| Title |
An Analysis of Profitability Study of Overseas Construction Projects using Multiple-Regression |
| Authors |
Kim, Jineon ; Kim, Yeasang |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2014.15.2.095 |
| Keywords |
Project Characteristics ; Profitability ; Multiple-regression ; Construction Statistics |
| Abstract |
From 1960th Korean construction industry has been rapidly grown due to Meddle-East construction market growth. To earn foreign currency and to raise overall Korean industry government has encouraged construction frontiers. As construction industry could grow up for its labour based originity but the time passes by and overseas construction market requests engineering know-how and technology for productivity to earn more profit. Over last 20 years overseas construction market share has been dramatically raised but its profit share is gradually declining. This study analyzed data sets of over 180 overseas construction projects for last 30 years of domestic contractor by using multiple-regression analysis and derived an output how input variables of characters explaining the construction project effects its profit. |