A comparative analysis of consruction industry international performance between China and United States using the International Advanced Index

Zhang, P and London, K 2012, 'A comparative analysis of consruction industry international performance between China and United States using the International Advanced Index', in Niraj Thurairajah (ed.) Management of Construction: Research to Practice. The joint CIB International symposium of W055, W065, W089, W118, TG76, TG78, TG81 and TG84, Montreal, Canada, 26-29 June 2012, pp. 25-36.


Document type: Conference Paper
Collection: Conference Papers

Title A comparative analysis of consruction industry international performance between China and United States using the International Advanced Index
Author(s) Zhang, P
London, K
Year 2012
Conference name Management of Construction: Research to practice
Conference location Montreal, Canada
Conference dates 26-29 June 2012
Proceedings title Management of Construction: Research to Practice. The joint CIB International symposium of W055, W065, W089, W118, TG76, TG78, TG81 and TG84
Editor(s) Niraj Thurairajah
Publisher Birmingham School of the Built Environment
Place of publication Birmingham, United Kingdom
Start page 25
End page 36
Total pages 12
Abstract The double-dip recession in the United States and the debt crisis in Europe have provided opportunities for international contractors in developing countries. The rise in construction activity in developing countries has caused an increase in competition in the global market. The Chinese construction industry has undergone a dramatic change caused by their internationalization strategy in recent years. Significant achievements have been made by the Chinese construction industry. This paper compares the Chinese and United States' construction industries based on the International Advanced Index which was a new measure generated to address problems identified with current measures in the literature. IAI measures the international performance of a country's construction industry by adopting the Depth Index (revenue composition), Height Index (top enterprises) and Width Index (fields involved). The key finding is although achievements have been gained by the Chinese construction industry in recent years, the gap in performance in comparison with the United States' construction industry is increasing. The implication of this result is that the current development strategy of the Chinese construction industry in the international market is problematic.
Subjects Building Construction Management and Project Planning
Keyword(s) International Advanced Index
Comparative Research
Chinese Construction Industry
U.S. Construction Industry
Copyright notice © 2012 Birmingham School of the Built Environment, Birmingham City University, UK
ISBN 9782981335517
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