Relationships between Engineering Construction Standards and Economic Growth in the Construction Industry: The Case of China’s Construction Industry

Xue, Hong; Zhang, Shou Jian

doi:10.1007/s12205-017-1990-y

Cited by 11 publications

(7 citation statements)

References 34 publications

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“…During a period of rapid economic improvement, the construction industry needs to grow faster than the economy (Wells, 2001; Turin, 1978; Strassmann, 1970). Growth is accelerated by an improvement in construction engineering standards (Xue and Zhang, 2018). However, if over expansion occurs, long-term economic growth is inhibited through construction price increase and lack of utilisation (Giang and Low, 2011).…”

Section: The Economic Value Of Infrastructurementioning

confidence: 99%

The implications of the construction industry to national wealth

Fulford

2018

ECAM

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Purpose The purpose of this paper is to explore how construction projects should be conceived and how the productivity of the construction industry impacts upon a nation’s wealth. Design/methodology/approach The approach has been to marshal the extant literature about the construction industry, construction industry productivity and the economic value of the built environment. Whilst there are many lenses that are used to understand the industry, different ways to measure productivity performance and differing practices between nations, it has been determined that construction industry productivity improvement significantly lags behind other industries. Findings There is a strong argument that construction productivity improvement correlates to advances in a nation’s economy. Nonetheless, it is the decisions about the nature of infrastructure, the standardisation of infrastructure and the effect upon labour productivity that will have the greatest implications for a nation’s economic future. These economic improvements will be inhibited by legacy infrastructure, particularly in densely populated areas. If substantial innovation occurs, the nations currently holding the highest stock of infrastructure might be economically constrained. Research limitations/implications The construction industry is highly fragmented and has the uncertainties of a cyclic industry. It is, therefore, necessary for governments to identify standards and facilitate innovation. The implications for short- and long-term economic performance require that the industry is a fundamental at the highest level of government. Originality/value Scholars can use the propositions to further analyse construction productivity improvement and the provision of different types of infrastructure with regard to a nation’s economic performance. Hypotheses are offered to support future research.

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Section: The Economic Value Of Infrastructurementioning

confidence: 99%

The implications of the construction industry to national wealth

Fulford

2018

ECAM

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“…The construction industry holds a pivotal position in the economic development of numerous countries [ 1 ], including developing countries such as China [ 2 ]. China’s construction industry has been identified as a key contributor to the country’s national economy and has improved its Gross National Product over time [ 3 ].…”

Section: Introductionmentioning

confidence: 99%

The relationship between social responsibility fulfilment and industry competitiveness: Empirical evidence from construction industry in China

Shu,

Duan

2023

PLoS ONE

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Social responsibility fulfilment is an important part of the operation management (OM) and competitiveness of the construction industry (CIC). This study investigates the mechanisms through which social responsibility fulfilment in the construction industry affects industry competitiveness and the mediating role of industry operations management. From the intra-organizational stakeholder perspective, social responsibility fulfilment (SR) is divided into two dimensions: shareholder-dimensional (SH) and employee-dimensional social responsibility fulfilment (EM). By analysing a panel of the construction industry in 12 provinces of China from 2015 to 2020, an inverted U-shaped relationship between social responsibility fulfilment and construction industry competitiveness and between shareholder-dimensional social responsibility fulfilment and construction industry competitiveness was found, while a U-shaped relationship between employee-dimensional social responsibility fulfilment and construction industry competitiveness was found. Furthermore, social responsibility fulfilment and shareholder-dimensional social responsibility fulfilment had significant effects on operation management. Additionally, the study concludes that operation management is positively related to construction industry competitiveness and plays a partially mediating role between social responsibility fulfilment and construction industry competitiveness. The findings enrich the theoretical basis of the relationship between social responsibility fulfilment and competitiveness and demonstrates important management significance for the construction industry in managing its social responsibility behaviour and improving industry competitiveness, thus promoting high-quality development of the construction industry.

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“…High rates of development of construction equipment create the necessary prereq-uisites for the design and construction of buildings and other structures of elements that have significant strength and stability with low weight and small thickness [1][2][3][4][5]. At the same time, the development of technology leads to the emergence of more powerful machines and to increasing number of vehicles, which leads to increasing of noise in populated areas, civil and industrial buildings.…”

Section: Introductionmentioning

confidence: 99%

On Approach of Analysis of Oscillations of a Multilayer Structures

El¹

2021

CERJ

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Relationships between Engineering Construction Standards and Economic Growth in the Construction Industry: The Case of China’s Construction Industry

Cited by 11 publications

References 34 publications

The implications of the construction industry to national wealth

The implications of the construction industry to national wealth

The relationship between social responsibility fulfilment and industry competitiveness: Empirical evidence from construction industry in China

On Approach of Analysis of Oscillations of a Multilayer Structures

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