Capacity of the Construction Industry

Stephen L. Gruneberg and Graham J. Ive
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Stephen L. Gruneberg: University College London
Graham J. Ive: University College London

Chapter 7 in The Economics of the Modern Construction Firm, 2000, pp 171-186 from Palgrave Macmillan

Abstract: Abstract In order to plan and co-ordinate the physical activities and output of industries, planners require volume data, such as technical input per unit of output. For instance, will there be enough bricks to permit a particular volume of construction? If not, can brick industry capacity be increased, or can construction industry demand for bricks be reduced? Even in a capitalist market economy, the need to ask this kind of question is clear, particularly in a relatively closed sector like construction.

Keywords: Construction Industry; Construction Sector; Unit Labour Cost; Spare Capacity; Natural Good (search for similar items in EconPapers)
Date: 2000
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DOI: 10.1057/9780230510432_7

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