Time-to-plan lags for commercial construction projects

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.

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Year of publication:	2012-12
Authors:	Oliner, Stephen D. ; Millar, Jonathan N. ; Sichel, Daniel E.
Institutions:	American Enterprise Institute
Keywords:	AEI Economic Policy Working Paper Series

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Classification:	A - General Economics and Teaching
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010842030