Abstract:
Productivity is basic statistical information for many international comparisons and country performance assessments. This study estimates the construction labour productivity of 79 selected economies. The real (purchasing power parities converted) and nominal construction expenditure from the Report of 2005 International Comparison Programme published by the World Bank and construction employment from the database of labour statistics (LABORSTA) operated by the Bureau of Statistics of International LAbour Organisation were used in the estimation. The inference statistics indicate that the descending order of nominal construction labour productivity from high income economies to low income economies is not established. the average construction labour productivity of low income economies is higher than middle income economies when the productivity calculation uses purchasing power parities converted data. MAlaysia ranked 50th and 63rd position among the 79 selected economies on real and nominal measurement respectively.
