Research on the Relationship between Building Industrialization and Labor Productivity of China

摘要

This paper analyzes the relationship between building industrialization and labor productivity. Based on Cobb-Douglas production function, the labor productivity model is established to evaluate the effect degree of building industrialization of labor productivity, then a case study of China's construction industry from 2000 to 2014 is used to evaluate the effect degree. The results demonstrates that the effect of building industrialization on the labor productivity is greater than capital investment, with the percentage of building industrialization increasing by 57.28%, and the percentage of capital investment increasing by 42.72%. Overall the results indicated that building industrialization is an effective way to improve labor productivity in the construction industry.