A Mesoeconomic Analysis of the Construction Sector
Author
Summary, in English
This study presents, as its basic objective, an analysis model of construction, based on the need for a comprehensive approach to construction. The analysis model has its theoretical basis in mesoeconomics, which is described as the intermediate level between micro- and macroeconomics. The analysis model for construction based on mesoeconomics aligns with the structure of a systems analysis, with specific emphasis on a comprehensive aggregation level and consideration of the influences of the institutional environment. Thus, the analysis model developed in this study, referred to as the mesoeconomic analysis, describes the construction sector as an open system, composed of interacting components that carry out economic activities ranging from manufacture, production, to asset management.
A test of the mesoeconomic analysis, applied to the construction sectors of Denmark, Germany and Sweden, concluded that the analysis model developed in fact provides an appropriate framework for the analysis of construction at a sector aggregation level and as such, it provides a basis for comparative analysis of the construction sectors of different, developed countries. However, the review of the application of the analysis model also identified difficulties concerning the structure and accessibility of the information required for the analysis and difficulties related to the characteristics of a systems analysis. The conclusion is that the mesoeconomic analysis of construction provides a comprehensive approach, which facilitates a broad field of potential applications.
Department/s
- Construction Management
Publishing year
2003
Language
English
Publication/Series
Construction Management Publications
Document type
Dissertation
Publisher
Department of Construction Management, Lund Institute of Technology
Topic
- Construction Management
Keywords
- Industriell ekonomi
- Commercial and industrial economics
- Sector Analysis
- Mesoeconomics
- Construction
Status
Published
Supervisor
- [unknown] [unknown]
ISBN/ISSN/Other
- ISSN: 1651-0380
- ISBN: 91-628-5612-X
Defence date
25 April 2003
Defence time
10:15
Defence place
Room V:D, V-huset, Lund Institute of Technology
Opponent
- Jorge Lopes (Professor)