A Road Construction Price Index

Publication Subject(s)
Publication Type
Release date

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.