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Exploring intersectoral linkages between real estate and construction

Song, Yu, Liu, Chunlu and Langston, Craig 2008, Exploring intersectoral linkages between real estate and construction, The international journal of construction management, vol. 8, no. 1, pp. 73-85.

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Title Exploring intersectoral linkages between real estate and construction
Author(s) Song, Yu
Liu, Chunlu
Langston, Craig
Journal name The international journal of construction management
Volume number 8
Issue number 1
Start page 73
End page 85
Total pages 13
Publisher Chinese Research Institute of Construction Management
Place of publication Hong Kong, China
Publication date 2008
ISSN 1562-3599
Keyword(s) Input-output analysis
construction sector
real estate
intersectoral linkages
hypothetical extraction method
Summary Even though linkages have attracted a lot of research interest, few researchers focus on the intersectoral linkages between two specific sectors. This research therefore proposes an indirect intersectoral linkage measure model to explore linkages between the real estate and construction sectors using the Hypothetical Extraction Method (HEM). Using the OECD input-output tables, the direct, total intersectoral linkages and the proposed indirect intersectoral linkages are explored and tested respectively for seven OECD countries over twenty years. The findings describe that the intersectoral linkages from construction to real estate are larger than those from real estate to construction. The statistical testing results imply that the proposed indirect intersectoral linkage measure method seems to be appropriate to analyse the intersectoral linkage between the construction and real estate sectors.
Language eng
Field of Research 120201 Building Construction Management and Project Planning
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2008, Chinese Research Institute of Construction Management
Persistent URL http://hdl.handle.net/10536/DRO/DU:30017373

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