Current trends in digital products in the construction industry as a potential for increasing labor productivity

Authors

  • I.V. Maltsevich The Institute of Economics of the National Academy of Sciences of Belarus, Minsk, Republic of Belarus

Keywords:

digital products, construction industry, labor productivity, wages

Abstract

The goal is to analyze the trends of digital products development in the construction industry in the context of increasing labor productivity.

Materials and methods. Materials of research are presented by scientific publications of domestic and foreign authors in journals and electronic sources, and by the official statistics. The method of comparative analysis and general scientific methods were used: analytical review of scientific literature, generalization, synthesis and analogy. Data of the National Statistical Committee of the Republic of Belarus, materials of the domestic and foreign press, and Internet-resources served as information base of the research.

Results. The author has conducted researches on labor productivity dynamics and labor remuneration, calculated the ratio of their growth rates, offered a conceptual and logistic model of increasing labor productivity and considered the tendencies of digital products development.

Conclusion. It has been demonstrated that according to the systematized data, the dynamics of productivity growth for the period under consideration has no constant tendency. The industry key indicators of ICT use in the industry have been identified and analyzed. The scientific novelty lies in the fact that labor productivity is presented as an essential characteristic of the economic system, conceptual and logistic model of its increase has been proposed.

Author Biography

I.V. Maltsevich, The Institute of Economics of the National Academy of Sciences of Belarus, Minsk, Republic of Belarus

Postgraduate Student

References

Акаев, А. А. Человеческий фактор как определяющий производительность труда в эпоху цифровой экономики / А. А. Акаев, В. А. Садовничий // Проблемы прогнозирования. – 2021. – № 1. – С. 45-58. DOI: 10.47711/0868-6351-184-45-58.

ОЭСР—ГВХ РЦК: Информ. бюл-нь. № 11. 2018: [Электронный ресурс]. – Режим доступа: https://www.oecd.org/daf/competition/OECD-GVH-Newsletter11-july2018-RUS.pdf- Дата доступа: 22.01.2023.

Disruptive innovations and their effect on competition [Электронный ресурс]. – Режим доступа: https://www.oecd.org/daf/competition/disruptive-innovations-and-competition.htm - Дата доступа: 25.01.2023.

Pehkonen, J. Wages and productivity growth in the Nordic countries / J.Pehkonen // European Economic Review. – 1995. – № 39. – p. 1181-1196.

Bester, H. Wages and productivity growth in a dynamic monopoly / H.Bester, E. Petrakis // International Journal of Industrial Organization. – 2004. – № 22. – p. 83-100.

Alaghbari, W. Factors affecting construction labour productivity in Yemen / W. Alaghbari, A.A. Al-Sakkaf, B. Sultan // International Journal of Construction Management – 2019. – Vol. 19. – № 1. – pp. 79-91.

Neve, H.H. Determining the relationship between direct work and construction labor productivity in North America: four decades of insights / H.H.Neve, S. Wandahl, S. Lindhard, J. Teizer, J. Lerche//Journal of Construction Engineering and Management – 2020. –. Vol. 146. – №. 9. –С. 1-9.

Ардзинов, В. Д. Проблемы повышения производительности труда и заработной платы в сфере строительства / В. Д. Ардзинов // Экономика и управление. –2018. – № 2(148). – С. 36-45.

Мальцевич, И. В. Цифровизация строительной отрасли Республики Беларусь как важнейший фактор роста ее конкурентоспособности / И.В. Мальцевич// Вестник ГГТУ им. П.О. Сухого. – 2021. – №3 (86). – С. 55-66.

Lu, H. How Can Information Technology Use Improve Construction Labor Productivity? An Empirical Analysis from China / H.Lu, Q.Zhang, Q.Cui, Y.Luo, P.Pishdad-Bozorgi, X. Hu // Sustainability. – 2021. – № 13. – С. 1-13._ https://doi.org/10.3390/su13105401

Ghodoosi, F. Enhancement of bid decision-making in construction projects: A reliability analysis approach / F. Ghodoosi, A. Bagchi, M.R.Hosseini, T. Vilutiene, M.Zeynalian, J. Civ // Eng. Manag. – 2021. – № 27. – С.149–161.

Leviäkangas, P.; MokPaik, S.; Moon, S. Keeping up with the pace of digitization: The case of the Australian construction industry/ P. Leviäkangas, S.MokPaik, S. Moon // Technol. Soc. – 2017. – № 50. – С. 33–43.

Абдельвахаб, М. Тенденции роста производительности в строительной отрасли Европы, США и Японии / М. Абдельвахаб, Б.Фогль // Особенности управления экономикой. – 2011. – С. 635–644.

Инвестиции и строительство в Республике Беларусь, 2017 [Электронный ресурс] Режим доступа: https: // www . Белстат. правительство по / официальная – статистика / реальный – сектор – экономика / инвестиции – я – строительство / строительство / статистические – издания / index_7858 / — Дата доступа: 5.02.2023.

Инвестиции и строительство в Республике Беларусь, 2021 [Электронный ресурс] Режим доступа: https : // www . Белстат. правительство . к / официальная - статистика / солиальная – сфера / труд / официальные – публикации _7/ индекс _287/– Дата обращения: 25.01.2023

Восковых, К. А. Особенности цифровизации в строительной отрасли как важный фактор ее устойчивого развития / К. А. Восковых // Бюллетень науки и практики. – 2021. – Т.7. – №12. – С. 169–174. https://doi.org/10.33619/2414-2948/73/23.

References

Akayev, A. A. Sadovnichiy V.A. Chelovecheskiy faktor kak opredelyayushchiy proizvoditel'nost' truda v epokhu tsifrovoy ekonomiki [The human factor as determining labor productivity in the era of the digital economy]. Problemy prognozirovaniy [Problems of Forecasting]. 2021, no. 1, pp. 45–58 (In Russian).

OESR—GVKH RTSK: Inform byul-n'[OECD—GVH RCC: Inform Bull.], 2018, no. 11 (In Russian). Available at: https://www.oecd.org/daf/competition/OECD-GVH-Newsletter11-july2018-RUS.pdf (accessed 22.01.2023).

Disruptive innovations and their effect on competition [Disruptive innovations and their effect on competition] (In Еnglish). Available at: https://www.oecd.org/daf/competition/disruptive-innovations-and-competition.htm (accessed 25.01.2023).

Pehkonen, J. Wages and productivity growth in the Nordic countries. European Economic Review, 1995, no. 39, pp. 1181-1196 (In Еnglish).

Bester H., Petrakis E. Wages and productivity growth in a dynamic monopoly. International Journal of Industrial Organization, 2003, no. 22, pp. 83-100 (In Еnglish).

Alaghbari W., Alaghbari W., Al-Sakkaf A.A., Sultan B. Factors affecting construction labor productivity in Yemen. International Journal of Construction Management, 2019, Vol. 19, no. 1, pp. 79-91.(In Еnglish)

Neve H.H., Wandahl S., Lindhard S., Teizer J., Lerche J. Determining the relationship between direct work and construction labor productivity in North America: four decades of insights. Journal of Construction Engineering and Management, 2020, Vol. 146, no. 9, pp. 1-9 (In Inglish).

Ardzinov, V. D. Problemy povysheniya proizvoditel'nosti truda i zarabotnoy platy v sfere stroitel'stva [Problems of increasing labor productivity and wages in the construction sector] Ekonomika i upravleniye [Economics and Management].2018, no. 2(148), pp. 36-45. (In Russian)

Mal'tsevich, I.V. Tsifrovizatsiya stroitel'noy otrasli Respubliki Belarus' kak vazhneyshiy faktor rosta yeye konkurentosposobnosti [Digitalization of the construction industry of the Republic of Belarus as the most important factor in the growth of its competitiveness] Vestnik GGTU im. P.O. Sukhogo [Bulletin of GGTU im. BY. Sukhoi]. 2021, no. 3 (86), pp. 55-66. (In Russian)

Lu H., Zhang Q., Cui Q., Luo Y., Pishdad-Bozorgi P., Hu X..How Can Information Technology Use Improve Construction Labor Productivity? Sustainability, 2021, no. 13, pp.1-13. (In Еnglish)

Ghodoosi F., Bagchi M.R, Hosseini T., Vilutiene M. Zeynalian Enhancement of bid decision-making in construction projects: A reliability analysis approach / F. Ghodoosi, A. Bagchi, M.R. Hosseini, T. Vilutiene, M. Zeynalian, J. Civ, Eng. Manag, 2021, no. 27, pp.149–161. (In Еnglish)

Leviakangas P., MokPaik S., Moon S. Keeping up with the pace of digitization: The case of the Australian construction industry. Technol. soc., 2017,no. 50, pp. 33–43. (In Inglish)

Abdelwahab M., Fogl B. Productivity growth trends in the construction industry in Europe, the USA and Japan .Features of economic management, 2011, pp. 635–644. (In Еnglish)

Investitsii i stroitel'stvo v Respublike Belarus', 2017 [Investments and construction in the Republic of Belarus, 2017]. (In Russian). Available at: https: // www. Belstat. government . by / official – statistics / real – sector – economy / investment – i – construction / construction / statistical – editions / index_7858 /.

Investitsii i stroitel'stvo v Respublike Belarus', 2021 [Investments and construction in the Republic of Belarus, 2021]. (In Russian). Available at: https: // www. Belstat. government. k / official – statistics / solial - sphere / labor / official – publications _7/ index _287/.

Voskovykh K. A. Osobennosti tsifrovizatsii v stroitel'noy otrasli kak vazhnyy faktor yeye ustoychivogo razvitiya [Features of digitalization in the construction industry as an important factor in its sustainable development] Byulleten' nauki i praktiki [Bulletin of Science and Practice].2021, V.7., no. 12, pp. 169 – 174. (In Russian)

Published

2023-06-23

How to Cite

Мальцевич, И. (2023). Current trends in digital products in the construction industry as a potential for increasing labor productivity. Economy and Banks, (1), 86-95. Retrieved from https://ojs.polessu.by/EB/article/view/1756

Issue

Section

Issues of regional economy