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Using Purchasing Power Parity to Assess Construction Productivity

Auteur(s):
Médium: article de revue
Langue(s): en 
Publié dans: Australasian Journal of Construction Economics and Building, , n. 4, v. 10
Page(s): 1-10
DOI: 10.5130/ajceb.v10i4.1675
Abstrait:

For many reasons comparing construction productivity between countries is a difficult task. One key problem is that of converting construction costs to a common currency. This problem can be overcome relatively simply by using a basket of construction materials and labour, termed a BLOC (Basket of Locally Obtained Commodities), as a unit of construction cost. Average BLOC costs in each location are calculated from data obtained from a number of sources (quantity surveyors, estimators). Typical building costs obtained from published construction cost data are expressed in BLOC equivalents. Lower BLOC equivalents represent higher productivity as other inputs (largely materials) are constant. The method provides a relatively simple and direct method for comparing productivity between different locations. 

License:

Cette oeuvre a été publiée sous la license Creative Commons Attribution 4.0 (CC-BY 4.0). Il est autorisé de partager et adapter l'oeuvre tant que l'auteur est crédité et la license est indiquée (avec le lien ci-dessus). Vous devez aussi indiquer si des changements on été fait vis-à-vis de l'original.

  • Informations
    sur cette fiche
  • Reference-ID
    10338856
  • Publié(e) le:
    05.08.2019
  • Modifié(e) le:
    05.08.2019