Measuring Competition Degree of Building Maintenance Market in Hong Kong: A Conceptual Model

Yuhan Niu (), Weisheng Lu () and K. W. Chau ()
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Yuhan Niu: The University of Hong Kong
Weisheng Lu: The University of Hong Kong
K. W. Chau: The University of Hong Kong

Chapter Chapter 31 in Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, 2015, pp 369-378 from Springer

Abstract: Abstract Competition is a key to maintaining a healthy market without price distortion. With the occurrence of increasing anti-competition conducts and climbing project price in the building maintenance business in Hong Kong, it is of importance to examine the appropriate degree of competition (DOC) in this booming market. Market share concentration, entry barrier and other factors have been proposed by previous studies to examine the market competition individually. However, method that takes all factors into consideration for measuring the competition degree of the building maintenance market has not been established. This study aims to provide a conceptual model, by taking these factors on board to measure the DOC of the building maintenance market in Hong Kong. The model could be used to guide data collection, data processing and the calculation of the DOC. Measurement outcomes from this model may provide a basis for assisting the enforcement of the Competition Ordinance enacted from 2012 as well as alarming the enterprises with malpractices in the market.

Keywords: Competition degree; Building maintenance market; Market share concentration; Entry barrier; Hong Kong; Conceptual model (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-46994-1_31

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DOI: 10.1007/978-3-662-46994-1_31

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