Factor Interrelation System of Integrated Business Structure Development in Construction

Abstract:

One of the key objectives of the formation and development of integrated business structures in Russia is to meet the population's need for new housing. Qualitative and quantitative indicators of residential building commissioning are significantly influenced by demand and supply factors. With the purpose of forecasting the activity of demand in the housing market with the help of methods of economic and mathematical modeling, the interrelation system of factors forming the socio-economic basis for the development of integrated business structures in construction has been built. The formulated economic and mathematical model allowed us to identify the factors focused on the formation of rational relations between the subjects of the housing and construction cluster. The model shows that the effectiveness of the mortgage lending system (from the demand side) and the level of introduction of innovations in the investment and construction complex (from the supply side) have a decisive influence on the solution of the housing problem.

• Periodical: Materials Science Forum (Volume 931)
• Pages: 1142-1147
• DOI: https://doi.org/10.4028/www.scientific.net/MSF.931.1142
• Online since: September 2018
• Authors: Vera V. Alexeenko, Nika S. Seredina*
• Keywords: Association Development Factors in Construction, Construction Economy, Economic Model, Integrated Business Structures, Mathematical Model, System of Hierarchical Interrelations

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