A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
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 (author) / Zhang, Shou Jian (author)
KSCE Journal of Civil Engineering ; 22 ; 1606-1613
2017-08-09
8 pages
Article (Journal)
Electronic Resource
English
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