IDEAS home Printed from https://ideas.repec.org/a/taf/conmgt/v18y2000i7p733-745.html
   My bibliography  Save this article

Competition and the persistence of profits in the UK construction industry

Author

Listed:
  • Michael Ball
  • Mahtab Farshchi
  • Maurizio Grilli

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.

Suggested Citation

  • Michael Ball & Mahtab Farshchi & Maurizio Grilli, 2000. "Competition and the persistence of profits in the UK construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 18(7), pages 733-745.
    • Handle: RePEc:taf:conmgt:v:18:y:2000:i:7:p:733-745
    DOI: 10.1080/014461900433023
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/014461900433023
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/014461900433023?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yat-Hung Chiang & Bo-Sin Tang & Wing-Yu Leung, 2001. "Market structure of the construction industry in Hong Kong," Construction Management and Economics, Taylor & Francis Journals, vol. 19(7), pages 675-687.
    2. Florence Phua, 2005. "Determining the relationship between fee structure and project performance between firms: an empirical study based on institutional and task environment perspectives," Construction Management and Economics, Taylor & Francis Journals, vol. 23(1), pages 45-56.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:18:y:2000:i:7:p:733-745. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.