Global construction data is vital for contractors, governments, international organisations, policy makers, academic researchers and statisticians. As the global population of the world expands, the sustainability of the built environment raises the political agenda and the need to manage infrastructure and buildings in both urban and rural contexts becomes ever more pressing. How much more can the built environment grow and how can it be managed sustainably?
This edited volume addresses how we can find a possible way through the inconsistencies between national construction data sets to devise a consistent approach to national construction data to further the global sustainability agenda and inform policy making. This search begins in Part I, which looks at the methods and definitions used in construction statistics in different countries. Part II considers examples of different types of construction data from the cost of materials, measuring work on high rise buildings and existing stock. In Part III, the authors consider construction data internationally, beginning with the problem of comparing data in different countries using exchange rates and purchasing power parities (PPPs), comparing innovation processes in different countries and looking at the provision of building design internationally. In Part IV, the international theme is continued by comparing accounting practices and company performance in different countries and concludes with an international comparison of construction industries.
This book raises awareness of the significance of the construction industry globally and the importance of data to measure it. It informs the discussion of the best ways of handling the consequences of policies affecting the built environment and the effect of the built environment on the rest of the economy and society. It is essential reading for international economists, construction industry consultants, policy makers, construction statisticians and academics.
Table of Contents
Measuring Construction Activity in the UK
Noble Francis, UCL
Construction Output as Gross Fixed Capital Formation
Gerard de Valence
Benchmarking International Construction Costs
Measuring high rise building stock: survival and redevelopment, the case of Hong Kong
Dr. Wai Kin Lau
Dr. Yung Yau
Deep renovation in different business environments
Activities causing cost overruns on construction projects in South Africa
The adoption of Building Information Modelling as a measure of international construction innovation
The contribution of architectural services
Make/buy decisions in international construction industry firms
A comparison of the construction output of the G7 countries.
Stephen Gruneberg, UCL
Stephen Gruneberg is an Honorary Professor in the Bartlett School of Construction and Project Management at University Collage London (UCL).