IDEAS home Printed from https://ideas.repec.org/a/taf/conmgt/v21y2003i7p719-728.html
   My bibliography  Save this article

Taiwanese construction sector in a growing 'maturity' economy, 1964-1999

Author

Listed:
  • Chen-Kang Su
  • Chien-Yuan Lin
  • Ming-Teh Wang

Abstract

Using 12 input-output tables compiled in Taiwan between 1964 and 1999, the role of the construction sector in the development of the Taiwanese economy is examined and analysed in relationship to other economic sectors. Analytical results reveal a two-stage inverted U-shaped relationship between the share of construction in GNP versus GNP per capita. The 'pull effect' of the Taiwanese construction sector is approximately equal to that of the Japanese construction sector over time, demonstrating that construction is more closely linked to the wider economy in Taiwan than elsewhere, like Italy, the UK and the USA. The 'push effect' increases significantly over time, indicating that the M&R (maintenance and repair) construction expenditures are growing in Taiwan. Finally, the direct and total construction input from manufacturing initially increased from 1969 and then declined after 1981, while the input from the service sector has been steadily growing. These findings confirm the increasing 'maturity' of the Taiwanese economy, a trend that mirrors the economic development of other AICs like Italy, Japan, the UK and the USA.

Suggested Citation

  • Chen-Kang Su & Chien-Yuan Lin & Ming-Teh Wang, 2003. "Taiwanese construction sector in a growing 'maturity' economy, 1964-1999," Construction Management and Economics, Taylor & Francis Journals, vol. 21(7), pages 719-728.
    • Handle: RePEc:taf:conmgt:v:21:y:2003:i:7:p:719-728
    DOI: 10.1080/0144619032000064082
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/0144619032000064082
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/0144619032000064082?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:21:y:2003:i:7:p:719-728. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.