Abstract
The construction industry covers a wide range of loosely integrated groups and sub-markets whose output varies, but which basically consists of the production, alteration or repair of durable buildings and capital goods involving the use of land combined with other scarce resources — a combination found in other industries, but construction has certain unique characteristics deriving largely from the physical nature of the construction product and its demand.
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© 1995 Paul N. Balchin, Gregory H. Bull and Jeffrey L. Kieve
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Balchin, P.N., Bull, G.H., Kieve, J.L. (1995). The Construction Industry in the United Kingdom. In: Urban Land Economics and Public Policy. Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13652-0_10
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DOI: https://doi.org/10.1007/978-1-349-13652-0_10
Publisher Name: Palgrave, London
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