Arditi, D and Gutierrez, A E (1991) Performance of us contractors in foreign markets. Construction Management and Economics, 9(5), pp. 431-449. ISSN 01446193
Abstract
The international construction market shrank considerably in the period 1980-88. US contractors' performance in this period was less than satisfactory. This paper first discusses briefly the principal causes for this decline in international construction (the reduction in oil prices, an increase in Third World countries' external debts, local companies becoming more competitive, and governments' barriers to foreign contractors). It then uses published statistical data to identify the common features of US construction companies that undertake work overseas. Finally, it attempts to explain the factors such as financing, taxing, the Foreign Corrupt Practices Act, and foreign competition that may have affected US competitiveness abroad.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | company performance; foreign contracting; international competition; international construction |
| Index terms: | foreign contractor, becoming, financing, international construction, competition, markets, competitiveness, construction company |
| Subjects: | market analysis, economic analysis, organization, strategic management, philosophical process, business |
| Topics: | International Construction, 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