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RESEARCH _____________________________________________________________________________ |
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Construction Economics: The
construction engineering and management domain currently lacks a
compelling theoretical framework to explain the behavior and interaction
of stakeholders in the construction process, as well as the production
process itself. Empirical studies have been performed, but no
explanations of the cause-effect relationships have been widely
accepted. Economic theory applied to the construction engineering
and management domain offers an opportunity for the development of such
a theoretical framework. An example of a project in this area is the study of construction labor productivity trends over the last two decades. Even though it is common to read and listen to statements indicating that construction labor productivity has consistently declined over the last two decades, Dr. Rojas found that there are so many issues regarding the reliability of the data that no conclusions can be drawn. For background information on this study visit the publications section. | |||||||||