Total factor productivity (TFP) determines long-term economic growth and is a comprehensive industry-level productivity measure. This paper proposes Jorgenson's method as an appropriate TFP measurement for the construction industry. The method is less restrictive than the conventional Chau's...

The ready mixed concrete (RMC) industry is an important sector of the construction industry in many places. Its level of development in terms of size and performance may be taken as an index representative of the development level of a particular construction industry taken as a whole. Therefore...

It is important to manage the multifaceted risks associated with international construction projects, in particular in developing countries, not only to secure work but also to make profit. This research seeks to identify and evaluate these risks and their effective mitigation measures and to...

Despite the Asian financial crisis, there was still growing international interests by sponsors in China's infrastructure projects financed on build-operate-transfer (BOT) concession contracts. With the closure of the Guangdong International Trust and Investment Corporation (GITIC), foreign...