Factors affecting the parameters of the construction industry

Abstract

Abstract One of the most important directions for the development of the economy of any state is the maintenance of all branches of the national economy at rather a high level. Competition, both on the domestic and world market of industrial production, dictates the need to find modern innovation-oriented technologies, production management systems, use of raw materials, etc., and, consequently, continuous improvement, modernization, and development. The construction industry is a capital-intensive segment of the national economy, which is interconnected with such industries as mining, processing, metallurgy, machine building, etc. The research object of this article is the construction industry, which is the capital-forming industry, engaged in the development of the gross domestic product. The analysis of the industry was carried out using the classical tool of statistical data analysis, namely correlation analysis. The research is based on the analysis of the following industry parameters: GDP structure according to branches of the Russian economy, commissioning of residential houses by organizations of all forms of ownership in the Russian Federation, dynamics of the average actual cost of construction of 1 sq.m. of the total area of residential premises, which reflect tendencies and a state of development within the construction industry in Russia. The foreign experience in the development of the construction industry is presented. The performed analysis allowed formulating recommendations on the development of the Russian construction industry, which include legal, economic, social and environmental aspects.