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This paper seeks to construct an empirical research agenda based on transaction cost reasoning informed by the Coase Theorem. It explains why the Coase Theorem has not been well received in the area of construction economics and management, as revealed by the relevant bibliometrics; develops a...
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There is no direct statutory planning enforcement mechanism for land without a history of Interim Development Permission Area Plans or Development Permission Area Plans in Hong Kong. Indirect enforcement of planning conditions is largely conducted by the Buildings Department upon building...
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Previous studies merely attempted to identify factors affecting safety performance from the micro perspective of project management, while they never questioned why those factors, such as lack of the top-management support and training, existed. A macro perspective, informed by the corollary of...
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As a contribution to the wider theoretical discussion on quality assurance in team production, this case study describes, using the capital – output ratio as a measure of efficiency performance, the quality control problems of Chinese construction state-owned enterprises and explains, with...
Persistent link: https://www.econbiz.de/10005008088
Most of the literature on the rapid changes in institutional arrangements in China's construction industry have either limited themselves to a description of these changes or relied on opinion surveys to draw conclusions. Few researchers have conducted serious empirical examinations, especially...
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