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Linkage measures of the real estate sector considering the effect of capital

Song, Yu, Liu, Chunlu and Langston, Craig 2006, Linkage measures of the real estate sector considering the effect of capital, International journal of strategic property management, vol. 10, no. 3, pp. 131-143.

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Title Linkage measures of the real estate sector considering the effect of capital
Author(s) Song, Yu
Liu, Chunlu
Langston, Craig
Journal name International journal of strategic property management
Volume number 10
Issue number 3
Start page 131
End page 143
Publisher Leidykla Technika
Place of publication Vilnius, Lithuania
Publication date 2006-09
ISSN 1648-715X
1648-9179
Keyword(s) real estate sector
input-output table
hypothetical extraction method
capital
linkage
OECD countries
Summary A significant limitation in previous linkage relevant 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 real estate linkages are re-calculated and investigated in order to evaluate appropriately the impact of the real estate sector on national economies. The findings verify that the linkages of the real estate sector were extremely underestimated in previous research. A correct linkage measure of the real estate sector can contribute to produce correct information corresponding to the sectors responsible for the economic growth during the period under study and provide substantial contributions towards guiding the appropriate strategies for future economic development.
Notes Reproduced with the kind permission of the copyright owner.
Language eng
Field of Research 150403 Real Estate and Valuation Services
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2006, Vilnius Gediminas Technical University
Persistent URL http://hdl.handle.net/10536/DRO/DU:30008960

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