Tan, W (1989) Subsector fluctuations in construction. Construction Management and Economics, 7(1), pp. 41-51. ISSN 01446193
Abstract
Subsector analysis of short-run construction starts reveals that the construction cycle is fundamentally linked to the general business cycle so that moderation of the volatility of the cycle requires a more concerted national effort. Subsector starts were found to be generated by the same underlying structure and highly susceptible to random shocks; little is thus to be gained from diversification of work by construction firms.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction cycle; diversification; subsector |
| Index terms: | construction firm, diversification |
| Subjects: | market analysis, organization |
| Topics: | Research Practice, Business Strategy |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here