Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Relationships between Engineering Construction Standards and Economic Growth in the Construction Industry: The Case of China’s Construction Industry
Abstract Although standards have a significant effect on economic growth in the construction industry, the effect of engineering construction standards on construction industry economics remains a relatively unexplored subject. In theory, standards as a technology indicator have an impact on economic growth. Therefore, we investigate the relationships between engineering construction standards and economic growth in the construction industry. A Cobb-Douglas production function and a VAR model are established to explore relationships between engineering construction standards and economic growth in the construction industry. Our results suggest that co-integration relationships are evidenced between engineering construction standards and economic growth in the construction industry, and engineering construction standards have a positive effect on economic growth in the construction industry.
Relationships between Engineering Construction Standards and Economic Growth in the Construction Industry: The Case of China’s Construction Industry
Abstract Although standards have a significant effect on economic growth in the construction industry, the effect of engineering construction standards on construction industry economics remains a relatively unexplored subject. In theory, standards as a technology indicator have an impact on economic growth. Therefore, we investigate the relationships between engineering construction standards and economic growth in the construction industry. A Cobb-Douglas production function and a VAR model are established to explore relationships between engineering construction standards and economic growth in the construction industry. Our results suggest that co-integration relationships are evidenced between engineering construction standards and economic growth in the construction industry, and engineering construction standards have a positive effect on economic growth in the construction industry.
Relationships between Engineering Construction Standards and Economic Growth in the Construction Industry: The Case of China’s Construction Industry
Xue, Hong ( Autor:in ) / Zhang, Shou Jian ( Autor:in )
KSCE Journal of Civil Engineering ; 22 ; 1606-1613
09.08.2017
8 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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