Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry

This is a reprint from Vol 1, no 1, which has not previously been available in electronic format. The analysis and understanding of the conduct and performance of an industry begins with a study of its structure. However, before analysing an industry's structure it is necessary to define the i...

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Main Author: Gerard de Valence
Format: Article
Language:English
Published: UTS ePRESS 2010-07-01
Series:Construction Economics and Building
Subjects:
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author Gerard de Valence
author_facet Gerard de Valence
author_sort Gerard de Valence
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description This is a reprint from Vol 1, no 1, which has not previously been available in electronic format. The analysis and understanding of the conduct and performance of an industry begins with a study of its structure. However, before analysing an industry's structure it is necessary to define the industry and identify its size, scope and scale to establish its true economic contribution. This paper discusses the size and scope of the Australian building and construction industry, firstly froma traditional industry economics approach by firm size and business characteristics using data fron three construction industry surveys done over 15 years by the ABS. Secondly, data from an industry 'cluster' perspective is shown. The objective of the paper is to compare the differences found in industry size and scope in the structure-conduct-performance approach and the alternative industry cluster approach. Each model reveals different characteristics of the industry. The conclusion finds that the building and construction industry is a case where the traditional structure-conduct-performance model cannot be easily applied.
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spelling doaj.art-b379c078966c43aea89ec7d498cd0bf82022-12-21T23:33:23ZengUTS ePRESSConstruction Economics and Building2204-90292010-07-01101-211913110.5130/AJCEB.v10i1/2.15941053Defining an Industry: What is the Size and Scope of the Australian Building and Construction IndustryGerard de Valence0University of TechnologyThis is a reprint from Vol 1, no 1, which has not previously been available in electronic format. The analysis and understanding of the conduct and performance of an industry begins with a study of its structure. However, before analysing an industry's structure it is necessary to define the industry and identify its size, scope and scale to establish its true economic contribution. This paper discusses the size and scope of the Australian building and construction industry, firstly froma traditional industry economics approach by firm size and business characteristics using data fron three construction industry surveys done over 15 years by the ABS. Secondly, data from an industry 'cluster' perspective is shown. The objective of the paper is to compare the differences found in industry size and scope in the structure-conduct-performance approach and the alternative industry cluster approach. Each model reveals different characteristics of the industry. The conclusion finds that the building and construction industry is a case where the traditional structure-conduct-performance model cannot be easily applied.Building industryConstruction industryProductivity
spellingShingle Gerard de Valence
Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry
Construction Economics and Building
Building industry
Construction industry
Productivity
title Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry
title_full Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry
title_fullStr Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry
title_full_unstemmed Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry
title_short Defining an Industry: What is the Size and Scope of the Australian Building and Construction Industry
title_sort defining an industry what is the size and scope of the australian building and construction industry
topic Building industry
Construction industry
Productivity
work_keys_str_mv AT gerarddevalence defininganindustrywhatisthesizeandscopeoftheaustralianbuildingandconstructionindustry