Spatial linkages among Australian construction markets

Jiang,H and Liu,C 2014, Spatial linkages among Australian construction markets, Australasian journal of construction economics and building, vol. 14, no. 2, pp. 18-30.

Attached Files
Name Description MIMEType Size Downloads

Title Spatial linkages among Australian construction markets
Author(s) Jiang,H
Liu,CORCID iD for Liu,C
Journal name Australasian journal of construction economics and building
Volume number 14
Issue number 2
Start page 18
End page 30
Publisher Australian Institute of Quantity Surveyors
Place of publication Deakin West, ACT
Publication date 2014
ISSN 1835-6354
Keyword(s) autocorrelation
construction prices
regional markets
spatial linkages
Summary The linkages among different construction markets have recently attracted much attention from construction economists. The interactions among regional construction markets have been discussed in a few studies, most of which have been carried out by using input-output methods, and none of them investigated spatial effects on the regional construction markets. This study employed spatial econometric techniques, including spatial autocorrelation and convergence tests, to analyse interactions and linkages among construction price indices in Australian six states and two territories. The empirical results indicate the presence of significant positive spatial correlation among the construction prices in Australian eight construction markets and the degree of dependence decreasing sufficiently quickly as the space between regions increases. The results of convergence test further provide evidence of existence of a ripple effect in construction prices among the Australian regional markets and the changes in construction prices in a state would first positively influence neighbouring states, and then spread out into other non-neighbouring states or territories.
Language eng
Field of Research 120203 Quantity Surveying
Socio Economic Objective 870102 Commercial Construction Planning
HERDC Research category C1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Persistent URL

Connect to link resolver
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 545 Abstract Views, 1 File Downloads  -  Detailed Statistics
Created: Mon, 24 Nov 2014, 16:31:47 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact