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Aksenova, G and Oti-Sarpong, K (2024) Beyond “platformania” in the construction sector: Conceptualisations and implications of product platformisation in the UK. Construction Management and Economics, 42(03), 229–50.

Azman, M A, Chuweni, N N, Muhamad Halil, F, Ku Azir, K M A, Lee, B L, Juhari, F N and Skitmore, M (2024) The impact of the change in institutional regulation on construction productivity: firm-level evidence in a developing economy. Construction Management and Economics, 42(03), 199–214.

  • Type: Journal Article
  • Keywords: Construction firms; total factor productivity; institutional regulation; developing economies; Malaysia;
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446193.2023.2227286
  • Abstract:
    For many, the business environment is regarded as the main factor determining changes in construction productivity. However, changes in a country’s institutional regulation can contribute to the productivity changes of construction firms over the long term but are often overlooked in construction productivity research. To study the impact of institutional regulation on construction productivity, a sample of 55 public-listed construction Malaysian firms (2009–2020) is used as a case study to estimate total factor productivity (TFP) based on the Geometric-Young Index (GYI). Stochastic Frontier Analysis (SFA) is then used to decompose the TFP-GYI into the technological, environment, technical, scale-mix, and statistical noise components. This is followed by the Generalized Method Moments (GMM) to model the impact of different institutional regulations on TFP and decomposed productivity components. The results indicate that the institutional regulation framework influences construction firms’ TFP. Property rights and the rule of law (PRRL), and budget balance and change in wages (BBCW) have a positive impact on TFP, which largely influences technical efficiency. In addition to uncovering the impact of institutional regulation on construction productivity, namely capital availability and regulatory environment, it is concluded that institutional regulation plays a vital role in determining long-term construction firm productivity and needs to be considered by policymakers in formulating supporting incentives and policies.

Badi, S (2024) The role of blockchain in enabling inter-organisational supply chain alignment for value co-creation in the construction industry. Construction Management and Economics, 42(03), 266–88.

Bergsdal, H, Brattebø, H and Müller, D B (2014) Dynamic material flow analysis for PCBs in the Norwegian building stock. Building Research & Information, 42(03), 359-70.

Devine-Wright, P, Wrapson, W, Henshaw, V and Guy, S (2014) Low carbon heating and older adults: comfort, cosiness and glow. Building Research & Information, 42(03), 288-99.

Dias, J L, Silva, A, Chai, C, Gaspar, P L and de Brito, J (2014) Neural networks applied to service life prediction of exterior painted surfaces. Building Research & Information, 42(03), 371-80.

Gallardo, C, Sandberg, N H and Brattebø, H (2014) Dynamic-MFA examination of Chilean housing stock: long-term changes and earthquake damage. Building Research & Information, 42(03), 343-58.

Gluch, P, Gustafsson, M, Thuvander, L and Baumann, H (2014) Charting corporate greening: environmental management trends in Sweden. Building Research & Information, 42(03), 318-29.

Hamilton, I G, Shipworth, D, Summerfield, A J, Steadman, P, Oreszczyn, T and Lowe, R (2014) Uptake of energy efficiency interventions in English dwellings. Building Research & Information, 42(03), 255-75.

Hoang, V, Susilawati, C and Raharjo, J P (2024) Analysis of productivity performance of real estate and construction firms in Indonesia. Construction Management and Economics, 42(03), 215–28.

Lees, T and Sexton, M (2014) An evolutionary innovation perspective on the selection of low and zero-carbon technologies in new housing. Building Research & Information, 42(03), 276-87.

Schweber, L and Haroglu, H (2014) Comparing the fit between BREEAM assessment and design processes. Building Research & Information, 42(03), 300-17.

van Marrewijk, A, Veenswijk, M and Clegg, S (2014) Changing collaborative practices through cultural interventions. Building Research & Information, 42(03), 330-42.

Walker, G H, Foscarin-Kosmetatou, S, Marr, S, Gillies, S and Lindsay, P (2024) Critical essay: sociotechnical construction. Construction Management and Economics, 42(03), 251–65.