The Economics of the Construction Industry  book cover
1st Edition

The Economics of the Construction Industry

ISBN 9781563249877
Published March 31, 1997 by Routledge
192 Pages

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Book Description

The American construction industry, reponsible for nearly 4% of the nation's Gross Domestic Product, directly employs over five million people and provides millions of additional support jobs in related fields. This book provides an introductory overview of the economic aspects of the industry, including the historical development of building activity from earliest times to modern day market-based construction, including the work of individual artisans to complex construction unions. The book explores current trends in labor force participation; the measurement of industry performance; the determinants of investment; government involvement; competition; wage determination; training; and worker safety.

Table of Contents

The global revolution in public management has led many reformers to call for public managers to reinvent themselves as public entrepreneurs. Larry D. Terry strongly opposes this view, and in its place presents an original normative theory of administrative leadership that integrates legal, sociological, and constitutional theory. Terry draws on the works of Philip Selznik, Carl J. Friedrich, Chester Barnard and others in advancing his concept of "Administrative Conservatorship." He depicts bureaucratic leaders as "Conservators" of public bureaucracies, vigorously protecting the integrity of the bureaucracy, and when called upon, adapting to change. Filled with illustrative examples, Leadership of Public Bureaucracies is a thoughtful, well-reasoned alternative to public management orthodoxy and the New Public Management.

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