Abstract
The purpose of this paper is to analyze the competition in the UK construction industry and the key sectors that supply it, thereby identifying the degree of industrial concentration affecting the construction product. The research is based on Official Statistics giving details of the concentration ratios of 127 industrial sectors in the UK. The quantitative information on concentration is backed up by qualitative data from reports by the Competition Commission and its predecessors plus enquiries from the Office of Fair Trading. This is used to grade each industry and weight the key inputs by their relative importance to obtain an overall picture of competition in construction.
| Original language | English |
|---|---|
| Pages (from-to) | 232-248 |
| Number of pages | 17 |
| Journal | Journal of Financial Management of Property and Construction |
| Volume | 16 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2011 |
Keywords
- UK construction sector
- industrial competition