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There are some other measures such as consumer’s traveling cost (xxx, 2001), price cost
margins (xxx, 2011), persistence of firm PT ( xxx and xxx, 2010), and residual demand elasticity (xxx and xxx, 1999) for potential application in construction. While deserving attention, these measures have likewise limitation in application, as they were based on homogeneous business rather than construction, which is substantially unique, one-off, and heterogeneous.

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