A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Productivity Growth in Construction
Measuring productivity growth in construction has been a classic challenge, largely because reliable output deflators are scarce. This paper reports first results from a Bureau of Labor Statistics research group convened to measure construction productivity better. Results show that labor productivity growth has been positive, and fairly substantial, in all four industries where reliable deflators now exist. Shifts of labor between construction industries reduce productivity growth by 0.4% a year. Regulation is a significant negative effect on productivity, but reduces productivity growth by only 0.1% a year. Undocumented immigrants are important in construction, and often work off the books, but reasonable allowance for their increased presence reduces productivity growth by only 0.1% a year. The influences examined are not sufficient to explain why productivity growth is so much lower in construction than elsewhere. Later work will measure productivity growth in a broader range of industries, including some industries representing contractors. However, this further work requires access to restricted Census microdata, and so will take several years more to complete.
Productivity Growth in Construction
Measuring productivity growth in construction has been a classic challenge, largely because reliable output deflators are scarce. This paper reports first results from a Bureau of Labor Statistics research group convened to measure construction productivity better. Results show that labor productivity growth has been positive, and fairly substantial, in all four industries where reliable deflators now exist. Shifts of labor between construction industries reduce productivity growth by 0.4% a year. Regulation is a significant negative effect on productivity, but reduces productivity growth by only 0.1% a year. Undocumented immigrants are important in construction, and often work off the books, but reasonable allowance for their increased presence reduces productivity growth by only 0.1% a year. The influences examined are not sufficient to explain why productivity growth is so much lower in construction than elsewhere. Later work will measure productivity growth in a broader range of industries, including some industries representing contractors. However, this further work requires access to restricted Census microdata, and so will take several years more to complete.
Productivity Growth in Construction
Sveikauskas, Leo (author) / Rowe, Samuel (author) / Mildenberger, James (author) / Price, Jennifer (author) / Young, Arthur (author)
2016-03-29
Article (Journal)
Electronic Resource
Unknown
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