Extending construction linkage measures by the consideration of the impact of capital

Song, Yu, Liu, Chunlu and Langston, Craig 2006, Extending construction linkage measures by the consideration of the impact of capital, Construction management and economics, vol. 24, no. 11, pp. 1207-1216.

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Title Extending construction linkage measures by the consideration of the impact of capital
Author(s) Song, Yu
Liu, Chunlu
Langston, Craig
Journal name Construction management and economics
Volume number 24
Issue number 11
Start page 1207
End page 1216
Publisher Routledge
Place of publication Abingdon, England
Publication date 2006-11
ISSN 0144-6193
1466-433X
Keyword(s) construction sector
input-output analysis
capital
linkages
Summary Construction linkage is a well-established research field. However, a significant limitation in previous linkage research is that the flow of capital goods is not addressed. Using the OECD input-output tables, this research first generates a new input-output model considering capital as an intermediate factor. Using the new model, the construction linkages are recalculated and investigated in order to evaluate further the role of construction in national economies. The findings verify that traditional construction linkages were extremely underestimated in previous research. Furthermore, the effect of capital on construction shows a declining trend over the examined period. After considering the effect of capital, most values and rankings of backward and forward linkages show a decreasing trend, which confirms the declining role of the construction sector with economic maturity.
Language eng
Field of Research 120299 Building not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2006, Routledge
Persistent URL http://hdl.handle.net/10536/DRO/DU:30008959

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