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Understanding UK construction professional services exports: definitions and characteristics

Author

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  • Carol Jewell
  • Roger Flanagan
  • Caner Anac

Abstract

Services are very important to the UK balance of trade; a surplus has been recorded for trade in services every year since 1966. Construction professional services exports (CPS), which cover architecture, engineering and surveying (AES), have also increased, contributing over £3bn to the UK trade balance in 2007. The changing environment of construction professional services exports complicates the validity of the characteristics and definitions of services as described in the research literature and official export statistics. Through semi-structured interviews undertaken with large consulting engineers and a roundtable discussion with industry and government representatives, the research found that the impact of globalization and the changes in the construction business environment, such as increasing foreign ownership and changing forms of procurement, are not fully reflected in the official statistics. There have also been rapid changes in technology, procurement and methods of delivery which have impacted on exporting AES firms and a more appropriate set of characteristics is needed to better reflect the project-specific and knowledge-intensive nature of AES firms.

Suggested Citation

  • Carol Jewell & Roger Flanagan & Caner Anac, 2010. "Understanding UK construction professional services exports: definitions and characteristics," Construction Management and Economics, Taylor & Francis Journals, vol. 28(3), pages 231-239.
    • Handle: RePEc:taf:conmgt:v:28:y:2010:i:3:p:231-239
    DOI: 10.1080/01446191003587729
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    References listed on IDEAS

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    1. Ricardo, David, 1821. "On the Principles of Political Economy and Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 3, number ricardo1821.
    2. Kox, Henk L.M. & Rubalcaba, Luis, 2007. "Analysing the contribution of business services to European economic growth," MPRA Paper 2003, University Library of Munich, Germany.
    3. Oecd, 2005. "Growth in Services - Fostering Employment, Productivity and Innovation," OECD Digital Economy Papers 94, OECD Publishing.
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    Cited by:

    1. Kang-Wook Lee, 2023. "Market Structure Analysis of Revenue of International Construction Professional Service (I-CPS): A Country-Level Analysis," Sustainability, MDPI, vol. 15(18), pages 1-16, September.

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