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Evaluation Of Construction Contractor Performance: A Critical Analysis Of Some Recent Research, Rick Best, Craig Langston
Evaluation Of Construction Contractor Performance: A Critical Analysis Of Some Recent Research, Rick Best, Craig Langston
Craig Langston
International comparisons of construction industry performance are notoriously difficult. A recent comparative study, extensive in scope and using an innovative approach, is reviewed and questions raised regarding various aspects of the methodology adopted, the validity of the conclusions drawn and manner in which outcomes were reported. Particular areas of concern include the unequivocal statement of conclusions that are based on a small sample, and the use of data from that sample that are, in fact, no more than estimates of project performance. Attention is drawn to the limitations of the research reported and the reliability of the methods used, and …
Comparing Linkages Of Real Estate And Construction By The Consideration Of The Impact Of Capital, Yu Song, Chunlu Liu, Craig Langston
Comparing Linkages Of Real Estate And Construction By The Consideration Of The Impact Of Capital, Yu Song, Chunlu Liu, Craig Langston
Craig Langston
Based on the recently published Organisation for Economic Co-operation and Development (OECD) input-output database at constant prices, this research proposes a new model to compare the linkages of the construction and real estate sectors in national economies with the consideration of the impact of capital. Empirical results indicate that the linkages are extremely underestimated in previous research. The backward and forward linkages of the real estate sector are smaller than those of the construction sector, which means in economic development, construction plays a more important role than real estate, given the impact of capital. More importantly, the findings prove that …