Competition and the persistence of profits in the UK construction industry

Michael Ball, Mahtab Farshchi and Maurizio Grilli

Construction Management and Economics, 2000, vol. 18, issue 7, 733-745

Abstract: An examination has been made of the performance of a range of medium-size publicly quoted construction firms over the five-year period 1990-1994 including evidence on the competitive nature of construction markets. The results suggest that construction markets are price competitive with mark-ups that vary positively with the construction cycle. Common arguments that competition in construction is excessive and that firms can gain from firm specific strategies are not supported by the analysis.

Keywords: Competition Medium-SIZE Price Competitive Excessive (search for similar items in EconPapers)
Date: 2000
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/014461900433023 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:18:y:2000:i:7:p:733-745

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RCME20

DOI: 10.1080/014461900433023

Access Statistics for this article

Construction Management and Economics is currently edited by Will Hughes

More articles in Construction Management and Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().