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Costantino, N (2006) The contribution of Ranko Bon to the debate on sustainable construction. Construction Management and Economics, 24(07), 705-9.

Dietzenbacher, E and Hoen, A R (2006) Coefficient stability and predictability in input-output models: a comparative analysis for the Netherlands. Construction Management and Economics, 24(07), 671-80.

Dikmen, I and Birgonul, M T (2006) A review of international construction research: Ranko Bon's contribution. Construction Management and Economics, 24(07), 725-33.

Ganesan, S and Kelsey, J (2006) Technology transfer: international collaboration in Sri Lanka. Construction Management and Economics, 24(07), 743-53.

Hawk, D (2006) Conditions of Success: a platform for international construction development. Construction Management and Economics, 24(07), 735-42.

Mccann, P (2006) On the supply-side determinants of regional growth. Construction Management and Economics, 24(07), 681-93.

Pietroforte, R and Gregori, T (2006) Does volume follow share? The case of the Danish construction industry. Construction Management and Economics, 24(07), 711-5.

Ruddock, L and Lopes, J (2006) The construction sector and economic development: the "Bon curve". Construction Management and Economics, 24(07), 717-23.

Shipworth, D (2006) Qualitative modelling of sustainable energy scenarios: an extension of the Bon qualitative input-output model. Construction Management and Economics, 24(07), 695-703.

Skitmore, M, Runeson, G and Chang, X (2006) Construction price formation: full-cost pricing or neoclassical microeconomic theory?. Construction Management and Economics, 24(07), 773-83.

Steadman, P (2006) Allometry and built form: revisiting Ranko Bon's work with the Harvard Philomorphs. Construction Management and Economics, 24(07), 755-65.

Valence, G D (2006) Building as an economic process: the Austrian approach revisited. Construction Management and Economics, 24(07), 767-71.

  • Type: Journal Article
  • Keywords: Building economics; Austrian economics; building process; capital theory; Ranko Bon
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446190600601859
  • Abstract:

    Bon’s book Building as an Economic Process: An Introduction to Building Economics was an important step in the development of the economic theory of the built environment. The book’s aim was to establish theoretical foundations for building economics, using the perspective of Austrian economics. The objective of this review is to assess the significance and impact of the book, and how successful Bon was in achieving his stated purpose. Each of the major topics in the book is discussed, with the Austrian approach as used by Bon on capital theory, the building process, and business and building cycles assessed. Bon proposed a significant research programme based on these ideas. The impact of the ideas is discussed before progress on the research programme is reviewed. The conclusion attempts to bring out the significance of the book’s contribution.