Production theory and construction productivity

De Valence, G

Production theory and construction productivity

De Valence, G

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Publication Type:: Conference Proceeding
Citation:: 13th International Group for Lean Construction Conference: Proceedings, 2005, pp. 135 - 141
Issue Date:: 2005-12-01

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Field	Value	Language
dc.contributor.author	De Valence, G https://orcid.org/0000-0002-0619-8033	en_US
dc.date.issued	2005-12-01	en_US
dc.identifier.citation	13th International Group for Lean Construction Conference: Proceedings, 2005, pp. 135 - 141	en_US
dc.identifier.isbn	1877040347	en_US
dc.identifier.isbn	9781877040344	en_US
dc.identifier.uri	http://hdl.handle.net/10453/7328
dc.description.abstract	The theory of production applied to the construction industry has been typically based on management theories, and the application of the economic theory of production is less common. The economic theory of production focuses on features of the demand for factors of production (inputs) and output of commodities to develop input and output functions. The issues involved on the input side are concerned with the technical constraint of production processes that determine the cost base, and on the output side with the structure of markets where prices and revenues are determined. This paper focuses on the input side. The purpose of the paper is to discuss properties of construction production technology in the context of the economic theory of production and the production function. The paper then discusses the role of technical progress and shifts in the production function due to the adoption of new techniques which affect the production process or change input/output relationships.	en_US
dc.relation.ispartof	13th International Group for Lean Construction Conference: Proceedings	en_US
dc.title	Production theory and construction productivity	en_US
dc.type	Conference Proceeding
utslib.for	120201 Building Construction Management and Project Planning	en_US
dc.location.activity	Sydney, Australia	en_US
dc.location.activity	Tokyo, JAPAN
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.publication-status	Published	en_US

Abstract:

The theory of production applied to the construction industry has been typically based on management theories, and the application of the economic theory of production is less common. The economic theory of production focuses on features of the demand for factors of production (inputs) and output of commodities to develop input and output functions. The issues involved on the input side are concerned with the technical constraint of production processes that determine the cost base, and on the output side with the structure of markets where prices and revenues are determined. This paper focuses on the input side. The purpose of the paper is to discuss properties of construction production technology in the context of the economic theory of production and the production function. The paper then discusses the role of technical progress and shifts in the production function due to the adoption of new techniques which affect the production process or change input/output relationships.

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http://hdl.handle.net/10453/7328