Project Alliances in the Australian Construction Industry: A Transaction Cost Economics Perspective

摘要：

Recent decade has seen the increasing importance of interorganizational cooperation and collaboration between organizations in the construction industry and witnessed the popularity of project alliancing. Many scholars and practitioners view alliancing as an alternative project delivery method which may help integrate project resources and improve the efficiency and performance of the construction industry. Despite the fact that alliancing can deliver various benefits at project level, organizational level or even industrial level, current empirical research has paid little attention to the impact of alliancing arrangements on governance efficacy and transaction costs. Drawing upon Transaction Costs Economics, the present study examines how the arrangement of project alliancing influences transaction costs, and whether alliances really do improve efficiency. Findings from a large-scale survey on alliancing projects in the Australian Public Sector demonstrate that project alliancing is more effective in reducing transaction costs under conditions of high asset specificity, high transaction uncertainty and high transaction frequency.

关键词： project alliancing transaction cost economics Australian construction industry

作者: Gang CHEN Guomin ZHANG Yimin XIE

作者单位: School of Civil, Environmental and ChemicalEngineering, RMIT University, Melbourne, Australia School of Civil, Environmental and Chemical Engineering,RMIT University, Melbourne, Australia School of Civil, Environmental and Chemical Engineering, RMIT University, Melbourne, Australia

会议类型: 国际会议

会议名称: 2011 International Conference on Construction & Real Estate Management(2011建设与房地产管理国际会议)

会议地点: 广州

会议语种:英文

页码: 182-186

在线出版日期: 2011-11-19（万方平台首次上网日期，不代表论文的发表时间）