Worrall, H; Norman, G and Flanagan, R (1995) Intervention analysis and overseas trade in UK construction-related materials and components. Construction Management and Economics, 13(6), pp. 475-484. ISSN 01446193
Abstract
The UK trade deficit in construction-related materials and components increased significantly over the period 1982-1 989 but fell during 1989-1 992. This paper examines the extent to which the apparent reversal in the trend is associated with changes in the level of UK economic activity. Intervention analysis is used to examine the relationship between both construction output and GDP and (i) the trade deficit and (ii) imports in the construction material and components industries. The results suggest that the recent improvement in the trade balance in these industries is likely to be a consequence of the recession in the UK economy rather than any fundamental change in international conpetitiveness.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction materials; intervention analysis; overseas trade |
| Index terms: | intervention analysis, economic activity, construction material, import, recession, construction output, trade balance |
| Subjects: | data analysis and analytics, economic analysis, operations management, building materials |
| Topics: | Project Management, Research Practice, Engineering Principles, Business Strategy |
| Descriptive scope: | 3 PCA |
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