Competition and the persistence of profits in the UK construction industry
Series: Construction Management & Economics ; 18 (7) October/November 2000, 733-745(13)Publication details: 2000Subject(s): Summary: Examines the performance of a range of medium-size publicly quoted construction firms over the period 1990-1994. The competitive nature of construction markets during that time was also considered. Discusses the results. These suggest that the construction markets are price competitive, and that mark-ups vary positively with the construction cycle. This analysis does not support the common arguments that competition in the construction industry is excessive, and that firms can gain from firm specific strategies.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS62939 (Browse shelf(Opens below)) | 1 | Available | 109000-1001 |
Examines the performance of a range of medium-size publicly quoted construction firms over the period 1990-1994. The competitive nature of construction markets during that time was also considered. Discusses the results. These suggest that the construction markets are price competitive, and that mark-ups vary positively with the construction cycle. This analysis does not support the common arguments that competition in the construction industry is excessive, and that firms can gain from firm specific strategies.