Record Details

The Significance of Barriers to Entry in the Construction Industry

Construction Economics and Building

View Archive Info
 
 
Field Value
 
Title The Significance of Barriers to Entry in the Construction Industry
 
Creator de Valence, Gerard
 
Subject


 
Description This research looks at the significance of barriers that firms considering entry into the construction industry might face. Drawing on the microeconomic characteristics of imperfectly competitive and oligopolistic markets the analysis finds that there are a dozen barriers to entry that affect the industry, but their significance depends on the product type. The discussion covers the question of product homogeneity in construction and evidence for the existence of barriers to entry in concentration levels. Barriers to entry specific to construction are then identified, which leads to an analysis of how they operate and their significance (high, medium or low) in different market types, thus increasing our understanding of construction industry dynamics.
 
Publisher UTS ePRESS
 
Contributor
 
Date 2012-11-22
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/2975
10.5130/AJCEB.v7i1.2975
 
Source Construction Economics and Building; Vol 7, No 1 (2007): AJCEB; 29-36
2204-9029
 
Language eng
 
Relation http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/2975/3148
 
Coverage


 
Rights Copyright (c) 2007 Gerard de Valence
http://creativecommons.org/licenses/by/4.0