Changes in profit as market conditions change: An historical study of a building firm

Construction Management and Economics

Volumn 14, Issue 3, 1996, Pages 253-264

  Ming, Chan Siu ^c   Runeson, Göran ^a   Skitmore, Martin ^b  

^a UNIVERSITY OF NEW SOUTH WALES   (Australia)

^b QUEENSLAND UNIVERSITY OF TECHNOLOGY   (Australia)

^c NONE

Author keywords

Australian economy; Intrafirm profit; Regression analysis

Indexed keywords

CONSTRUCTION; CONSTRUCTION INDUSTRY; REGRESSION ANALYSIS;

AUSTRALIAN ECONOMY; CONSTRUCTION ACTIVITIES; CONSTRUCTION PROJECTS; DEPENDENT VARIABLES; ECONOMIC CONDITION; INDEPENDENT VARIABLES; MULTIPLE REGRESSION ANALYSIS; PROJECT CHARACTERISTICS;

PROFITABILITY;

EID: 12444302336     PISSN: 01446193     EISSN: None     Source Type: Journal    
DOI: 10.1080/014461996373502     Document Type: Article

References (21)

1. Aigner, D.J. (1971) Basic Econometrics. Prentice-Hall Inc., Englewood Cliffs, NJ.
2. Andrews, P.W.S. and Brunner, E. (1975) Studies in Pricing. Oxford University Press.
3. Bentley, S. (1982) National cost adjustment provision, Builder NSW, June.
4. Brain, P.J., Smith, L. and Schuyers, G.P. (1979) Population, Immigration and the Australian Economy. University of Melbourne, Melbourne.
5. Carr, R.I. and Sandahl, J.W. (1978) Bidding strategy using multiple regression, ASCE Journal of the Construction Division, 104, 15-26.
6. Clark, C. (1962) Economic Growth in Australia, Australian Institute of Political Science, Canberra.
7. de Neufville, R., Hani, E.N. and Lesage, Y. (1977) Bidding models: effects of bidders risk aversion, ASCE Journal of the Construction Division, 103, 57-70.
8. Fine, B. (1975) Tendering strategy, in Aspects of the Economics of Construction, Turin, D.A. (ed.) George Goodwin, London, 202-21.
9. Friedman, L. (1956) A competitive bidding strategy, Operations Research, 4(1), 104-12.
10. Gallagher, R.E. and Burthardt, G.A. (1980) Our Economic Environment (5th edn.) McGraw-Hill Book Company Australia Pty. Ltd., Melbourne.
11. Gates, M. (1967) Bidding strategies and probabilities, ASCE Journal of the Construction Division, 93(1), 75-107.
12. Gaver, K.M. and Zimmerman, J.L. (1977) An analysis of competitive bidding on BART contracts, Journal of Business, 50(3), 279-95.
13. McCaffer, R. (1979a) Cash flow forecast, Quantity Surveying (NZ), August, 12-14.
14. McCaffer, R. (1979b) Bidding behaviour, Quantity Surveying (NZ), August, 7-9.
15. McCaffer, R., McCaffrey, M.J. and Thorpe, A. (1983) The disparity between construction cost and tender price movements. Construction Papers, 2(2), 17-27.
16. Robinson, E.L. (1977) Focus on economy, The Building Economist, 2(2).
17. Rothman, S. (1979) Economic crisis and the building industry, The Modern Unionist, January/March.
18. Runeson, G. (1988) Method and methodology for price-level forecasting in the building industry, Construction Management and Economics, 6(1), 49-55.
19. Runeson, G. (1990) Incorporation of market conditions into tendering models. In Proceedings of the CIB 90, W55/65 Symposium, Vol. 6, UTS, Sydney, pp. 394-404.
20. Runeson, G. and Bennett, J. (1983) Tendering and the price level in the New Zealand building industry, Construction Papers, 2(2), 29-35.
21. Taylor, R.E. and Bowen, P.A. (1987) Building price-level forecasting: an examination of techniques and applications, Construction Management and Economics, 5(1), 21-44.