IDEAS home Printed from https://ideas.repec.org/a/sae/envira/v29y1997i10p1739-1758.html
   My bibliography  Save this article

Housebuilding in a Recession: A Regional Case Study

Author

Listed:
  • K Gibb

    (Department of Urban Studies, University of Glasgow, 25 Bute Gardens, Glasgow G12 8RS, Scotland)

  • A McGregor

    (Training and Employment Research Unit, University of Glasgow, Adam Smith Building, Glasgow G12 8RT, Scotland)

  • M Munro

    (School of Planning and Housing, Edinburgh College of Art, Laurieston Place, Edinburgh EH3 9DF, Scotland)

Abstract

In this paper we examine recently completed research in the Scottish housebuilding industry as it emerges from recession. A regionally differentiated downturn in construction activity has hit Scotland less severely than parts of England but the Scottish experience may nonetheless be able to shed light on prospects for the future. In the paper we use a structure-conduct-performance paradigm to classify the industry and to see where and by how much it departs from competitive market behaviour. It is clear from the evidence that the industry is restructuring and experiencing problems in a number of areas. With this in mind we discuss a range of short-run and medium-term policy directions that might change the future path of the sector. We conclude with a call for further industrial organisation research in this area, utilising the neoinstitutional economics insights of transactions costs, etc.

Suggested Citation

  • K Gibb & A McGregor & M Munro, 1997. "Housebuilding in a Recession: A Regional Case Study," Environment and Planning A, , vol. 29(10), pages 1739-1758, October.
    • Handle: RePEc:sae:envira:v:29:y:1997:i:10:p:1739-1758
    DOI: 10.1068/a291739
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/a291739
    Download Restriction: no
    File URL: https://libkey.io/10.1068/a291739?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Martin Ricketts, . "The Economics of Business Enterprise," Books, Edward Elgar Publishing, number 3121, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. T Quince, 2001. "Entrepreneurial Collaboration: Terms of Endearment or Rules of Engagement?," Working Papers wp207, Centre for Business Research, University of Cambridge.
    2. Michael Bergman & Jan-Erik Lane, 1990. "Public Policy in a Principal-Agent Framework," Journal of Theoretical Politics, , vol. 2(3), pages 339-352, July.
    3. John Groenewegen, 2011. "Evolution and Design of Institutions Supporting Liberalization," Chapters, in: Matthias Finger & Rolf W. Künneke (ed.), International Handbook of Network Industries, chapter 5, Edward Elgar Publishing.
    4. repec:cpn:umkeip:2012:v1:p:211-225 is not listed on IDEAS
    5. Peerlings, Jack H.M. & Polman, Nico B.P. & Dries, Liesbeth & Slangen, Louis H.G., 2012. "Resilience of European farms with and without the CAP," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126696, International Association of Agricultural Economists.
    6. Furubotn, Eirik G., 2001. "The new institutional economics and the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 45(2), pages 133-153, June.
    7. Wandel, Jürgen, 2011. "Integrierte Strukturen im Agrar- und Ernährungssektor Russlands: Entstehungsgründe, Funktionsweise, Entwicklungsperspektiven und volkswirtschaftliche Auswirkungen. Band I und II," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 63, number 63.
    8. Michael Dietrich & Jackie Krafft, 2011. "Firm development as an integrated process: with evidence from the General Motors–Fisher Body case," Journal of Evolutionary Economics, Springer, vol. 21(4), pages 665-686, October.
    9. Opolska, Iweta, 2017. "The efficacy of liberalization and privatization in introducing competition into European natural gas markets," Utilities Policy, Elsevier, vol. 48(C), pages 12-21.
    10. Daniel B. Klein & Jason Briggeman, 2010. "Israel Kirzner on Coordination and Discovery," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 25(Spring 20), pages 1-53.
    11. Pitelis, Christos & Teece, David, 2009. "The (new) nature and essence of the firm," MPRA Paper 24317, University Library of Munich, Germany.
    12. Sigismundo Bialoskorski Neto, 2004. "Gobierno y papel de los cuadros directivos en las cooperativas brasileñas: Estudio comparativo," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 48, pages 225-241, April.
    13. Coase, R H, 2000. "The Acquisition of Fisher Body by General Motors," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 15-31, April.
    14. Sven‐Olof Collin, 1995. "The Institutional Control of the Corporation – extending the debate on the separation of ownership from control," Corporate Governance: An International Review, Wiley Blackwell, vol. 3(3), pages 118-127, July.
    15. Mudambi, Ram & Mudambi, Susan McDowell, 1995. "From transaction cost economics to relationship marketing: a model of buyer-supplier relations," International Business Review, Elsevier, vol. 4(4), pages 419-433.
    16. Carmen A. Li & John Stittle, 2014. "Privatisation and Franchising of British Train Operations," Australian Accounting Review, CPA Australia, vol. 24(1), pages 53-65, March.
    17. Lewis, Mervyn K., 2010. "Did Berle and Means get it wrong? Reflections on Thorstein Veblen, Paul Samuelson, and ‘Corporate Strategy Financialized’," Accounting forum, Elsevier, vol. 34(3), pages 222-227.
    18. Breton, Albert, 1995. "Organizational hierarchies and bureaucracies: An integrative essay," European Journal of Political Economy, Elsevier, vol. 11(3), pages 411-440, September.
    19. Ann L. Brower & Philip Meguire & Adrian Monks, 2010. "Closing the Deal: Principals, Agents, and Subagents in New Zealand Land Reform," Land Economics, University of Wisconsin Press, vol. 86(3).
    20. Evert-Jan Visser, 2009. "The Complementary Dynamic Effects of Clusters and Networks," Industry and Innovation, Taylor & Francis Journals, vol. 16(2), pages 167-195.
    21. Renata Sliwa, 2012. "Separation of the telecommunications operator as a tool for market regulation. The case of the telecommunications sector in Poland," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 8(1), pages 211-225, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envira:v:29:y:1997:i:10:p:1739-1758. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.