Accounting for Construction: Frameworks, Productivity, Cost and Performance, 1st Edition (Hardback) book cover

Accounting for Construction

Frameworks, Productivity, Cost and Performance, 1st Edition

Edited by Rick Best, Jim Meikle


256 pages

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Hardback: 9781138293977
pub: 2019-04-08
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Accounting for Construction follows on from Measuring Construction edited by the same team. It extends the coverage of some of the material in the first volume and expands the range of related topics to include, inter alia, shadow economies, accounting for informal construction and the treatment of the built environment sector in national accounts.

Taken together, the two volumes collate a range of topics that are only addressed, if addressed at all, in occasional academic papers and the publications of bodies such as national statistical offices and the World Bank. Accounting for Construction presents international examples from the UK, Australia and New Zealand and from both academic and professional contributors.

This book is essential reading for all researchers and professionals interested in construction economics, construction management, and anyone interested in how the construction industry affects the global economy in ways previously under-represented in the literature.

Table of Contents

    1 The challenges of measuring and accounting for construction - Rick Best, Jim Meikle

    Editorial Comments (Chapter 2)

    2 Accounting for the built environment - Gerard de Valence

    Editorial Comments (Chapter 3)

    3 Comparing Construction in National Industrial Classification Systems - Gerard de Valence

    Editorial Comments (Chapter 4)

    4 The challenges of measuring British construction output - Brian Green

    Editorial Comments (Chapter 5)

    5 Measuring construction industry activity and productivity: the impact of the shadow economy - Will Chancellor, Malcolm Abbott, Chris Carson

    Editorial Comments (Chapter 6)

    6 Productivity and levels of output in the construction industry - Will Chancellor, Malcolm Abbott, Chris Carson

    Editorial Comments (Chapter 7)

    7 Measuring Capital Productivity in Construction - Michael Regan

    Editorial Comments (Chapter 8)

    8 Cost Ratios and Technology Choice - Toong Khuan Chan

    Editorial Comments (Chapter 9)

    9 - A Review of the 2011 Construction Survey and Results from the World Bank International Comparison Program - Jim Meikle

    Editorial Comments (Chapter 10)

    10 Comparative Construction Cost Data for Industry: A Case Study of Turner & Townsend's Experience - Gary Emmett, Craig Langston

    Editorial Comments (Chapter 11)

    11 Applications of big data to construction - D’Maris D. Coffman, John M. Kelsey

    Editorial Comments (Chapter 12)

    12 A Proposed Framework for Measuring Future Construction Industry Performance - David Chandler, Mary Hardie, Srinath Perera, Craig Langston

About the Editors

Rick Best is Associate Professor of Construction Management and Economics at Bond University. He has produced numerous book chapters and papers over a 25-year career as an academic, as well co-editing four books and co-authoring one quantity surveying textbook. He was the founding director of the Centre for Comparative Construction Research. His research over the past 10 years has been focused on the problems associated with making valid comparisons of construction industries across countries and has contributed to the development of the most recent construction data collection project within the International Comparison Program.

Jim Meikle has a part-time chair in the economics of the construction sector at the Bartlett School of Construction and Project Management, University College London, and is an adjunct professor at Bond University. He retired as a partner of Davis Langdon LLP in 2005 and since then he has worked as an independent consultant with UK government departments and agencies, foreign governments, international organizations including the EU, the World Bank and the African Development Bank, and private clients. His main interests are international comparisons construction industry policy, construction data, construction productivity and construction professional services.

Subject Categories

BISAC Subject Codes/Headings:
ARCHITECTURE / Project Management
BUSINESS & ECONOMICS / Accounting / General
BUSINESS & ECONOMICS / Infrastructure
BUSINESS & ECONOMICS / Economics / General
TECHNOLOGY & ENGINEERING / Construction / General