Competition and the persistence of profits in the UK construction industry
Ball, M.
Competition and the persistence of profits in the UK construction industry - 2000 - Construction Management & Economics 18 (7) October/November 2000, 733-745(13) .
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.
CONSTRUCTION INDUSTRY
PERFORMANCE
COMPETITIVENESS
CONSTRUCTION COMPANIES
COMPETITION
Competition and the persistence of profits in the UK construction industry - 2000 - Construction Management & Economics 18 (7) October/November 2000, 733-745(13) .
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.
CONSTRUCTION INDUSTRY
PERFORMANCE
COMPETITIVENESS
CONSTRUCTION COMPANIES
COMPETITION