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An input-output analysis of the construction sector in emerging markets

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  • Tullio Gregori
  • Roberto Pietroforte

Abstract

Construction is a major industry in fast growing countries and plays a leading role in the process of economic development. Using input-output tables, the performance of the construction sector in six emerging countries (Brazil, Russia, India, Indonesia, China and South Africa) is compared from 1995 to 2005. First, the construction performance in these developing economies, by using standard indicators based on value added, gross output, final demand and intermediate inputs, is investigated. Then, the similarity cosine index is introduced to assess structural change and differences in input expenditures between countries. This index is a useful tool for identifying input bundles that require a probing international comparison of construction performance.

Suggested Citation

  • Tullio Gregori & Roberto Pietroforte, 2015. "An input-output analysis of the construction sector in emerging markets," Construction Management and Economics, Taylor & Francis Journals, vol. 33(2), pages 134-145, February.
    • Handle: RePEc:taf:conmgt:v:33:y:2015:i:2:p:134-145
    DOI: 10.1080/01446193.2015.1021704
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    Cited by:

    1. Ionela FLOREA MUNTEANU, 2021. "Comparative Analysis on Financial Performance and Sustainable Incentives in the Construction Sector. Evidence from the Coastal Area of Romania," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 61-67.

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