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Multifactor productivity measures of construction sectors using OECD input-output database

journal contribution
posted on 2005-09-01, 00:00 authored by Chunlu LiuChunlu Liu, Y Song
This research develops a new productivity measurement framework for the construction sector in the light of an input-output table. Three group multifactor productivity indicators are formulated based on the multiplier concepts in the input-output analysis. This measurement framework focuses on the intro-industry flows of products and considers the direct and indirect effects of input and output. Moreover, this framework enables us to measure the multifactor productivity of a specific sector systematically. Historical analyses and international comparisons are carried out to indicate the differences of the productivity of the construction sectors in seven selected countries, using the newly published OECD input-output database. Research findings are expected to clarify how technological, organizational and political factors affect the productivity growth, enabling the policy makers, construction businesses and researchers to quantify the competitive ability of the construction sector.

History

Journal

Journal of construction research

Volume

6

Issue

2

Pagination

209 - 222

Publisher

World Scientific Publishing

Location

Singapore

ISSN

1609-9451

eISSN

1793-687X

Language

eng

Publication classification

C1 Refereed article in a scholarly journal

Copyright notice

2005, World Scientific Publishing

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