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Clarke, L and Herrmann, G (2004) Cost vs. production: disparities in social housing construction in Britain and Germany. Construction Management and Economics, 22(05), 521-32.

Gil, N, Tommelein, I D and Ballard, G (2004) Theoretical comparison of alternative delivery systems for projects in unpredictable environments. Construction Management and Economics, 22(05), 495-508.

Lewis, T M (2004) The construction industry in the economy of Trinidad & Tobago. Construction Management and Economics, 22(05), 541-9.

  • Type: Journal Article
  • Keywords: Trinidad & Tobago; GDP; employment; inflation; public sector investment programme
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/0144619042000190234
  • Abstract:

    The construction sector is generally one of the larger and more important sectors of a nation’s economy. If economic policy is to achieve its desired objectives, it is necessary to have some understanding of how the economy will react to various changes that can be effected. Because the construction sector is large and responsive, it is a key sector for manipulating the economy and, hence, it is important to know what the role of the construction sector is in the economy. Some of the key issues here are the effect of changes in GDP on construction output and employment, as well as the effects of changes in money supply, inflation, expenditure on the public sector investment programme and the rate of approval of building plans. This paper sets out to see if there are relationships between these factors that justify further investigation and, as such, helps establish a research agenda for the industry, particularly in comparing developed and less-developed countries.

Miller, C J M, Packham, G A, Pickernell, D G and Mcgovern, M (2004) Building for the future: the potential importance of the construction industry in Welsh economic development policy. Construction Management and Economics, 22(05), 533-40.

Ng, F P and Björnsson, H C (2004) Using real option and decision analysis to evaluate investments in the architecture, construction and engineering industry. Construction Management and Economics, 22(05), 471-82.

Ng, S T, Cheung, S-O, Skitmore, M and Wong, T C Y (2004) An integrated regression analysis and time series model for construction tender price index forecasting. Construction Management and Economics, 22(05), 483-93.

Phua, F T T (2004) Modelling the determinants of multi-firm project success: a grounded exploration of differing participant perspectives. Construction Management and Economics, 22(05), 451-9.

Poon, C S, Yu, A T W and Jaillon, L (2004) Reducing building waste at construction sites in Hong Kong. Construction Management and Economics, 22(05), 461-70.

Wu, C-H, Hsieh, T-Y, Cheng, W-L and Lu, S-T (2004) Grey relation analysis of causes for change orders in highway construction. Construction Management and Economics, 22(05), 509-20.