| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19408 |
| 来源ID | Working Paper 19408 |
| Time-To-Plan Lags for Commercial Construction Projects | |
| Jonathan N. Millar; Stephen D. Oliner; Daniel E. Sichel | |
| 发表日期 | 2013-09-05 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We use a large project-level dataset to estimate the length of the planning period for commercial construction projects in the United States. We find that these time-to-plan lags are long, averaging about 17 months when we aggregate the projects without regard to size and more than 28 months when we weight the projects by their construction cost. The full distribution of time-to-plan lags is very wide, and we relate this variation to the characteristics of the project and its location. In addition, we show that time-to-plan lags lengthened by 3 to 4 months, on average, over our sample period (1999 to 2010). Regulatory factors are associated with the variation in planning lags across locations, and we present anecdotal evidence that links at least some of the lengthening over time to heightened regulatory scrutiny. |
| 主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Industrial Organization ; Regulatory Economics ; Industry Studies ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w19408 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577083 |
| 推荐引用方式 GB/T 7714 | Jonathan N. Millar,Stephen D. Oliner,Daniel E. Sichel. Time-To-Plan Lags for Commercial Construction Projects. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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