic challenges of sustainable construction are considered: governance through standards, legal and regulatory practices, and market-oriented policies that influence the costs of particular forms of construction. Both approaches have a role, but it is argued that the market-oriented measures will be more effective at the strategic level.

Bordass, B (2000) Cost and value: fact and fiction. Building Research & Information, 28(05), 338–52.

Cole, R J and Sterner, E (2000) Reconciling theory and practice of life-cycle costing. Building Research & Information, 28(05), 368–75.

Heerwagen, J (2000) Green buildings, organizational success and occupant productivity. Building Research & Information, 28(05), 353–67.

Hydes, K R and Creech, L (2000) Reducing mechanical equipment cost: the economics of green design. Building Research & Information, 28(05), 403–7.

Jarkas, A M (2010) The influence of buildability factors on rebar fixing labour productivity of beams. Construction Management and Economics, 28(05), 527–43.

Larsson, N K and Clark, J (2000) Incremental costs within the design process for energy efficient buildings. Building Research & Information, 28(05), 413–8.

Lingard, H C, Francis, V and Turner, M (2010) Work–family enrichment in the Australian construction industry: implications for job design. Construction Management and Economics, 28(05), 467–80.

Malin, N (2000) The cost of green materials. Building Research & Information, 28(05), 408–12.

Marrero, M and Ramirez-De-Arellano, A (2010) The building cost system in Andalusia: application to construction and demolition waste management. Construction Management and Economics, 28(05), 495–507.

Ness, K (2010) The discourse of ‘Respect for People’ in UK construction. Construction Management and Economics, 28(05), 481–93.

Olawale, Y A and Sun, M (2010) Cost and time control of construction projects: inhibiting factors and mitigating measures in practice. Construction Management and Economics, 28(05), 509–26.

Papamichael, K (2000) Green building performance prediction/assessment. Building Research & Information, 28(05), 394–402.

Reed, W G and Gordon, E B (2000) Integrated design and building process: what research and methodologies are needed?. Building Research & Information, 28(05), 325–37.

Ross, N, Bowen, P A and Lincoln, D (2010) Sustainable housing for low-income communities: lessons for South Africa in local and other developing world cases. Construction Management and Economics, 28(05), 433–49.

Sterner, E (2000) Life-cycle costing and its use in the Swedish building sector. Building Research & Information, 28(05), 387–93.

Tuuli, M M, Rowlinson, S and Koh, T Y (2010) Control modes and mechanisms in construction project teams: drivers and consequences. Construction Management and Economics, 28(05), 451–65.