A ROAD CONSTRUCTION PRICE INDEX

This paper describes a method of measuring price changes at the national level in the road and bridge construction and maintenance industry. The paper gives the results of application of such methodology to measure the price changes for roadworks from 1963-64 to 1977-78 in the form of a price index. This index is a refinement and update of the price index developed by the author for the former Commonwealth Bureau of Roads. Chapter 1 discusses the scope of the index in general terms and the various measures currently available for measuring price changes. Chapter 2 describes the overall methodology employed in constructing the price index. The estimation procedures used in providing data as input required by the price index are set out in chapter 3. Chapter 4 describes the method of obtaining a measure of the total productivity of non-farm activity in the Australian economy. The last chapter details the results of application of te data estimates to the road construction price index method and discusses briefly the impact and importance of changes in prices of road works. (TRRL)

  • Availability:
  • Corporate Authors:

    Bureau of Transport Economics, Australia

    P.O. Box 367
    Canberra, A.C.T. 2601,   Australia 
  • Authors:
    • Burke, R H
  • Publication Date: 1978-10

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00307976
  • Record Type: Publication
  • Source Agency: ARRB Group Limited
  • Report/Paper Numbers: Occasional No. 27 Monograph
  • Files: ITRD, TRIS, ATRI
  • Created Date: Jun 9 1980 12:00AM