An input-output approach for measuring real estate sector linkages

Song, Yu and Liu, Chunlu 2007, An input-output approach for measuring real estate sector linkages, Journal of property research, vol. 24, no. 1, pp. 71-91.

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Title An input-output approach for measuring real estate sector linkages
Author(s) Song, Yu
Liu, Chunlu
Journal name Journal of property research
Volume number 24
Issue number 1
Start page 71
End page 91
Publisher Routledge
Place of publication Abingdon, England
Publication date 2007-03
ISSN 0959-9916
1466-4453
Keyword(s) Input-output analysis
international comparison
hypothetical extraction method
real estate sector
linkage
Summary This research aims to measure and compare the total, backward, forward, internal and sectoral linkages of the real estate sector using the hypothetical extraction method over 30 years and explore the role of this sector in national economies and the quantitative interdependence between the real estate sector and the remaining sectors from a new angle. Empirical results show an increasing trend of these linkages, which confirms the increasing role of the real estate sector with economic maturity over the examined period. On the other hand, the significant rank correlations in the linkages imply that the importance of real estate remained fairly stable among highly developed economies over the examined period. This may supply a tool to signal the maturity of an entire economy. Furthermore, the findings can aid both governments making relative policies and businesses choosing strategic partners and location strategies.
Notes Online Publication Date: 01 March 2007
Language eng
Field of Research 150403 Real Estate and Valuation Services
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2007,
Persistent URL http://hdl.handle.net/10536/DRO/DU:30007394

Document type: Journal Article
Collection: School of Architecture and Built Environment
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