1,721,042 research outputs found

    Subcontracting practices in USA homebuilding an empirical verification of Eccles's findings 20 years later

    No full text
    The activities of the construction industry can be interpreted as a network of transactions, or contracts. According to Williamson's framework, the analysis of transaction costs explains why the exchange of goods and services is governed by a specific government structure, ranging from "hierarchy" to "market". The study is based on two recent field studies of homebuilders and commercial (non-residential) contractors, which follow the analytical methodology of Eccles's investigation of homebuilders' subcontracting practice. In this investigation, Eccles argued for the theoretical existence of the "quasifirm", a stable organizational unit between the homebuilder and specialty subcontractors. Before illustrating the authors' findings, the paper first presents a review of Eccles's study of homebuilders, including a verification of its results. The paper concludes with a discussion of the limitations of the presented studies

    The insufficiently recognized importance of specialty trade contractors in the U.S. construction industry

    No full text
    Specialty trade contractors, a subject often neglected in the construction related literature, play an important role in the U.S. construction industry, particularly in terms of value added and employment. The presented study builds upon census data over a 30-year period (1972-2002). Specialty trade contractors are compared with building and non-building contractors. After addressing the phenomenon of subcontracting, particularly in building construction, the paper outlines the main characteristics of this type of construction firm in terms of its size, average annual value added, employment, assets and sales. Lastly their operating expenses and overhead distribution are analyzed. Specialty trade contractors have a cost structure that make them more vulnerable than other contractors to variations in construction demand and fluctuations of material costs

    Public Private Partnership in Italy: State of art, Trends and Proposals

    No full text
    The concept of Public Private Partnership (PPP) in Taiwan can be traced back to the Chinese Qing dynasty over a century ago when Governor Liu Ming-chuan petitioned the government to permit the private sector to raise money for constructing railroads from northern to southern Taiwan. Based on the valuable experience obtained in the first mega PPP project, the Act for Promotion of Private Participation in Infrastructure Projects was promulgated in 2000 and became the institutional framework for PPPs in Taiwan. Formal institutions are classified as 'contractual' and 'legal'. For contractual aspects, the Taiwanese Ministry of Finance provides model contracts for each PPP type, e.g. BOO (build-own-operate). The National PPP Taskforce was established in 2000 under the Public Construction Commission (PCC) which is the highest administrative organ in charge of public works development in Taiwan. An analysis of authorities in charge shows that fifty two percent of all cases were administered by the central government

    Going Beyond Counting First Authors in Author Co-citation Analysis

    Full text link
    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
    corecore