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Abdul-Rahman, H (1995) The cost of non-conformance during a highway project: a case study. Construction Management and Economics, 13(01), 23-32.

Akintoye, A and Sommerville, J (1995) Distributed lag relationships between UK construction orders and output. Construction Management and Economics, 13(01), 33-42.

  • Type: Journal Article
  • Keywords: cash-flow; construction new order; construction output; distributed lags; government policy
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446199500000005
  • Abstract:

    The volume of construction orders obtained by construction contractors determines the pace of total work done by contractors. In essence, new orders lead to construction output spread over a period of time. The operation of the construction industry shows that the construction order at time t would continue to filter into the output of the industry in the subsequent periods. This paper estimates and analyses the construction output-order relationships for both private and public sector construction works. There is a significant difference in the initial impact of new order on output in the private (19%) and public sectors (5%). The new order in the public sector takes a longer period (11quarters) to filter completely into the public sector construction output whereas it takes substantially less time to filter completely (eight quarters) in the private sector. The shapes of the distributed lags are quite different for each of the sectors and these are explained by the attitudes of construction contractors to each of the sectors and the peculiar nature of the sectors themselves.

Chau, K W (1995) The validity of the triangular distribution assumption in Monte Carlo simulation of construction costs: empirical evidence from Hong Kong. Construction Management and Economics, 13(01), 15-21.

Dawood, N N (1995) An integrated knowledge-based/simulation approach to production planning: an application to the pre-cast industry. Construction Management and Economics, 13(01), 53-64.

Loosemore, M (1995) Reactive management: communication and behavioural issues in dealing with the occurrence of client risks. Construction Management and Economics, 13(01), 65-80.

Nkado, R N (1995) Construction time-influencing factors: the contractor's perspective. Construction Management and Economics, 13(01), 81-9.

Pries, F and Janszen, F (1995) Innovation in the construction industry: the dominant role of the environment. Construction Management and Economics, 13(01), 43-51.

Winch, G and Campagnac, E (1995) The organization of building projects: an Anglo/French comparison. Construction Management and Economics, 13(01), 3-14.