Concentration in the UK construction sector

    Research output: Contribution to journalArticle

    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 languageEnglish
    Pages (from-to)232-248
    Number of pages17
    JournalJournal of Financial Management of Property and Construction
    Volume16
    Issue number3
    DOIs
    Publication statusPublished - 2011

    Keywords

    • UK construction sector
    • industrial competition

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