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An input-output analysis of the construction sector in highly developed economies

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  • Roberto Pietroforte
  • Tullio Gregori

Abstract

Using OECD input/output tables at current and constant prices, this paper analyses the performance of the construction sector of eight highly industrialized countries - Australia, Canada, Denmark, France, Germany, The Netherlands, Japan and the USA - in the 1970s and 1980s. First, the main characteristics of the data set with country and time coverage are briefly introduced. Then, a set of simple indicators is used for comparative purposes, namely to assess the construction sector's diminishing role in terms of share in gross output, value added and GNP. Analysis focuses also on technologies, with emphasis on the relative role of manufacturing and services inputs. Lastly, standard measures of linkages are used to determine the main sources of induced output that are created by the push and pull effects of the construction sector on the rest of the economy.

Suggested Citation

  • Roberto Pietroforte & Tullio Gregori, 2003. "An input-output analysis of the construction sector in highly developed economies," Construction Management and Economics, Taylor & Francis Journals, vol. 21(3), pages 319-327.
    • Handle: RePEc:taf:conmgt:v:21:y:2003:i:3:p:319-327
    DOI: 10.1080/0144619032000056153
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    References listed on IDEAS

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    1. Tullio Gregori & Gustav Schachter, 1999. "Assessing Aggregate Structural Change," Economic Systems Research, Taylor & Francis Journals, vol. 11(1), pages 67-82.
    2. Polenske, Karen R & Sivitanides, Petros, 1990. "Linkages in the Construction Sector," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 24(2), pages 147-161.
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    Cited by:

    1. Doling, John & Vandenberg, Paul & Tolentino, Jade, 2013. "Housing and Housing Finance—A Review of the Links to Economic Development and Poverty Reduction," ADB Economics Working Paper Series 362, Asian Development Bank.
    2. Vicente Alcaraz Carrillo de Albornoz & Antonio Lara Galera & Juan Molina Millán & Belén Muñoz Medina, 2023. "Public–Private Partnerships: Left or Right Government Economic Policy?," Public Organization Review, Springer, vol. 23(4), pages 1523-1544, December.
    3. Daniele Girardi & Antonio Mura, 2014. "The Construction-Development Curve: Evidence from a New International Dataset," The IUP Journal of Applied Economics, IUP Publications, vol. 0(3), pages 7-26, July.
    4. (No last name available), Himanshu, 2013. "Poverty and Food Security in India," ADB Economics Working Paper Series 369, Asian Development Bank.
    5. Debuque-Gonzales, Margarita, 2013. "Empirical Determinants and Patterns of Research and Development Investment in Asia," ADB Economics Working Paper Series 364, Asian Development Bank.
    6. Roberto Pietroforte & Tullio Gregori, 2006. "Does volume follow share? The case of the Danish construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 24(7), pages 711-715.
    7. Elena IONAȘCU, 2019. "The Dynamic Relationship Between The Residential Real Estate Markets, Macro – Economy And Institutional Development: Evidence From Eu Countries," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6, pages 75-107.
    8. Hartwig, Johannes & Kockat, Judit & Schade, Wolfgang & Braungardt, Sibylle, 2017. "The macroeconomic effects of ambitious energy efficiency policy in Germany – Combining bottom-up energy modelling with a non-equilibrium macroeconomic model," Energy, Elsevier, vol. 124(C), pages 510-520.
    9. Elias Giannakis & Theofanis P. Mamuneas, 2022. "Labour productivity and regional labour markets resilience in Europe," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(3), pages 691-712, June.
    10. Erol, Isil & Unal, Umut, 2015. "Role of Construction Sector in Economic Growth: New Evidence from Turkey," MPRA Paper 68263, University Library of Munich, Germany.
    11. Honghao Ren & Henk Folmer & Arno Vlist, 2014. "What role does the real estate–construction sector play in China’s regional economy?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 52(3), pages 839-857, May.

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